What Healthcare Analytics Can Teach The Rest of Us

...

Analytics are taking on a lead role in all phases of the healthcare system. Those personal fitness devices? Their value is in what they say about us, not the data itself.

Healthcare analytics is evolving rapidly. In addition to using traditional business intelligence solutions, there is data flowing from hospital equipment, medical-grade wearables, and FitBits.

The business-related data and patient-related data, sometimes combined with outside data, enable hospitals to triage emergency care patients and treat patients more effectively, which is important. For example, in the U.S., Medicare and Medicaid are embracing "value-based care" which means hospitals are now being compensated for positive outcomes rather than on the number of services they provide, and they're docked for "excessive" readmissions. Similarly, doctors are increasingly being compensated for positive outcomes rather than the number of patients they see. In other words, analytics is more necessary than ever.

The Effect of the IoT

Medical devices are becoming connected devices in operating rooms and hospital rooms. Meanwhile, pharmaceutical companies are beginning to connect products such as inhalers to get better insight into a drug's actual use and effects, and they're experimenting with medical-grade (and typically application-specific) devices in clinical trials to reduce costs and hassles while getting better insights into a patient's physical status. Surgeons are combining analytics sometimes with telemedicine to improve the results of a surgical procedures. Slowly but surely, analytics are seeping into just about every aspect of healthcare to lower costs, increase efficiencies, and reduce patient risks in a more systematic way.

Read more of Lisa Morgan's report on the use of analytics in healthcare on All Analytics.

Categories
APPLICATIONS
0 Comment

Leave a Reply

Captcha image


RELATED BY

  • 5300c769af79e

    Avoid the Telecommuting Reboot

    Yet both organizations leveraged remote employees for years until they abruptly decided it no longer worked for them.Yes, there likely were political and philosophical reasons behind IBM and Yahoo's reversal on remote work policy.
  • 5300c769af79e

    Google Pixel XL More Difficult to Repair Than iPhone 7

    In fact, its repairability score of six out of 10 is lower than that of the iPhone 7 and 7 Plus, both of which earned a seven out of 10.The Pixel XL lost points because of the phone's "thin, poorly supported" display assembly and press-fit notches, which make removing the midframe "laborious.
  • 5300c769af79e

    TAG Heuer Will Unveil the Connected Modular 45 Watch Tomorrow, Starts at $1,650

    Don’t want to wait until tomorrow to find out the details on the new TAG Heuer Connected watch?The new smartwatch from TAG is called the TAG Heuer Connected Modular 45.
  • 5300c769af79e

    Avira Software Updater Pro

    The system speedup offered by tune-up utilities is similar, in a way, to what Software Updater does, yet many of those offer a permanent license.But don't worry; you can use the Software Updater without committing to Avira as your universal security software supplier.