Healthcare executives are becoming more hands-on with data analytics. A recent survey assessing the value of data analytics to 557 healthcare executives finds that 72 percent of respondents perform some analytics in their current role.
And nearly 90 percent of respondents believe analytics is helping their organizations make better decisions.
The American Health Information Management Association and Health Data Management magazine collaborated on the survey. Respondents included AHIMA members and HDM subscribers.
Of the 399 executives who said they conducted their own analyses, 64 percent were doing descriptive analytics, which gives insights into a range of issues, most notably focused on quality measures, revenue cycle management and patient satisfaction.
Another 35 percent conduct both descriptive and predictive analytics, with predictive commonly used to better understand forward-looking readmission rates, population health management and identification of potentially high-cost patients.
Just one percent of responding healthcare executives conducted only predictive analytics.
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