As healthcare organizations navigate the new value-based care landscape, analytics is playing a major role. In fact, according to a study from Deloitte, more than four in five healthcare IT stakeholders identified value-based care as a key analytics driver for their organization.
Healthcare analytics enables organizations to get the insights they need to make more informed decisions that will ultimately reduce care costs and improve patient outcomes. By bringing together disparate sources of data—such as patient data in EHRs, financial information and time-tracking records—analytics capabilities ensure that organizations have greater visibility into hospital operations, finances and clinical care. In addition, healthcare analytics can help to track specific measures, or key performance indicators (KPIs), that are needed to report to various agencies.
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