There’s already a tremendous amount of healthcare data and the amount of data generated and stored by healthcare systems just continues to increase year after year. While the data could just sit on servers, smart healthcare organizations are taking this data and using it to positively impact their bottom lines as well as patient outcomes. Through four specific ways, healthcare data is truly transforming the industry and overall patient care.
1. Improving Patient Outcomes
The first way data is transforming healthcare is by improving patient outcomes. Using data, healthcare organizations are first and foremost able to reduce clinical variation. They are able to put data to work to identify and stop ineffective practices while reinforcing those that are beneficial. Additionally, healthcaresystems can use data to identify patients at risk for readmission and track care coordination to prevent this from happening. Another way that data helps to improve patient outcomes is by driving preventative care.
2. Reinventing Processes
According to a recent whitepaper, “healthcare organizations face formidable challenges – including escalating costs, a lack of interoperability, data overload, and the pressure to improve patient care while reducing costs. To compete, they have to optimize clinical and operational decision-making.”
By using the data they have already collected, healthcare organizations can accomplish all of these complex tasks. Today’s healthcare organizations can use data-driven insights to streamline the pharmacy supply chain, better manage staffing and physical resources, improve throughput – by optimizing the use of surgery suites and streamlining emergency department flows – and boost overall organization performance.
3. Reducing Costs
Healthcare systems are consistently under pressure to improve care while simultaneously reducing costs. The right business intelligence solution will help connect the dots between seemingly disparate data points and lead to insights that will inform the healthcare system’s business and clinical leaders where there’s opportunity for more efficient care and operations. This data also helps to streamline supply chain management and manage workforce performance by tracking efficiency across departments.
“Data-driven insights are propelling the healthcare industry to the next level,” explained Heather Gittings, senior director, Global Industry Solutions, Public Sector and Healthcare at Qlik.“With data at the forefront of initiatives, 82 percent of healthcare organizations experience clinical benefits including improved patient care. Additionally, with data, 54 percent of healthcare organizations see improved financial reporting capabilities. These are enormous benefits for the sector, and this is only the beginning of what data can do to improve the industry as a whole.”
Healthcare data will continue to grow in importance as payers and providers are able to leverage it to drive insights into clinical care and business operations. With the right business intelligence solution in place that prioritizes this data healthcare organizations will continue to see the positive impact of data across the entire system from improved patient outcomes to more efficient clinical processes. When healthcare data is prioritized, the sky is the limit for today’s providers and healthcare organizations.
To learn about the fourth way healthcare data is transforming the industry, click here.