Top Four Benefits of Leveraging Health Analytics
Self-insured employers and healthcare providers that leverage data driven from clinical and business analytics are discovering new opportunities to lower costs,
provide better care for patients and establish health programs for employees. The ongoing challenge, however, is in being able to effectively compile all forms of structured and unstructured health data into an analytics database.
Though clinical and business analytics can lead to dramatic improvements in patient care and business operations, it can be challenging to extract comprehensive information from healthcare data in unstructured formats such as emails, faxes, text messages and paper, which can limit analytical outcome accuracy and usability. Forward-thinking organizations are using artificial intelligence, data classification, extraction and management software to free unstructured data that was formerly trapped, in order to realize a 360-degree patient view from all existing health data.
As health data continues to increase in volume, variety and importance, organizations looking toward the future are implementing new strategies for collection, grouping and analysis.