Healthcare Analytics
Healthcare Analytics
Healthcare Analytics
HEATHCARE ANALYTICS
Healthcare analytics refers to the use of vast amounts of collected data to provide
organizations with actionable insights. These insights are developed through analytical
disciplines to drive fact-based decision making. In turn, these decisions improve planning,
management, measurement and learning.
As healthcare organizations around the world are challenged to reduce costs, improve
coordination with care teams, provide more with less, and focus on improving patient care,
analytics will be especially important. Primary care physician and nursing shortages are
requiring overworked professionals to be even more productive. Plus, new businesses
entering the market and new approaches to healthcare delivery will increase competition in
the industry. Building analytics competencies can help healthcare organizations harness
big data to create actionable insights that can be used by healthcare providers, hospital and
health system leaders, and those in government health and human services to improve
outcomes deliver value for the people they serve.
WHY IT IS NEEDED IN HEALTHCARE?
Data analytics techniques are being applied to improve research efforts in many
health-related areas by gathering and analyzing clinical data from various sources.
Among the most useful sources of clinical information are
EHRs
electronic medical records
personal health records
public health records
WHY IT IS NEEDED IN HEALTHCARE?
By analyzing patient data, healthcare providers can lower readmission rates, reduce errors, and
better identify at-risk populations. The types of patient data used in these analyses include
blood sugar level, temperature, blood test results, and the patient’s own wishes for care. The
primary factors that influence the quality of care patients receive are:
• The health outcomes that patients expect and that matter most to them
• How the processes that healthcare providers use impact patients’ desired outcomes
• How the resources, equipment, regulations, and other aspects of healthcare infrastructure
affect the quality of care that patients receive
WHY IT IS NEEDED IN HEALTHCARE?
The work processes and organization structures of healthcare providers directly impact the
quality of care patients receive and the likelihood of positive patient outcomes. Measuring
the effect of process and organization changes on outcomes and operational efficiencies
requires the ability to collect and analyze healthcare provider data related to these
processes and structures in complex healthcare environments.
Improving the quality and efficiency of healthcare starts with an organization-wide
assessment of current conditions combined with an alignment of the institution’s strategies
and goals for improvement. The operational areas most likely to benefit from data
analytics include employee scheduling, charting, emergency preparation, administration,
financial management, and compliance.
WHY IT IS NEEDED IN HEALTHCARE?
Data analytics is used in health business management to identify staffing issues and
recruit, hire, train, and retain healthcare workers. Healthcare providers have to balance the
need to contain costs and improve efficiency and patient outcomes with the growing
shortage of qualified medical professionals. Labor costs account for about 60% of all
hospital budgets, and the increasing demand for healthcare staff is expected to drive
salaries and wages even higher in the future.
Data analytics is being applied to manage labour costs in healthcare settings while
simultaneously improving the quality of care patients receive and the efficiency of service
provision.