Too many providers are failing to meaningfully integrate data analytics

healthcareitnews.com | January 13, 2020

Healthcare providers are failing to integrate digital data platforms into their IT infrastructure, and and analytics into their clinical and operational workflows. This despite widespread availability of the technology and a definite need for it, given the demands of value-based reimbursement.Those were among the findings of a Black Book survey of 748 providers organizations, which found utilization of advanced analytics was described as "negligible" by a whopping 80% of respondents.Meanwhile, 84% of the C-suite execs and board members polled said their health systems only used analytics to a  "limited or minimal extent to generate commercial or outcome insights," according to the survey.Even while the market for healthcare data analytics booms and provider access to such tools has risen sharply in past years, multiple factors, ranging from a lack of strategic direction to the absence of internal data scientists, have sharply curbed usage.A lack of financial resources and a lack of reinforced training were among the other challenges providers cited just 15% of respondents reported any meaningful utilization in financial forecasting and strategic planning.

Spotlight

A recent IDG study explores how cloud analytics can unleash the power of big data. According to 76% of the IT and business leaders surveyed, cloud analytics is arguably the best way to traverse big data initiatives. It all comes down to deriving the most value from data in the shortest time. And that requires the scalability, efficiency and user empowerment that naturally comes with Cloud Analytics...

Spotlight

A recent IDG study explores how cloud analytics can unleash the power of big data. According to 76% of the IT and business leaders surveyed, cloud analytics is arguably the best way to traverse big data initiatives. It all comes down to deriving the most value from data in the shortest time. And that requires the scalability, efficiency and user empowerment that naturally comes with Cloud Analytics...

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Vertica | February 24, 2022

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BIG DATA MANAGEMENT

Cognizant to Acquire Servian

Cognizant | January 11, 2021

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BIG DATA MANAGEMENT

oneZero Provides Data Source Access to Post-Trade Regulatory Vendors

oneZero | November 10, 2020

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