Enabling the Information-Driven Healthcare Provider
In the midst of change characterized by needs for higher transparency Introduction and shifts to new types of reimbursement systems — such as Pay-for- Performance (P4P), Diagnosis-Related Groups (DRG) and Consumer Directed Health Plans (CDHP) — pressure is mounting on already financially stressed healthcare delivery organizations, including hospitals, clinics, nursing homes and ambulatory services. Private sector facilities struggle to reach profitability, while public institutions experience increasing difficulty to achieve performance targets.
An investigation of challenges and operational cost drivers affecting both private and public healthcare providers, which is presented herein, reveals how lagging adoption of business intelligence technology (compared to other industries) is at the core of problems that can be quickly and affordably rectified with QlikView in-memory analysis. On average, only 7% of data in a healthcare facility’s systems is available for analysis according to Gartner1 — a stunning business deficiency that not only obstructs new needs for transparency, but solutions to troublesome operational and financial performance issues as well. Included is a review of how in-memory analysis differs from traditional business intelligence and example case studies of problem-solving applications in public and private healthcare organizations.
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