Providers see growing needs for predictive analytics

Providers see growing needs for predictive analytics

Providers see growing needs for predictive analytics

Hospital executives see rising needs for predictive analytics, but use of the capability is only emerging within healthcare, and some believe that their organizations lack appropriate data or tools.

Nearly 80 percent of hospital executives believe healthcare can be improved through the use of predictive analytics, a population health management tool that can help providers manage costly challenges, such as preventing readmissions and handling fluctuations in patient census.

However, only 31 percent of respondents to a recent survey say their organizations have used the technology for more than a year, and nearly one in five (19 percent) say their organizations have no plans to use it.

The survey involved 136 health professionals who responded to an online survey in August conducted by Health Catalyst, a data warehouse, analytics and outcomes vendor.

“Overall, the survey findings point to a growing need within the provider community for solutions that help to identify long-term rising-risk patients who are on their way to becoming high-cost consumers of heath care,” said Levi Thatcher, Director of Data Science at Health Catalyst. “With an ever greater light being cast on system-wide inefficiencies, providers are hungry for analytics that will help them identify and treat these patients before their health deteriorates, both improving their lives and reducing needless spending across the system.

Read Also:
Data Outliers: 10 Ways To Prevent Big Data Damage

 



Chief Analytics Officer Europe

25
Apr
2017
Chief Analytics Officer Europe

15% off with code 7WDCAO17

Read Also:
Will Predictive Analytics and POS Save Small Retailers from Extinction?

Chief Analytics Officer Spring 2017

2
May
2017
Chief Analytics Officer Spring 2017

15% off with code MP15

Read Also:
Applications of Predictive Analytics in various industries

Big Data and Analytics for Healthcare Philadelphia

17
May
2017
Big Data and Analytics for Healthcare Philadelphia

$200 off with code DATA200

Read Also:
The Healthcare Cloud Big Data Checklist

SMX London

23
May
2017
SMX London

10% off with code 7WDATASMX

Read Also:
Types of Business Intelligence Software for Your Business Needs

Data Science Congress 2017

5
Jun
2017
Data Science Congress 2017

20% off with code 7wdata_DSC2017

Read Also:
Will Predictive Analytics and POS Save Small Retailers from Extinction?

Leave a Reply

Your email address will not be published. Required fields are marked *