If there was ever an industry built perfectly for the era of big data, it’s healthcare IT. With the exception of the Census Bureau, I doubt there’s anyone else with access to that much data. But due to changes coming from The Affordable Care Act, such as reimbursements being rewarded to hospitals and medical practices based on performance, it’s becoming incredibly important for hospitals to track specific information in real time to help them make intelligent business decisions.
At SHI, we’ve watched the growth of the healthcare IT industry for a chance to bring our unbiased vendor support to a heavily siloed industry. That’s why we jumped at the chance to partner with Cross Current Corporation, whose cloud-based, real-time business intelligence tool — Cross Current Business Analytics (CCBA) — makes gathering healthcare analytics easy and cost effective.
Healthcare’s big data hot spots
Through our partnership, we learned there are three hot points healthcare organizations need to focus on in terms of their business intelligence, and certain questions they need to ask themselves to help drill into their analytics. The first two are common to all businesses: operational and financial. What make hospitals unique are the clinical problems. Continue Reading…