Today, HIMSS Analytics and Dimensional Insight released some surprising new survey results about the state of clinical analytics at healthcare organizations. While most organizations say they are using analytics in clinical areas, reality shows that purely clinical projects are not a top focus area for most hospitals and health systems.
The original idea for the “Practical Analysis” blog series came from a seemingly simple question: “What is analysis?” Answering that question took me on a fascinating journey from Florence Nightingale’s work to improve public health in the mid-19th century to the most recent developments in the fields of machine learning and artificial intelligence.
Though I’d found some interesting anecdotes and instructive examples, it felt that something was still missing. Like the answer to the original question. Maybe I needed to ask some different questions that would yield more useful answers such as: What are the essential tools that 21st century analysts should have in their toolbox? Where did they come from? What was the thinking behind them? And ultimately, why do they matter — today?
There’s no shortage of data and information. It’s everywhere. But how can you make data useful in order to make better decisions? That’s the hard part.
There are several key metrics that distributors should track in order to improve their businesses. Following are three of these metrics, with examples of reports that Dimensional Insight has developed for our wine and spirits distributors so that they can be easily accessed and analyzed. (more…)
With wildfires, climate change and overcrowding in California, Oregon — and most notably Pinot Noir — is having a moment.
Oregon ranks third as the largest wine producer in the United States, behind California and Washington.
From 2016 to 2017, Oregon added 88 vineyards, totaling 1,144 wineries. The total planted acres of grapes for wine increased by 3,000, or 10.5%, from 30,435 to 33,361.
California, of course, will always remain the dominant wine producer, but with its wildfires putting some wineries out of production for five years or more, Oregon is having its chance to shine.
Healthcare spending in the United States is now $3.5 trillion, or nearly $11,000 per person. While hospital care and physician services comprise the bulk of that cost, pharmaceutical prices are responsible for 10% of the total cost – to the tune of $333.4 billion or more than $1,000 per capita.
When we talk about ways to reduce healthcare spending, finding ways to reduce pharmaceutical prices is always a top priority. Why is this such a hot button issue? What steps are being taken? How can data and analytics help? Let’s examine in this week’s “Hot Topic” blog post.
You only get one chance to make a first impression. Sound advice for socialization, sure, but it can also apply to the world of higher ed. (Beyond the chats at the water cooler, that is.) It is advice that might be heeded during a professor’s first class of the semester…or maybe even the first few minutes of every lesson that professor is teaching.
But it can also be applicable to the technology an institution of higher education is using. Many colleges and universities are increasingly using data for a number of purposes – to increase retention, to identify and help struggling students, or to make processes more efficient, to name just a few. A data dashboard can help or hinder the analytics process. It is the first impression a user gets with the data, and if it is too clumsy to navigate, a user might not come back to work with the data in a meaningful way. If it is easy to use, it could benefit everyone in the community. Here is some advice about how to find success with dashboards, and what makes a good dashboard in the first place. (more…)
Every election cycle it seems there’s another state that has legalizing marijuana on the ballot. As more states legalize recreational cannabinoids, legislators and alcohol producers are tussling over cannabis-infused alcohol.
Recreational cannabis is currently legal in 10 states and the District of Columbia, while a further 13 states have decriminalized possession. California ranks as the largest legal market, where the market research firm BDS Analytics reported that $2.51 billion worth of cannabis was sold in 2018.
When legalized marijuana started to gain popularity, some wine and spirits producers feared it would hurt alcohol sales. However, others have found that they can take advantage of new laws and are finding ways that cannabis can complement their wine sales. Let’s take a look.
A hospital’s surgery department is often its biggest driver of revenue. As such, it’s important that surgical procedures start and end on time and are appropriately staffed. It’s also important that surgical rooms are turned around quickly and that surgery departments are minimally impacted by unexpected procedures.
Many surgery departments aren’t running at peak efficiency, but hospital administration is unclear as to the drivers of inefficiency. How can administrators better understand how to optimize the performance of their surgery departments? Here’s a look at some challenges and how surgery analytics can help.
DIUC19 is just 30 days away, and we are excited that this year we are celebrating the 30th anniversary of Dimensional Insight! While we are making final preparations for our sessions and activities, we hope you are making final preparations by booking your flights and hotel rooms.
Are you still on the fence on attending? Or have you already registered but are looking for things to do in Boston? We made a list of 30 can’t miss destinations and attractions to see throughout the city for you to enjoy whether you’re arriving in Boston a few days early or extending your stay through the weekend.
The experience of buying wine and spirits is no longer limited to the liquor store. Consumers can buy almost anything online, but for years the alcohol industry was slow to transition sales online because of strict state laws.
As the laws are relaxing and online is more dominant than ever, the transition to selling online has happened and is growing rapidly. Let’s examine this trend and how alcohol suppliers can take advantage of it.
Around 2004, the term “Web 2.0” began to take off as a way of describing a foundational shift in the way that users interacted with the Internet. Web 1.0 describes the static interface of the 1990s with its lack of interoperability and sites mostly connected by hyperlinks. This was turned on its head with the rise of sites that were interoperable, easy-to-use, and promoted user content. This transformation, in conjunction with hardware changes like 2005’s iPhone, stimulated the growth of social media sites and apps. (more…)
Has your organization strengthened their core with the help of our consulting team? Does your team feel more confident with how they use their data? If so, you are probably familiar with our very own Nishtha Adroja.
Nishtha is a consultant here at our Burlington headquarters. In today’s employee spotlight, she reflects on her career beginnings, offering advice to aspiring consultants and shares the importance of bringing care back into healthcare. (more…)
Many colleges and universities are using higher ed analytics in one form or another, as they figure out how to best improve student performance or the school’s bottom line. For the most part, this is an individual venture on the part of the school, figuring out what data it can use to make a difference on its campus.
The United Kingdom is working on a different approach. It has spent the past year using a national learning analytics service. Institutions in England, Scotland, Wales, and Northern Ireland pool their resources and have opportunities to learn together about how to best use learning analytics. Here’s what collaboration around learning analytics through a diverse group of schools looks like.
Craft distilleries are popping up across the country. The 1,835 distilleries that now exist is a growth of 15.5% from 2017 to 2018, which is substantial and catapulting the industry out of a “niche” category.
As time goes by, we find ourselves exhibiting three behaviors: collecting, letting go, and welcoming change. It’s easy to become a collector and tuck away objects without realizing the inevitable cluttered chaos that will slowly emerge into our lives. We do it at home with knick-knacks that we stuff in our kitchen drawers, and we also do it at work with data that collects and never gets used. Whatever it is that you’re collecting, at some point you recognize that there is simply too much of it and it’s finally time to part ways.
In the Netflix show, “Tidying Up with Marie Kondo,” decluttering professional Marie Kondo talks about the KonMari method of cleansing. She encourages tidy hopefuls to keep “only those things that speak to the heart.” In other words, one should strive to become more mindful as to what they invest their time and dollars into and that we must truly re-think what we welcome into our living spaces. So how can you cleanse and reorganize your organization? Here’s how your team can use the six KonMari rules to tidy up your data.
With many colleges and universities considering expansion – new buildings, bigger spaces – they are increasingly turning to data analytics for their real estate needs. They are also considering how to balance the needs of a physical university with student demands for virtual learning.
I recently attended the European University Information Systems (EUNIS) 2019 Annual Congress in Norway, in which the discussion of university real estate featured prominently. Here are some of my takeaways from the event.
Consumers are looking for authentic experiences that match their values, and family-owned wineries are delivering. Let’s take a look.
The price of healthcare. It’s a hot-button issue for many Americans, and a costly one too. Statistics from the Commonwealth Fund show Americans pay a median of $3,700 each year in premium contributions and out-of-pocket healthcare expenses combined.
With the cost of healthcare so high, consumers should be able to make meaningful decisions about their care and the prices they are willing to pay. But the current system doesn’t allow for much price transparency. There are now many efforts to change that. Let’s examine in this week’s “Hot Topic” blog post. (more…)
Often the conversation about higher education starts at the college level. But there are many lessons that colleges and universities can learn from the elementary and high school models when it comes to building a successful program.
As far as student success, that groundwork could be laid as early as pre-Kindergarten. In his book, How Schools Work: An Inside Account of Failure and Success from One of the Nation’s Longest-Serving Secretaries of Education, Arne Duncan makes the case that schools need to shift from their current K-12 model to a PK-14 model to best keep up with a twenty-first-century economy, and they also need to make more data-driven decisions. Here are some of the takeaways from his book.
For some wineries, farming organically has always been a way of life, but others are adding organic wine to their portfolio to keep up with consumer demand.
In fact, more than 1 billion bottles of organic wine are set to be consumed around the world in 2019. While it still only accounts for 3.6% of all consumption, that number is expected to continue to grow by 2022.
The organic wine segment has been growing over the past few years, as consumers are focused more on what they eat and drink.
In the world of value-based reimbursement, health system CFOs are finding it harder and harder to deny the cost-saving and quality improvement opportunities of health IT outsourcing. According to a Zion Market Research, this market is expected to reach $73 billion by 2024 with a CAGR of 6.5%.
Along with value-based incentives to drive down costs, the health IT outsourcing market will be driven by a widespread lack of IT infrastructure and trained professionals in the healthcare space. Let’s take a look at the benefits, process, and challenges facing this growing industry.
In recent years, sophisticated technology has had a huge impact on the practices of most healthcare professionals. Gone are the days of racks full of patient record folders in a doctor’s office. Electronic health records (EHRs) have replaced paper records in most medical environments.
However, adaptation and acceptance of technology in healthcare has been fraught with difficulty. Some of this is due to fear of change from older personnel, but most is due to the sheer volume of data collected over years, especially as the systems mature. Let’s examine.
Colleges and universities are using data in ever-growing ways. They analyze data in order to figure out which programs are doing well or whether new programs need to be added. They then examine the data to identify past patterns that might help predict what will happen next. And the data is increasingly being put to work in the field of artificial intelligence.
The use of artificial intelligence in U.S. education is predicted to grow by almost 50% over the next few years. Its uses range from the immediate and practical to the aspirational. Let’s take a look at how schools are using data in the field of AI, both directly with students and for administrative purposes on the back end, as well as the challenges the technology can present.
A perfect day for any wine lover can range from drinking wine on the front porch, to sharing a homemade dinner with friends while sipping on a Malbec, to grabbing wine in a can and bringing it to the beach.
With the price-per-glass in a restaurant of a single glass of wine ranging from $9 to $16, it’s no surprise that more than 80% of all wine consumption is happening “off premises,” according to LEK Insights. Drinking at home is an increasing trend in wine and spirits and it’s impacting how suppliers should think about doing business. Let’s take a look. (more…)
The annual Wisdom of Crowds® Business Intelligence Market Study by Dresner Advisory Services is out, and, as always, it is chock full of information on the status of business intelligence today.
Curious about the state of data, how successful organizations are with business intelligence, and how different vendors are rated by users? Let’s examine the top takeaways from the report. (more…)
They say you can’t replace the human touch, but many believe artificial intelligence (AI) is learning just how.
In Deep Medicine: How Artificial Intelligence Can Make Healthcare Human Again, Eric Topol examines AI’s role in healthcare and how we may be welcoming a new group of colleagues sooner than we think. Let’s take a look at “Deep Medicine” in today’s Dimensional Insight book club review. (more…)
Recent news from the world of higher education has been a real mixed bag. There was the feel-good story from Morehouse College, where billionaire tech investor Robert F. Smith shocked everyone with the surprise pledge in his graduation speech to pay the student debt of that school’s class of 2019.
The month before, the news was more sordid, as high-profile celebrities became the public face of a college admissions scandal. The two stories seem starkly different at first glance, but what they have in common is the fact that they shed light on the economic situations faced by students and families when it comes to higher education. These are the types of situations that colleges and universities are using data to try and manage.
Technology continues to rapidly change almost every industry, with no exception to wine and spirits.
From high-flying drones above the vineyards to smart phones scanning wine labels, technology is improving your latest glass of red. Let’s examine how wineries are using technology to produce better products and provide a better customer experience. (more…)
Imagine driving up to the McDonald’s of the future: the screen at the drive-thru greets you by name – “Hello, Kathy” – and asks if you want your usual order. It would know I usually order a double cheeseburger and small fries, no drink. But on an unusually cold day, it would offer me a hot coffee (cream, no sugar), because it knows I would go for that. It also knows what items other customers are ordering, and it may offer me a trending item to see if I’d try it.
Does this future vision of McDonald’s excite you or terrify you? And would that opinion change if it wasn’t McDonald’s customizing your ordering experience, but an airline tracking your movements with facial recognition? Businesses have mountains of customer data at their fingertips, and now they’re starting to use it in myriad ways that are not only personalizing the customer experience, but are also raising privacy concerns. Let’s take a look in today’s “Hot Topic” blog post. (more…)
What will healthcare look like in 2025? How about in the years beyond? What are the priorities for healthcare organizations in the next several years?
A look at the future of healthcare took center stage at the recent ACHE of Massachusetts Spring Conference. And despite all the challenges in healthcare today, the speakers at the conference are hopeful we will be able to tackle some big issues in the years ahead. Here’s a look at what we can expect and what we hope will happen by 2025. (more…)