When you’re buying healthcare analytics, one of the first steps is to go out and research potential vendors and products, and learn as much as you can about each one. Unfortunately, though, during this process, you often come across a lot of information that’s presented as fact, but isn’t necessarily so. It’s hard to become the superhero of your analytics project when you have to wade through so much misinformation.
In this blog series, we are taking some of the biggest myths about healthcare analytics and debunking them. In post #1, we talked about how you really don’t need a data warehouse to do analytics correctly. In this post, we’ll tackle myth #2. Don your cape and superhero mask and let’s take a look…
“I can just use the analytics in my EHR”
Have you heard that specific operational, clinical, or financial solutions are extremely adept at analyzing and reporting data from within their specific domains?
Sorry to say, this isn’t always true.
While it might seem convenient to have analytics built into your EHR, the truth is that it will only allow you to analyze that specific data. And analytics is so much more valuable when you can bring together data elements from different sources to see the whole picture.
Add to this the often poor visualization capabilities, large data warehouse requirements, and the need to invest in expensive data lifecycle management tools when you do want to integrate or view data. That’s a big time and money investment that you probably don’t have.
So what should you look for instead in a healthcare analytics solution? Read our new white paper, “5 Healthcare Analytics Myths Busted!” to find out what you should focus on when buying healthcare analytics.
Also be sure to tune in to the rest of our blog series to uncover the other healthcare analytics myths.
- Myth #1: “I Need a Data Warehouse”
- Myth #2: “I Can Use the Analytics in My EHR”
- Myth #3: I Need to Know All My Goals at the Outset