Healthcare Consolidation: What to Watch For in 2018

Healthcare Consolidation: What to Watch For in 2018Healthcare consolidation is on a tear, with several massive deals at the end of 2017, including CVS-Aetna and UnitedHealth Group buying one of the largest U.S. physician groups. Hospitals are merging in ever-larger deals, creating multi-state powerhouses. The number of U.S. hospitals that are part of a system rose nearly 20% between 2006 and 2016, according to the American Hospital Association (AHA).

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Healthcare companies also are forging creative alliances, with some of the industry’s biggest investments now happening outside the traditional hospital setting. Here are three trends to watch in 2018 and what they might mean for healthcare analytics.

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The Future of Data and Analytics in Healthcare

Physician working with data2017 was quite an eventful year in the healthcare industry. There was a lot of discussion about technological innovation, such as artificial intelligence and blockchain, and the impact this technology could have on healthcare. In addition, this year was marked by attempts to repeal the Affordable Care Act, as well as discussion around and implementation of new forms of payment in healthcare such as value-based care models.

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What will 2018 bring in healthcare? Will providers be able to take advantage of predictive analytics? How will data and analytics impact healthcare’s ability to measure population health? How will providers gain more trust in their data? Here are some of my thoughts on the future role of data and analytics in healthcare. (more…)

Four Lessons from Florence Nightingale, the Mother of HC Analytics

Florence Nightingale - mother of modern healthcare analyticsHealthcare analytics. Data visualization. Population health. Buzz continues to build around these terms as we look ahead to 2018. But looking back, we find a surprising figure at the root of all three: Florence Nightingale.

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Florence Nightingale, the mother of modern nursing, was also arguably the mother of healthcare analytics. She was a trailblazer in using statistics to identify preventable conditions that affect mortality and a master of data visualization. Her story has powerful lessons for today’s analysts. Here are four. (more…)

How Will Artificial Intelligence and Machine Learning Impact Healthcare?

2017 has been a year filled with technological innovation, especially with the emergence of blockchain technology and bitcoin. Additionally, there’s been a lot of talk about artificial intelligence and machine learning. Although these technologies are described as impactful as the Internet, there are fears about their full integration into society.

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For those in healthcare, it’s worth evaluating and strategizing the implementation of artificial intelligence and machine learning into facilities to drive patient outcomes, improve productivity and efficiency, and reduce costs. Here are some things to consider. (more…)

How Analytics and Technology Can Reduce Physician Burnout

Did you know that doctors spend nearly six hours a day on EHR-related tasks – 4.5 hours in the office and about two additional hours outside the office? (Source: Healthcare DIVE) This growing burden along with increased workflow results in clinician burnout and, in some cases, ultimately physician suicides.

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This is one of the many unique challenges in healthcare today, as the current rate of physician burnout has been and continues to be an issue. According to the AMA, emergency medicine physicians have the highest rates of burnout at 60% in 2017, followed by OB/GYN and family medicine. And it is only getting worse, unless those in the healthcare industry intervene. I spoke with Nora Lissy, Dimensional Insight’s director of healthcare information, and Julie Lamoureux, senior healthcare consultant about this issue. They share their insights on the physician burnout challenge and how technology and analytics can work to reduce it. (more…)

3 Lessons in Implementing Healthcare Data Governance

Do you ever procrastinate or delay doing something you know is good for you? Of course, you do. We all do. It appears healthcare organizations do, too, when it comes to instituting data governance. A recent survey finds many hospitals are struggling to implement such systems.

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But just as a nudge from a friend can help us conquer personal procrastination, organizations that are stalled can learn from peers. Today we look at lessons from Covenant Healthcare, a healthcare system that recently set up its data governance. (more…)

National Health IT Week: A Salute to Healthcare IT

Salute to Healthcare ITSince this is National Health IT Week, we’d like to celebrate the role of health IT in healthcare delivery and recognize all who work in the field, whether at the institutional or vendor level. Health IT has played a major role in the transformation of healthcare delivery, from the introduction of the electronic medical record (EMR) under the Obama administration, to today, when it allows organizations to view data and generate actionable reports to improve outcomes and efficiency.

 

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Survey Says: Hospitals Struggle with Data Governance

survey hospitals data governanceData integrity. It – or a lack thereof – can make or break a business intelligence implementation. How can analysts make better decisions when there’s no consistency between data definitions across different departments and data sources?

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Many hospitals are turning to data governance processes to help them manage their assets and ensure consistency between data. However, as a recent Dimensional Insight survey found, healthcare organizations are struggling to implement data governance. What are their most pressing concerns and challenges? Following are a few highlights from the survey. (more…)

What to Consider as You’re Starting to Measure Population Health

Take any population – any group of people. Let’s say you have a group of healthcare professionals in one room. They have in common their area of work. But if you were to ask that group of people what “population” they belong to, you might get a variety of different answers. Red Sox fans, for instance – or Cubs fans. Or something else entirely, such as gender, age, residency, political leanings, etc.

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That’s the thing with populations. There are myriad ways to define them. Sometimes they are easy to define, but most times they are not. There is a lot of overlap in populations, especially when it comes to the healthcare environment. In this blog post, we’ll talk about some of the biggest challenges when it comes to dealing with populations within the healthcare environment – what’s known as population health management. We’ll also look at some examples of how you can use population health information and apply it to solve real-life problems. (more…)

Congratulations to our Most Wired Customers

Congratulations to Dimensional Insight customers who were named the Most WiredHospitals & Health Networks (H&HN) magazine recently announced its 19th annual Most Wired survey honorees, and I’m happy to report that several of our customers made the list! Congratulations to our 20 healthcare customers that were honored.

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The annual Most Wired survey measures the level of IT adoption within hospitals and health systems. In addition to providing a list of hospitals and health systems that meet the criteria, H&HN also provides some interesting data with the survey. Here are a couple of points that stood out. (more…)