November 21, 2013
The healthcare industry is experiencing a data-driven renaissance. In the U.S., organizations are responding to changes in regulatory policy brought on by the enactment of the Patient Protection and Affordable Care Act (PPACA), which requires new types of data gathering, performance metrics, and analysis. Major shifts in patient demographics, patient expectations, and the business ecosystem are also increasing demand for better data access and analysis. Business intelligence, data discovery, and analytics are becoming vital to reaching objectives for improving clinical, financial, and operational functions.
Updated BI and data discovery tools enable a broader spectrum of healthcare managers and practitioners to analyze data for clues about how to reduce readmissions, improve quality of care, employ evidence-based medical insights, and more. The steps in this Checklist Report will help healthcare provider organizations develop strategies for employing BI, data discovery, and analytics tools and technologies so they can shorten the time to insight and use data effectively when making decisions.