The value of analytics in healthcare From insights to outcomes
IBM Institute for Business Value Healthcare
Healthcare organizations around the world are challenged by pressures to reduce costs, improve coordination and outcomes, provide more with less and be more patient centric. Yet, at the same time, evidence is mounting that the industry is increasingly challenged by entrenched inefficiencies and suboptimal clinical outcomes. Building analytics competency can help these organizations harness “big data” to create actionable insights, set their future vision, improve outcomes and reduce time to value.
This immense complexity confronting the healthcare industry will require smarter, more informed decisions to enable the improved outcomes and better value required by market dynamics, increasing governmental regulation, and today’s more demanding consumers.
Analytics can provide the mechanism to sort through this torrent of complexity and data, and help healthcare organizations deliver on these demands.