Integrating BI and analytics top priority for healthcare providers

|October 16, 2015 0
Image courtesy of hywards at freedigitalphotos.net

BANGALORE, INDIA: Implementation of and utilization of business intelligence (BI) and analytics platforms result in better decision-making across all segments of a healthcare organization, confirms a new study by Qlik.

BI and analytics platforms provide better internal transparency for easy recognition of clinical and operational efficiency which can lead to reduction in the average length of stay and higher patient satisfaction.

According to the study, 56 percent of healthcare organizations that are the early adopters of BI platforms improve overall patient care, significantly reduce healthcare costs, while meeting reporting requirements and driving new opportunities to enhance population health.

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In addition, 48 percent have confirmed they are able to make faster and more accurate decisions, while 47 percent believe the use of BI and analytics platforms result in cost saving.

Overcoming Challenges

Among the top barrier to healthcare organizations fully realizing the potential of BI and analytics platforms (with 42 percent responding) is end-user adoption. When combining the lack of data quality (41 percent) and challenges related to aggregating disparate data sources (27 percent), decision-makers are left relying on outdated spreadsheets and manual processes to analyze data.

In addition, limitations of clinical workflow integration (29 percent), dashboard capabilities (27 percent), reporting capabilities (26 percent), cultural resistance (22 percent) and solution integration (20 percent) all contributed.

“With 42 percent of those surveyed reporting that a hiccup in leveraging BI and analytics platforms is end-user adoption, it is imperative that healthcare organizations implement a system that is user-centric and has the ability to provide quick access, analysis and dissemination of information,” said John Hoyt, executive vice president HIMSS Analytics.

Unlocking Further Value from BI and Analytic Deployments

As the value of BI and analytics tools become more widely understood among decision makers, healthcare organizations are seeking investments that unlock additional value.

Integrating BI and analytics solutions with existing applications and systems is a top investment priority with 36 percent of respondents citing further investment during the next 12-24 months.

Dashboard development and predictive analytics were two other top investment priorities with 36 percent and 31 percent, respectively.

Interestingly, end-user training was cited as an investment priority by 18 percent of respondents.

 

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