The Power of Analytics 2.0: Improving Patient Care, Reducing Costs

D riven by changing reimbursement models, the rapidly changing science of medicine and increasing competitive pressures on health systems, enterprise-level analytics is critical for healthcare organizations. Historically, health systems have approached analytics primarily from an incremental, retrospective and operational-siloed approach. This approach, " Analytics 1.0, " has historically labored under several constraining factors, such as inadequate electronic source data (too many manual processes), source data limited to transactional silos (data constrained departmentally) and a focus on the use of analytics to merely satisfy external reporting requirements, versus higher order predictive analyses. Solutions designed for the " Analytics 1.0 " environment often followed these limitations, either as manual spreadsheet/database solutions, or niche solutions narrowly focused on operational needs.