The Healthcare Information Challenge
To achieve excellence, organizations must have fast and reliable access to all types of information: patient care, physician productivity, cost drivers, capacity planning, finance, human resources, facilities, regulations, research and more.
While providers, payers, pharma companies, research organizations, and others use various data sources and systems and may be profit- or contribution-margin driven, they share common goals and problems.
Information Management Goals
- Implement modern Analytics and EPM systems
- Adopt technology advancements
- Harness the data explosion
- ACA policy changes
- Managing costs
- Provider shortages
- Reimbursement changes
- Consolidation, M&A
- Savvy consumers
All seek to get data into a manageable format to provide better care and generate better decisions.
For example, being able to identify true cost or fully allocated cost is becoming increasingly important as reimbursements are transitioning to a value-based focus.
Furthermore, the changing practice of medicine, telemedicine, mobility and Cloud, wearables and IoT, AI, Big Data and other disruptions magnify the need for enabling technologies.