Business Intelligence For Health Care Industry

The health care industry today emerges as the world’s most promising and rapidly expanding industry. Be it people-centered or patient-centered, health care today comes of age. Integrated services spanning both these kinds of care using the correct medical equipment and health services take this industry into a different domain altogether. And when business intelligence joins hands with the health care industry, the possibilities are innumerable.

BI_Healthcare

Business intelligence puts business data into a perspective. The gap between data collected and the usable data widens if unchecked. BI is an intelligent and efficient method of putting information technology to use for obtaining, recognizing and scrutinizing business data. It structures and curates the data meaningfully providing current scenarios and predicted situations of the business in question. To fulfill its task to become a robust and complete DSS or decision support system, a BI functions to consolidate an entire enterprise data warehouse (EDW) complete with insightful retrieval and systematic data management.

Chief Functions Of BI tools

The Enterprise Data Warehouse As A Clinical Data Warehouse

An integration of pure sciences culminates as a need of the day. Healthcare organizations are on the brink of revolutionizing the use of data and technology to narrow the gap between data created and data actually put to use. To suit the requirements on this very new front, technology adapts to the needs of biology and human sciences to offer BI tools for

  • Data management in Health care
  • Medical practices workflows
  • Hospital data management
  • Patient Relationship management as a refinement to Customer Relation Management (CRM)
  • Research data management
  • Monitor health and safety regulations
  • Offer an analysis of data from various perspectives like
    • Clinical
    • Financial
    • Quality
    • Cost
    • Patient Experience

The enterprise data warehouse (EDW) transforms into a clinical data warehouse capturing data from various sources like electronic health records (EHR) systems. the financial systems, patient feedbacks and external data sources from the different hierarchies of government and local bodies.

The purpose of a clinical data warehouse is to improve reporting and processing efficiency in Healthcare Data Governance, Healthcare Master Data Management, and Healthcare Centralized Data Environments. It strives to roll out a scalable reporting process from a non-redundant and consistent single data source. It sets out as a single stop for reliable healthcare analytics. It also becomes a crusader for a data governance program to define the ways data can be used, its security and storage policies itself. These automatically confirm to offering assurance of quality in the workflows and data itself.

Business Intelligence is a concept that can be put to use for almost any area of work. Health care organizations too tap into the potentials of this idea and reap benefits in terms of time and finances by smart implementations of BI tools and remain at the forefront of this very essential industry which catches the attention of the biz world of late.

Author: SPEC INDIA


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