Healthcare Business Intelligence & Analytics – A Dose of Wellness

As the healthcare industry moves to the next level of offerings, data captured coupled with business intelligence & data analytics provides innovative solutions for this very dynamic industry relying heavily on contemporary techniques like mobile technologies, the Cloud and the IoT. Special solutions to cater to mobile device management for healthcare to gain growing importance.

The need for cost optimizations all across, the requirements to gain insights into the very detailed parameters related to treatment plans and the administrative efforts to co-ordinate and keep these in sync is managed by Healthcare Business Intelligence solutions.

Healthcare Business Analytics

Data in Healthcare – Reports From The Experts

A Gartner report from 2014 stated that data complexity is typically high in healthcare systems, and BI strategy becomes a critical flaw if not planned properly.

Frost & Sullivan also estimated back in 2010 that hospitals or other medical centers for treatment effectively hold 1 TB plus data, and this number is likely to grow by 40 times come 2020

Adoption Of BI & Analytics All Around The Globe

Leading Healthcare facilities make Big Data, BI & Analytics a part of their workflows. Specialized healthcare business intelligence ensures that the health industry receives and reviews data captured, consistency in a trusted mode. The reporting process covering patient health, economic parameters, administration & compliance records becomes scalable, flexible and efficient, generating critical information at the right time.

Hospitals, health centers, and other facilities leverage remarkable improvement with targets not just for clinical departments, but for technical, quality and financial teams as well. All this of course after generating vital information for improvisations inpatient care & research to combat critical diseases.

The medical industry comprehends the importance of Key Performance Indicators over the years, not just for patient care, but also to have a 360-degree view of data at all times. Dynamic dashboards represent patient & treatment data, details of disease patterns, administrative data, as well as individual performances of employees.

The overall operational efficiency in terms of combating diseases & epidemics with insightful predictions; catering better patient experiences, both on-premise and after discharge; follow-ups and feedback receive a boost with healthcare business intelligence.

Healthcare Analytics Platform Workflow

Data Capture

Data Capture For Healthcare Business Intelligence

Deployment of sensors results in improved care, easy generation of on-the-go patient data, reduced monitoring cost, increased remote monitoring feasibility & generation of accurate data for personalized medicinal care.

In the healthcare industry, beacons are deployed to take the patient experience to the next level. Beacons, iBeacons and other low-cost proximity-based devices making their mark on patrons across industries are also instrumental in the critical data capture across hospitals, clinics & healthcare centers. Patient monitoring both on-premise or at home becomes much easier with constant & accurate readings of critical parameters when coupled with appropriate apps on mobile devices.

Beacons In Healthcare

Capture

Generating Actionable Information With Healthcare Analytics

Healthcare Analytics tools leveraged with accurate and appropriately timed data in sync with industry requirements generate valuable information. Information could be of different flavors for use by either clinicians, doctors, researchers or patients.

Actionable Information Approaches For Healthcare

Action in healthcare

Business Intelligence For Hospitals

  • Projecting Expected Volume Of Patients

Estimation or prediction of patient volume based on trend analysis which is further sliced and diced based on weather & seasonal epidemics based cases.

BI tools check patient wait time for consulting or in-queue time for the emergency room to facilitate faster actions & improved patient experiences.

  • Performance Analysis

Automated monitoring of on-goings yields insightful information related to the performances of doctors, paramedics, and nurses. With the managers in continuous sync, the efficiencies of this workforce are always under the radar with the aim to improve.

  • Predicting Staffing

Staffing requirements and deployment can be better predicted with healthcare business intelligence with logical deductions from the patient volume trends.

If the hospital relies on third parties, such as nursing agencies, the corresponding expense tracking, and staff utilization is effectively tracked, and the actionable information be used to determine future contract viabilities.

  • Keeping Inventory Up To Date

Detailed inventory information on in-store medicines, instruments, and other required articles to co-ordinate a better supply chain is facilitated by insights from Analytics.

Visibilities generated for specific types of illness and correlations to patient volume predictions help consolidate the supply chain better.

  • For Patients

Patients are offered the best of services in terms of health check-up tips and guidance for preventive measures. Impeccable patient experiences are possible with prompts from Healthcare Analytics when in the healthcare center or the hospital.

Easy syncing with their own mobile devices in an anytime-anywhere format, makes remote access and homecare easy for the users guided by the information from prudent Analytics.

  • For Research

Continuous data capture from a diverse population makes the research more dependable. Accuracy of data captured and their interpretations become much higher with close coupling of devices with healthcare business intelligence solutions.

  • Ensuring Data Privacy

Electronic health records, sensors, beacons & related devices are capturing several TB of data on a daily basis now. Healthcare organizations use this data for the benefit and welfare of patients with due adherence to data privacy & protection norms.

Norms like the HIPAA, Health Insurance Portability & Accountability Act of 1996; provide data privacy & provisions for security to ensure the medical information is safeguarded. Specifically, HIPAA Title II directs US healthcare departments to follow certain national standards to process electronic healthcare transactions.

Privacy regulations and secure access to electronic health data are requisites that healthcare organizations need to implement under the specific norms laid out for data security and privacy.

Benefits Of Healthcare Data Analytics

  • Easy Healthcare information exchange between stakeholders
  • Ease of Handling Big data and integration with Analytics
  • Emergency care and Preventive Care become prompt & relevant
  • Data clarity, transparency, and safety is assured
SPEC INDIA For Technology In Healthcare

Keeping pace with technology, SPEC INDIA invests in research for new technologies introduced for this niche industry. SPEC INDIA studies BI techniques adopted by hospitals across the world to assist the adoption of healthcare business intelligence solutions in the most practical ways of integrating virtual healthcare with life & technology.

Author: SPEC INDIA


less words, more information

Tech
IN 200
words

Read our microblogs

Subscribe Now For Fresh Content

Loading

Guest Contribution

We are looking for industry experts to contribute to our blog section through fresh and innovative content.

Write For Us

Our Portfolio

Proven Solutions Across Industries
Technology for Real-Life

Visit Our Portfolio