While early-adopting healthcare organizations are seeing strategic value by leveraging predictive analytics to inform their plans and programs, most providers are only in the initial phases of implementation.
“The question in healthcare now is how to budget and manage care with the proliferation of new data,” said Scott Allister, senior manager of health analytics with Accenture. “What do we do about it?”
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Allister said the value of predictive analytics for providers is becoming more apparent every day. Providers are exploring multiple uses for analytics, he added, such as “how you work with analytics, including how you can manage medication, how you can set up your infrastructure, how you can govern your data in specific ways, and how you manage the culture of the enterprise.”
The transition to a service informed by predictive analytics, however, is not always easy. Organizational silos must be broken down, and new ways of decisionmaking enacted.
“This is a journey,” Allister said.
Among the hospitals making great strides in adoption of analytics, Allister said, is Presbyterian Healthcare Services in Albuquerque, New Mexico, a private, nonprofit healthcare system with eight hospitals, a statewide health plan and a multi-specialty medical group.
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Allister, along with Soyal Momin, vice president of analytics at Presbyterian Healthcare Services, will show how Presbyterian has moved toward an integrated system in a presentation at HIMSS16, which kicks off in late February.
Their talk, “Data and Analytics Done Right: Driving Value Creation” will examine how the healthcare provider recognized the need to optimize the growing amounts of electronic data that it was capturing, and thus sought a data and analytics transformation strategy.
Among the points covered in the talk will be how to recognize the changing data and analytics requirements faced by healthcare providers with health plans, as well and assessing the benefits an end-to-end data and analytics transformation can deliver.
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Allister said that Presbyterian so far has overcome many of the barriers often facing providers as they adopt an analytics strategy.
“They recognized the problems of really getting value out of data,” he said. “A lot of organizations have plans, but Presbyterian stuck to it and they are starting to show some important results.”
The session “Data and Analytics Done Right: Driving Value Creation,” is scheduled to take place on March 2, from 10-11 a.m. in the Sands Expo Convention Center Marcello 4401.
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This story is part of our ongoing coverage of the HIMSS16 conference. Follow our live blog for real-time updates, and visit Destination HIMSS16 for a full rundown of our reporting from the show. For a selection of some of the best social media posts of the show, visit our Trending at #HIMSS16 hub.
