by Angela Guess
Nicole Lewis if Information week reports, “During the next five years, healthcare delivery organizations will either gain a competitive advantage or lose ground based on their ability to make the best use of their data, concludes a report from CSC Global Institute for Emerging Healthcare Practices. The report, Transforming Healthcare Through Better Use of Data, states that while healthcare providers need to become more data driven to improve care, reduce costs, and optimize performance, many have not established practices and procedures that will allow them to take advantage of the information they have.”
Lewis quotes the report: “Hospitals and health systems have more reasons–and more incentives–than ever to become data-driven. Increasingly they are being expected to take on more responsibility for improving the quality and safety of care for patients, improving care outcomes, and tackling healthcare cost inflation… Not every provider organization and independent practitioner has the resources, scale, or expertise to launch their own data warehousing and analytics program. But large and medium-sized institutions should be able to assemble a compelling business case. The winners in the coming age will be the organizations that use larger, faster, and more disparate data sets to generate a competitive advantage.”
