Analytics help organizations across industries make decisions with confidence, but how can it really impact the healthcare industry? Analytics services have the potential to help healthcare professionals address the challenges facing the industry, including:
- Optimizing Scheduling and Supply Orders
Staffing and supplies represent the largest expense for Hospitals, but through predictive analytics, we can help healthcare providers reduce supply chain costs and optimize schedules to improve procedure efficiency and ensure correct reimbursement.
- Attracting and Retaining Patients
As commercial and government payers continue to reduce reimbursement rates and shift to value rather than fee for service, hospitals need to treat a larger volume of patients to break even. We recommend hospitals draw upon consumer engagement and retention analytical strategies that have been used in retail and other industries to better understand, attract and retain patients. Our experience will help you segment and attract patients and keep the ones you already have.
- Early Chronic Health Detection
Chronic health conditions account for 86% of total healthcare costs, and many of these conditions are preventable. Our analytical strategies can enhance wellness programs by identifying people at higher risk of acquiring a chronic health condition before symptoms appear. This allows for intervention before the onset of conditions like diabetes, improving quality of life and containing costs.
Our analytics team leverages the wealth of data healthcare providers have available to deliver innovative analytical solutions to face these challenges. In fact we can help you become an Analytics Centered Enterprise (ACE™). Contact us today to learn more about how your data can work for you.