Healthcare analytics is evolving rapidly. In addition to using traditional business intelligence solutions, there is data flowing from hospital equipment, medical-grade wearables, and FitBits.
The business-related data and patient-related data, sometimes combined with outside data, enable hospitals to triage emergency care patients and treat patients more effectively, which is important. For example, in the U.S., Medicare and Medicaid are embracing “value-based care” which means hospitals are now being compensated for positive outcomes rather than on the number of services they provide, and they’re docked for “excessive” readmissions.
