Solutions for the Health Industry

"What you see is what you get" describes what we are quickly realizing to be the good old days of healthcare, except it was more likely "what you see is what you got"—particularly with the typical healthcare analytics model which traditionally presented a retrospective view of any data set. While we'd like to think those days are behind us and that we are so much "smarter" today with our mobile phones perpetually within our reach, there is an opportunity to smarten our industry world view with rapid-fire, interactive access to informative healthcare analytics.

Healthcare IT spending will exceed $34 billion in North America this year, driven by regulatory requirements and spread across several areas including analytics¹. Similarly, Manhattan Research indicated early in 2014 that smart phone adoption among physicians has increased to the low- to mid-80s to in the U.S.² These concurrent trends are the first domino in a chain of emerging events that have begun to shift the industry with an unstoppable force. The primary challenge resides not in our resistance to change or adoption of new technology, but in our ability to leverage the resulting information to drive sustainable change.

I have spent almost three decades in healthcare, and the better part of it, in this domain I call actionable intelligence. Recently, I polled my peers on the front line, both as consultants and as hospital provider leaders, what they perceive as the key barriers to establishing a culture of information-driven healthcare behaviors, the cornerstone of reform. Their feedback identified nine healthcare analytics trends: Costing, Clinical, Collaboration, Competency, Consolidation, Comparative, Consumable, Continuum and Concurrency.

Over the next several weeks, we'll discuss what we've termed The "C" Suite of Emerging Healthcare Analytics Trends. We'll discuss each "C" to help enlighten and prepare hospital leaders to more effectively use healthcare data to make informed, actionable daily decisions that affect change and begin to bend the curve.

¹, Diana Manos, Contributing writer, Healthcare IT News
², Brian Dolan, Mobile Health News

Tina Foster

About the author

Tina Foster, RN, BSN, MBA is vice president, Web2pro Business Advisor Consultants. This group of tenured professionals provides extensive coaching and transformation services for a broad portfolio of innovative web-based and enterprise, vendor-agnostic analytics and benchmarking solutions. Customers who engage with Web2pro Business Advisors have had success in managing population health and risk; advanced clinical and financial analytics; network capacity and throughput; and in improving regulatory compliance and quality outcomes. Tina is also a certified Black Belt in Six Sigma Process Excellence.