Data-driven healthcare operations are transforming results

To Tom JamesHealthcare Cloud Services and Solutions Leader, Second watch
twitter: @ 2ndwatch

You don’t need another story to encourage you to “access the cloud.” This is old news for healthcare executives who have long understood the need to restart organizations in the digital age.

recently McKinsey Studies, 19 of the 22 healthcare leaders interviewed by the company, described digital healthcare solutions as “very relevant” or “relevant” to their business. They get it.

In fact, digital healthcare is already the smallest stake. According to BDO, 93% of health care organizations are already implementing or developing digital transformation strategies. 2021 Healthcare Digital Transformation Survey..

The COVID pandemic has actually accelerated these plans, despite causing massive turmoil around the world. BDO explained in its report that it has reached “warp speed” and that 60% of survey respondents have added new digital products as a result of the 2020 event. Meanwhile, 42% report accelerating some or all of their digital transformation initiatives.

Strategic CIOs, COOs, and other healthcare executives are already aware of the value and need of the cloud in many changes and innovations. Many cloud migration and modernization projects are underway, and many more have just begun, but far beyond the stage where the industry needs a “why cloud”. explained.

Instead, best-in-class industry leaders are approaching a new watershed moment away from the herd. These executives and their organizations can’t move much of their operations and data to the public cloud not only because it’s possible, but when they reach it, they can clearly improve their business and operations outcomes. Because you can. It’s all about the realization of profits.

These leaders share a focus on transforming their business with data and advanced analytics. Their heads are not in the clouds, so to speak. Rather, we are always thinking about how to leverage the technologies enabled by major cloud platforms to achieve data-driven operations and advanced analytics much faster than other methods.

They take advantage of increased accessibility in healthcare data lakes, AI and machine learning, and other technologies to rapidly transform data and improve their ability to identify trends and patterns in predictive analytics, and of course, of data. Compliance with security, governance, and regulation.

This is not without challenges, especially given the urgency behind these initiatives and the decisive importance of the basic mission of health care. CIOs and other leaders have budget constraints, integration issues (with older components of the technology stack), lack of qualified skills, security concerns, regulatory burdens, access to data and infrastructure, and readiness. , Continues to address key maintenance challenges.

These issues slow down the time to value realization. It also helps explain why many organizations aren’t going any further. For example, in a BDO survey, one in four (24%) said they were using advanced analytics, and only 4% were using machine learning or deep learning algorithms in their operations.

Therefore, we are approaching the turning point. Despite pushing digital transformation at full speed, healthcare leaders have great untapped opportunities. It’s just getting started.

However, healthcare organizations need help to seize these opportunities. The good news is that it’s there. Leaders can leverage external expertise and experience to speed up initiatives and use new tools and skills to shorten the learning curve of internal teams. Given the ubiquitous nature of today’s cloud-enabled digital healthcare, third-party experts bring tested solutions and results that further speed the path to data-driven operations and advanced analytics. It also helps healthcare organizations reach their goals faster by offloading important but time-consuming requirements such as interoperability, compliance, and security.

that is what And that how.. Strategic health care executives why.. In a nutshell, it’s all about results.

Data-driven healthcare operations can improve patient outcomes (the most important goal of all) while actually reducing costs. Advanced analysis can provide a myriad of powerful combinations. Examples include reducing readmissions with more accurate predictions of acute conditions, improving telemedicine services, and optimizing staffing with better patient utilization data.

Data drives everything beyond this. Each of these benefits and many more are present in the vast amount of information that healthcare institutions already have, but are often hidden. Healthcare CIOs must be able to quickly and cost-effectively translate data trove into meaningful information that has a positive impact on patient care and business outcomes.

Strategic healthcare leaders rely on data-driven operations and advanced analytics to improve patient outcomes and transform their businesses to achieve both. Data-driven healthcare operations are transforming results

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