Healthcare providers continue to recognize the value of using AI in reporting operations throughout the organization. AI has many strengths when applied to the healthcare industry:
- Automate routine, repeatable data analysis;
- Create data insights delivered directly to users;
- Build analytics, such as chatbots;
- Posit “what if” scenarios; and
- Identify data clusters, forecasting and anomalies using algorithms.
The final installment of MedeAnalytics President Scott Hampel’s series on the evolution of manual reporting to AI-powered business intelligence is available now. He discusses how AI is the ultimate tool to help healthcare organizations understand and act on their voluminous data.
Get our take on industry trends
COVID-19 and the Financial Storm Ahead for Providers
Across the country, healthcare organizations are seeing 40%-80% declines in monthly charges with some of the most profitable services lines only seeing 20% of their normal monthly volumes during the pandemic.
Read on...3 Steps Any Healthcare Organization Can Take to Improve Enterprise Analytics
By Kristin Weir When it comes down to the most basic purpose of why organizations use analytics, it’s simple: they…
Read on...Why Predictive Analytics is the Answer to Healthcare’s Big Data Problem
By Scott Hampel Making improvements in healthcare data analytics has the potential to lead to significant cost savings and improved…
Read on...Unfamiliar Healthcare Players, Interoperability and Social Determinants Round Out 2020 Megatrends
By Scott Hampel, president of MedeAnaltyics We conclude our 2020 Megatrends with an exploration of new players entering healthcare, the…
Read on...