Healthcare Organizations Recognize Importance of AI for Reporting
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.
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Digging deeper: Leveraging analytics to boost service line profitability
Regardless of the size of the hospital or health system, you need to look beyond traditional operational metrics to fully understand your organization’s performance. Insights into revenue, volume, cost, quality and variation across service lines are key to improving both performance and profitability.
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