How to Liberate Data Insights

In last week’s blog post, we explored how to make the most out of analytics investments. For this week’s blog, we want to continue that conversation. Data is a useful resource and the industry agrees, with 70 percent of healthcare organizations seeing its value. Although useful, there are many challenges in addressing data including how to best utilize it.

One useful way to leverage data analytics is to create its own department. Often times, healthcare organization’s data is confined to departmental silos that prevent the delivery of actionable insights to the hands of key decision-makers. This self-servicing of analytics democratizes data and insight by providing the right insights to the right users at the right time. Here’s how healthcare organizations can succeed with their own analytics department:

  1. Find Departmental Business Leaders and Champions

      With an analytics department there comes a lot of data insight to manage. This requires leadership and process change, not just dashboards to sift through. Data champions and business leaders are the driving force that will integrate insight into their daily, monthly and/or quarterly management processes. When engagement with analytics comes from the top it is much easier to sustain and ensure that analytics is integrated throughout the organization.

      2. Build Trust with Data Governance

      Data is nothing without the organization behind it. To gain that trust, it’s important to provide reliable data that business leaders and champions can use to empower physician and clinical teams towards their goals. To ensure data trust, there needs to be proper governance, documentation and data mapping to help build trust and transparency throughout the organization.

To learn more about leveraging analytics, check out our latest whitepaper here. If you are interested in ways we can help you on your analytics journey, learn more about our enterprise analytics options.

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MedeAnalytics

MedeAnalytics is a leader in healthcare analytics, providing innovative solutions that enable measurable impact for healthcare payers and providers. With the most advanced data orchestration in healthcare, payers and providers count on us to deliver actionable insights that improve financial, operational, and clinical outcomes. To date, we’ve helped uncover millions of dollars in savings annually.

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