Analytics
Widespread use of advanced comparative effectiveness and large-scale monitoring may still be a bit far off. But they are on the horizon, and headway is being made.
In this age of big data, analytics in healthcare has expanded from business intelligence and revenue-cycle management to clinical care.
The shift toward value-based care has sparked a demand for analytics like never before, according to a report from research firm KLAS. The report also points out that the demand has vendors rushing a wave of new products to market.
There are two types of analytics projects: those boundary-pushing advancements that, where they do exist, are mainly the product of big hospitals and academic medical centers, and the humbler, more doable -- but sometimes just as valuable -- insights that can be gleaned by smaller providers.
