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Data-Driven Healthcare: How Analytics and BI are Transforming the Industry by Laura B. Madsen

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Foreword

Healthcare is in a disruptive phase as it reinvents itself. The globally noncompetitive cost of the U.S. healthcare system (18 percent of gross domestic product) has forced significant and immediate cost reduction pressures onto providers. New clinical technologies continue to be invented, but their application lags. Quality of care and patient experience data is now widely available on government and private websites. Providers are moving from fee-for-service revenue to value-based purchasing systems. And because of the Affordable Care Act, new organizational structures and relationships are emerging.

In this chaotic environment, the effective use data is a potential path forward to success. The groundwork has been laid with the HITECH Act of 2009, as it provided the funding for the broad application of new infor­mation technologies into the care delivery system of the United States.

However, the opportunity presented by these new data resources has not yet been achieved.

To succeed over the long term, healthcare organizations need to move from merely collecting data to becoming data driven.

Laura Madsen provides a comprehensive plan for becoming a data-driven organization in this book as she outlines the current state of healthcare data use and its potential to transform an organization. She builds on the concepts in her first book—Healthcare Business Intelligence—to provide the steps needed to embrace the new opportunities for an organization to use data for strategy ...

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