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Healthcare Business Intelligence

Jean-Luc Coquerel

Recent Posts

Healthcare Analytics, Business Intelligence and Big Data: By the Numbers

Posted by Jean-Luc Coquerel

Sep 6, 2016 12:30:00 PM

Hospitals, health systems, physician groups and other healthcare entities are increasingly investing in healthcare analytics tools along with business intelligence (BI) efforts in order to gain improvements in patient outcomes, population health management, patient care and clinical quality. Following are some statistics that highlight the growth of analytics and BI:

  • More than two-thirds of healthcare decision makers consider analytics among their top three priorities.
  • The BI and analytics market is forecast to grow to $20 billion by 2019.
  • The healthcare analytics global market is estimated to be worth $33.5 billion by 2022.
  • The BI and analytics software market is expected to grow at a 12 percent CAGR through 2020.
  • In 2013, HIMSS Analytics found 46.2 percent of healthcare organizations were utilizing some form of clinical and BI solution in place, a number which increased to 52.1 percent in 2015.
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Topics: Healthcare Analytics

Five Essential Steps for Designing a Healthcare Dashboard

Posted by Jean-Luc Coquerel

Sep 1, 2016 12:30:00 PM

Dashboards enable healthcare organizations to assess their overall status by providing them with key analytics and replacing the need to review several, detailed reports. They can be utilized to track revenue cycle performance, help meet meaningful use standards and monitor disparate processes for more efficiency.  Furthermore, dashboards can integrate with electronic workflow management solutions and identify areas for operational, financial and quality of care improvements.  

Mobile dashboards provide even more benefits for healthcare providers through real-time access to actionable, accurate and accessible data.  Furthermore, dashboards offer an intuitive and convenient method for clinicians to access necessary information anytime at any place, thereby improving patient care. Following are five steps for healthcare organizations to take when creating or designing a new dashboard.  

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Topics: Healthcare Dashboards

Healthcare Data Visualization: Data Through Design

Posted by Jean-Luc Coquerel

Aug 26, 2016 12:30:00 PM

Healthcare organizations typically compile data from multiple sources, and tools that enable them to analyze that data for actionable purposes are in high demand. Due to the fact that most humans process information more easily when it’s presented with a strong visual element, some healthcare providers are utilizing visual representations of the data to better communicate it to various stakeholders. Whether it’s through dashboards, infographics, stacked bar charts, line graphs, cartographs, Choropleth, Pinpoint and heat maps, these healthcare data visualizations give them a way to communicate quantitative data in a way that is accessible and easy to understand.

The California Healthcare Foundation notes that characteristics of strong data visualizations include personalization, storytelling, relevance, timeliness, connections and comparisons. They should be designed in a way that meets HIPAA guidelines by removing specific patient data and that allows users to access the information through multiple types of devices.

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Topics: Healthcare Data Governance

The Internet of Things in Healthcare

Posted by Jean-Luc Coquerel

Aug 24, 2016 12:30:00 PM

One of hottest topics in technology this year is the Internet of Things (IoT), which Gartner defines as “the network of physical objects that contain embedded technology to communicate and sense or interact with their internal states or the external environment.” The following statistics speak to the prevalence of IoT:

  • The healthcare IoT market segment is poised to hit $117 billion by 2020. 
  • The IoT has a potential economic impact of $3.9 to $11.1 trillion per year by 2025.
  • Sensors, modules and connectivity account for more than 50 percent of spending on the IoT, followed by IT services and software. 
  • An estimated 36 percent of companies in North America had IoT initiatives in 2015.
  • Nearly $6 trillion will be spent on IoT solutions over the next five years.
  • There are forecast to be approximately 212 billion Internet-connected things (healthcare instruments, tracking devices, wearables, etc.) by the end of 2020.
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Topics: Healthcare Analytics

Benefits of Analytics Use in ED Patient Throughput

Posted by Jean-Luc Coquerel

Jul 27, 2016 12:30:00 PM

Emergency department (ED) overcrowding is a serious problem for hospitals across the United States, which is being addressed through the use of analytics. Hospitals that use analytics to improve ED patient throughput in each area – frontend, middle flow and backend - can track ED wait times, patient and room status, average length of stay (LOS), number of patients left without being seen, number of patient visits per clinical program, patient volumes over time and more. They can identify workflow bottlenecks, project staffing and resource needs and obtain patient satisfaction rates of wait times while providing the capability to access historic throughput, quality and clinician reporting.

In this blog, we’re highlighting some of the numerous benefits achieved by using healthcare analytics to improve ED patient throughput and reduce ED overcrowding. These benefits include:

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Topics: Healthcare Analytics

Cybercrime in Healthcare: Statistics

Posted by Jean-Luc Coquerel

Jul 11, 2016 12:30:00 PM

Cybercrime continues to be a big issue across many industries, and healthcare is one of its  biggest targets. Even as cybersecurity measures have improved, the threat to healthcare data is big. Cybersecurity is the state of being protected against the criminal or unauthorized use of electronic data and the measures taken to defend against attacks. The following statistics show how the healthcare industry has been affected by cybercrime:

  • A rise in cyber attacks against doctors and hospitals is costing the U.S. healthcare system $6 billion a year.
  • A 2014 industry benchmarking report ranked healthcare's cybersecurity preparedness behind that of the finance, retail and energy industries.
  • The cost of a cyberattack for the average hospital is $3.5 million, but according to a HIMSS survey, 46 percent of hospitals spend less than $500,000 annually on cybersecurity. 
  • Approximately 88 percent of CIOs and CISOs have reported increased cybersecurity budgets in recent years.
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Topics: Healthcare Analytics

mHealth: How Mobile Health Enhances Healthcare

Posted by Jean-Luc Coquerel

Jul 8, 2016 12:30:00 PM

Technology is utilized by many industries, and healthcare is no different. The introduction of smartphones and other mobile devices has spurred the growth of technology in healthcare. A rapidly growing area of healthcare technology is mHealth, or mobile healthcare. What is mHealth?  Below are definitions from leading health organizations about mHealth.  

Foundation for the National Institutes of Health (FNIH) - mHealth is the delivery of healthcare services via mobile communication devices.

The National Institutes of Health (NIH) - mHealth is the use of mobile and wireless devices to improve health outcomes, healthcare services and health research.

World Health Organization (WHO) - mHealth is an area of electronic health (eHealth), and it is the provision of health services and information via mobile technologies such as mobile phones and Personal Digital Assistants (PDAs).

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Topics: Healthcare Analytics

Healthcare and Cloud Computing: Access the Advantages

Posted by Jean-Luc Coquerel

Jul 5, 2016 12:30:00 PM

Use of cloud computing has been common in many industries over a decade, but the healthcare industry was slow to embrace it. That changed, though, as healthcare organizations started implementing plans to meet guidelines for the financial incentive programs from the HITECH Act. According to a HIMSS Analytics Cloud Survey, 80 percent of healthcare organization respondents report that they use cloud services, and a report from research firm MarketsandMarkets forecasts the healthcare cloud market to grow to $6.5 billion by 2018.

In this first of two blogs on cloud computing in healthcare, we’ll discuss the benefits it brings to healthcare. The next blog will focus on tips for transitioning to the cloud.

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Topics: Healthcare Analytics

Healthcare and Cloud Computing: Six Steps for Success

Posted by Jean-Luc Coquerel

Jul 1, 2016 12:30:00 PM

Although the healthcare industry was initially slow to embrace cloud computing, providers are transitioning to it at a rapid pace. In our most recent blog, we examined a variety of benefits healthcare organizations can achieve by using cloud technology. This blog will focus on the steps healthcare organizations should take to make their move to the cloud a success.

Moving to cloud computing typically requires less resources for healthcare organizations compared to implementing a new IT system on site. However, it’s important to follow certain steps to ensure the transition is done correctly. Otherwise, some of the benefits of utilizing cloud technology may not be achieved, and providers may end up with unnecessary problems.

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Topics: Healthcare Analytics

EHR Adoption Fun Facts: Learning More about EHRs and Epic

Posted by Jean-Luc Coquerel

Jun 29, 2016 12:30:00 PM

The world of healthcare IT can sometimes be overwhelming, especially with the development of so many new technologies and products. Healthcare organizations strive to achieve important patient care goals while complying with an array of government regulations. For a lighter note, this blog includes some lesser known facts about EHRs along with interesting notes on Epic Systems, one of the leaders in EHR systems.

EHR Facts:

  • The first EHRs appeared in the 1960s.
  • The Mayo Clinic in Rochester, Minnesota, was one of the first major systems to adopt an EHR.
  • Epic, MEDITECH and Cerner comprise nearly 60% of the market share of primary certified EHRs for participating hospitals.
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Topics: EMR Reporting

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