Posts in Category: Analytics

Making way for business intelligence maturity 

The ability to generate the meaningful insights necessary to improve care and lower costs in a sustained fashion over time is a hospital’s most vital competitive edge. Having access to the data needed to drive changes to your business, and knowing how to use that data, is imperative.

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Posted by Jana Ballinger 09/05/2019 Categories: Analytics HealthView Analytics

Analytics use case contest—share your successes with process improvement 

Do you have a great story about how data analytics have led to better patient care or lower costs or—even better—both? We want to hear about it and we’re sure other healthcare providers do too.

We’re soliciting examples of how analytics have revealed opportunities for process improvement. And to make it fun, we’re going to raffle off gift cards worth up to $100 at the LUMEDX Users Group Conference.

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Posted by Jana Ballinger 08/22/2019 Categories: Analytics HealthView Analytics STS

Has cost containment in healthcare reached a plateau?  

While financial worries continue to plague healthcare leaders, the ability to contain costs may have reached a plateau.

A study by Kaufman Hall, a strategic and financial consulting firm, that was reported by Healthcare Dive analyzed more than 600 hospitals and found that cutting labor costs and implementing efficiencies and improvement efforts could only go so far.

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Posted by Jana Ballinger 08/15/2019 Categories: Analytics HealthView Analytics

Cost savings with same-day discharge for PCI patients 

The U.S. healthcare system could save between $200 million and $500 million per year if 50 percent of percutaneous coronary intervention (PCI) patients were discharged the same day, as reported by JAMA Cardiology. A Canadian study showed that same-day discharge (SDD) after PCI was associated with a 50 percent reduction in costs, with a mean saving of U.S. $1,086 per patient, and European studies of this subject have also reported significant savings per patient.

Yet despite the evidence, many hospitals are still missing out on this significant savings opportunity and the rate of same-day discharge after PCI remains low.

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Posted by Jana Ballinger 07/25/2019 Categories: Analytics Patient Satisfaction