Analytics

Clinical analytics, benchmarks and patient experience data now just as important as financial metrics, insiders say.

Lancaster General Health Community Care Collaborative will be accessible by the payer's Medicare Advantage members in the Pennsylvania region.

That promise of savings has a lot of health care specialists taking a harder look at predictive computer formulas.

The top 100 inpatient stays are associated with approximately $62 billion in Medicare payments and over 7 million hospital discharges, according to data the department just made public as part of its transparency push.

Top services include upper airway endoscopy and nerve injections.

Infections treatments lead to millions in medical charges.

When Healthcare Finance last year asked experts to name the top industry trends, they selected insurance exchanges, mergers and acquisitions, new payment models, and technology. Things don't look much different in 2015.

Between online marketplaces for Social Security numbers and data hijackings at Sony and critical access hospitals, catching and preventing fraud has never been more important or dependent on technology.

An increasing number of healthcare organizations are turning to demand forecasting, crunching numbers to help them determine potential device usage, patient demand and even to decide whether or not to build new facilities.

Linda Burt, vice president and chief financial officer at Nebraska Methodist Health System in Omaha, Neb., sat down with Healthcare Finance News to discuss the primary ways in which hospital CFOs use analytics, and how data -- if assessed properly -- can reduce risk.