Analytics
What's needed is a commitment from management, clean data, support for stakeholders such as the emergency room, a good data warehouse infrastructure and a support team.
As healthcare providers collect more data on patients than ever, and plan to use it to predict care, healthcare needs to understand the ethical implications, according to experts speaking at the Predictive Analytics World Healthcare conference in Boston Tuesday.
Two hospital case studies presented during at the Predictive Analytics conference in Boston on Tuesday show how looking at data can save providers, physicians and patients both money and time.
Database will reflects more than $350 billion in annual claims, 36 million provider records and more than 700,000 patient reviews.
Healthcare analytics platform provider MedeAnalytics on Tuesday said it has sold itself to Thoma Bravo, a private equity firm, for an undisclosed sum.
For many healthcare providers, this shift from fee-for-service payments requires a number of strategic and systemic changes that, even if implemented efficiently, could put stress on their revenue cycles.
Illinois-based RSA Medical provides analytics to health and life insurance companies that enables plans to identify medical conditions and other risk factors among enrollees and direct them to proper care.
Analytics firm Zephyr Health, a San Francisco-based startup that bills itself as an "insights-as-a-service" company for the healthcare industry, closed on a $17.5 million third round of funding, led by Google Ventures.
Risk-O-Meter has an 82 percent accuracy in forecasting 30-day readmissions.
Experts say existing systems are not really capable of dealing with the revenue cycle shift.