11 Healthcare Data Analytics Trends to Know

What's driving healthcare's data analytics delirium? Increasingly, it's population health management.

A passion to enhance population health has motivated 25 percent of healthcare organizations to dive into data analytics, according to new Data Analytics and Integration metrics from the Healthcare Intelligence Network (HIN).

With reimbursement for services increasingly riding on readings from clinical outcomes, patient experience and cost of care, the desire to slice and dice patient and population data in order to provide value-based healthcare has never been stronger.

The January 2016 survey identified a number of factors behind widespread analytics adoption. More than three-quarters of responding organizations—77 percent—already have delineated data analytics and integration strategies, the survey found.

Additionally, having applied the actionable information these programs yield to craft population-based interventions, 41 percent already report declines in total spend they attribute to data analytics. Hand in hand with these savings are appreciable spikes in quality ratings, report 58 percent of respondents.

Given their potential cost, risk and utilization patterns, it's not surprising high-utilizers or hot-spotters—patients with frequent ER visits and hospital stays—are the key target of data analytics programs for 74 percent of responders.

But hot-spotters are by no means the only data analytics targets. A majority of adopters—60 percent—collect data on upwards of 75 percent of patient and member populations served.

"As the path to value-based purchasing becomes clearer, care management platforms without a vast warehouse of clinical, claims and cost data that they can draw upon in order to measure provider and organizational performance will flounder," noted Melanie Matthews, HIN executive vice president and chief operating officer. "To survive in healthcare's new 'fee for quality' world, organizations must be ready to back up their claims with hard data."

Here are some other highlights from HIN's inaugural Data Analytics and Integration survey:

  • Clinical and operational dashboards lead the list of data analytics tools for 62 percent of respondents;
  • Diabetes is the top clinical condition targeted by data analytics, say 58 percent of respondents;
  • The collection of healthcare data is the top challenge of analytics and integration efforts for 28 percent of respondents;
  • Beyond population management, predictive analytics and cost savings are key goals of data analytics efforts for 15 percent of respondents; and
  • Almost two-thirds of respondents experienced a drop in ER utilization that they attribute to data analytics.

For more information or to order your copy of 2016 Healthcare Benchmarks: Data Analytics and Integration today, please visit:
http://store.hin.com/product.asp?itemid=5113

2016 Healthcare Benchmarks: Data Analytics and IntegrationThis 40-page report assembles hundreds of metrics on data analytics and integration from hospitals, health plans, physician practices and other responding organizations, charting the impact of data analytics on population health management, health outcomes, utilization and cost.

Breaking down findings by high-responding industry sectors, this report includes the following data points:

  • Incidence of current and planned data analytics and integration strategies;
  • Primary goals of data analytics efforts;
  • Components of data analytics infrastructure, including registries, data warehousing, and more;
  • Populations and clinical conditions targeted by data analytics initiatives;
  • Categories and percentages of patient data collected by existing programs, including output from remote monitoring;
  • Most significant barriers and challenges related to data analytics;
  • Most effective processes, tools and workflows in data analytics efforts;
  • Most promising outcomes from data analytics to date;
  • Impact of data analytics on value-based metrics, including healthcare utilization, length of stay, ER visits, readmissions, patient engagement, physician performance and other benchmarks;
  • ROI from data analytics program;
  • The complete January 2016 Data Analytics and Integration survey tool;
and much more.

Order your copy today online:
http://store.hin.com/product.asp?itemid=5113

This benchmark report is designed to meet business and planning needs of health plans, managed care organizations, physician organizations, health systems, and others by providing critical benchmarks on data analytics and integration.

If you are already a Healthcare Benchmark series member, then this report is FREE for you.

Available in Single or Multi-User Licenses

A multi-user license will provide you with the right to install and use this information on your company's computer network for an unlimited number of additional workstations within your organization for a one-time fee. To have this valuable resource on your network, or to inquire about ordering bulk copies in print or Adobe PDF, please e-mail sales@hin.com or call 888-446-3530.

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