Data-Driven Healthcare: How Analytics and BI are Transforming the Industry (Wiley and SAS Business Series) - Hardcover

Madsen, Laura B.

Hardcover

ISBN 10: 1118772210 ISBN 13: 9781118772218

Publisher: Wiley, 2014

Synopsis

Healthcare is changing, and data is the catalyst

Data is taking over in a powerful way, and it's revolutionizing the healthcare industry. You have more data available than ever before, and applying the right analytics can spur growth. Benefits extend to patients, providers, and board members, and the technology can make centralized patient management a reality. Despite the potential for growth, many in the industry and government are questioning the value of data in health care, wondering if it's worth the investment.

Data-Driven Healthcare: How Analytics and BI are Transforming the Industry tackles the issue and proves why BI is not only worth it, but necessary for industry advancement. Healthcare BI guru Laura Madsen challenges the notion that data have little value in healthcare, and shows how BI can ease regulatory reporting pressures and streamline the entire system as it evolves. Madsen illustrates how a data-driven organization is created, and how it can transform the industry.

• Learn why BI is a boon to providers
• Create powerful infographics to communicate data more effectively
• Find out how Big Data has transformed other industries, and how it applies to healthcare

Data-Driven Healthcare: How Analytics and BI are Transforming the Industry provides tables, checklists, and forms that allow you to take immediate action in implementing BI in your organization. You can't afford to be behind the curve. The industry is moving on, with or without you. Data-Driven Healthcare: How Analytics and BI are Transforming the Industry is your guide to utilizing data to advance your operation in an industry where data-fueled growth will be the new norm.

About this title

From the Inside Flap

Big data, analytics, and business intel- ligence (BI) have already taken over some of the economy's biggest in- dustries, including tech and retail. The successes in these areas--and the failures of organizations that have failed to keep up--show that being behind the data curve could be dangerous. Even if data-driven operations never completely replace traditional healthcare management, the potential for improvements in efficiency and outcomes makes this new trend worth a long look. Data-Driven Healthcare speeds the process along by examining the opportunities and challenges specific to this industry and outlining a first-year plan that will give managers the confidence to dive in.

The complexity and sensitivity of healthcare organizations make data-driven change an especially high-stakes endeavor. From organizational structure to patient out- comes, insights from intelligently-managed data affect outcomes at any number of levels. The aim of Data-Driven Healthcare is to make sense of all this complexity, and the book wastes no time in examining the pertinent strengths, weaknesses, opportunities, and threats. Without this understanding, healthcare leaders could find themselves unable to move forward in a way that maximizes BI and advances the industry.

As senior-level managers know, simple theory is not enough to make solid deci-sions and capitalize on new trends. Implementing theory with proven, context- sensitive techniques is absolutely required. Author Laura B. Madsen is sensitive to this requirement and provides resources such as visual aids, business metrics, checklists, tables, and forms to bridge the gap between theory and practice. Data-Driven Healthcare will be equally appealing to leaders who need a basic understanding of the importance of data and those who are further along but looking for tools to help propel their organizations to BI maturity.

About the Author

LAURA B. MADSEN has 15 years of experience in BI and data warehousing for healthcare and is the author of Healthcare Business Intelligence. She leads the Enterprise BI and Analytics Program at Children's Hospitals and Clinics of Minnesota, where she is charged with creating a data-driven healthcare organization. Laura has held senior positions with several leading healthcare technology companies, including UnitedHealth Group. In 2006, she co-founded the Twin Cities chapter of The Data Warehouse Institute (TDWI), and in 2008 she founded the Healthcare BI Summit. Laura speaks nationally and internationally about the importance and power of data in healthcare.

Edition details

• Publisher: Wiley
• Publication date: 2014
• ISBN 10: 1118772210
• ISBN 13: 9781118772218
• Binding: Hardcover
• Language: English
• Edition number: 1
• Number of pages: 224