3 Ways Analytics Optimizes Clinical, Operational and Financial Efficiencies
The robust flow of massive volumes of structured and unstructured data play a significant role in powering sustainable solutions that help organizations deliver high-quality care
The explosion of digital technologies has transformed the healthcare ecosystem like never before. The robust flow of massive volumes of structured and unstructured data plays a significant role in powering sustainable solutions that help organizations deliver high-quality care.
Healthcare leaders across the globe are focusing on patient-centric care with a paradigm shift towards proactive health strategies that mitigate risks and improve health outcomes at scale. Here’s how predictive analytics can help health systems streamline workflows and operations while accelerating outcomes.
In the world of consumerism and patient-centric care, a “one-size fits-all” approach is not an ideal method to engage patients. Personalized care delivery, powered by analytics and deep insights ensure better collaboration that allows patients to adhere to their care plans.
Predictive and prescriptive analytics provide real-time data powered by Real World Evidence (RWE) — to continuously track and monitor patients’ health progress and facilitates immediate intervention through instant notification of any emergency. Analytics leverages critical data sourced from various channels including wearables, Patient Reported Outcomes (PRO), IoTenabled devices, Social Determinants of Health (SDOH) and other sources that are streamlined to be converted into actionable insights to address the unique concerns of each individual.
When patients are given personalized recommendations based on their individual needs and experiences, they are most likely to act on it, whether adhering to the prescribed medications, suggested lifestyle changes, food habits or exercise regimens.
Personalized digital tools help build meaningful Patient-Physician collaboration and engagement—fostering proactive participation of patients in their care journey
Tracking and monitoring health outcomes using Remote Patient Monitoring Solutions (RPM) provides actionable insights by harnessing valuable data including wearables, PRO, IoT devices and other sources. These real-time data facilitate instant notification and timely intervention by the Physician when needed, thereby limiting 30-day hospital readmissions, enabling proactive solutions and better outcomes
The healthcare ecosystem is facing massive operational challenges in terms of mitigating costs and improving efficiencies in the value-based care scenario. Predictive analytics leverages nextgen technologies to provide significant insights relating to workflow, safety, quality, sustainability, outcomes and other scalable solutions to drive operational outcomes at scale. This level of insights also strengthens data security, while keeping operational costs in control by preventing avoidable and unnecessary expenses.
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To learn more about how SolvEdge’s high-powered data-driven Business Intelligence tools can help accelerate your healthcare organizations’ clinical, operational and financial efficiencies, talk to our team
From our humble beginnings as a healthcare start-up—to becoming a full-blown healthcare-exclusive digital transformation provider, our journey has been quite a remarkable one. Today, SolvEdge is a leading-edge Healthcare services and solutions provider—trusted by 450+ Hospitals, 3500+ Physicians and millions of patients across the globe.