Healthcare Providers Can Benefit From Data Analytics

Healthcare Providers Can Benefit From Data Analytics

The presence of data and analytic tools to improve both the quality and efficiency in healthcare are being felt, but there are more benefits to be realized from these investments, according to a recent survey.

In a survey, KPMG asked more than 270 healthcare professionals “Where is your organization in the business and data analytics roadmap?” and found that only 10% are using advanced tools for data collection with analytics and predictive capabilities. Twenty-one percent indicated that they are still only “planning their journey.” Of the other respondents, 16% said they are using data in strategic decision making, 28% are relying on data warehouses to track key performance indicators and 24% are using data marts.

“We are only skimming the surface about using the full potential of data and analytics to improve healthcare and the executives surveyed see the full potential being reached in three to four years,” says John Weis, director of data & analytics at KPMG.

READ MORE AT MODERN MEDICINE