Applying Moneyball Analytics in Health Care
The “big data” buzzword has made its way into health care. Provider and payer organizations, which often create, accept and store petabytes of data, are intrigued by the notion. Who wouldn’t want to find some previously unknown patterns within their vast repositories which will change the way they provide care?
However, gaining value through “big data” isn’t as easy as it seems—and “big data” doesn’t necessarily mean good data. Data needs to be extracted and validated, transformed and normalized. And once it’s in a usable form, it needs analytics, so it can be scrutinized and understood.
With the right data and processes, analytics have the potential to change the game for health care providers. From reducing costs to improving health outcomes, a smarter game plan founded on the right data and analytics can create a winning combination for providers and patients across the care continuum.
But where should your organization start? Are there key areas you should be considering in your strategy? What, if anything, is working for other organizations? In our new eBook, Moneyball Analytics, we take a look at where to start, what to consider, and how to execute — along with success stories and advice from providers across the nation.
“With the right data and processes, analytics have the potential to change the game for health care providers. From reducing costs to improving health outcomes, a smarter game plan founded on the right data and analytics can create a winning combination for providers and patients across the care continuum.”