Ap­ply­ing Money­ball An­a­lyt­ics in Health Care

Modern Healthcare - - PERSPECTIVES -

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.”

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