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.
Foreword xiii
For the Skimmers xv
Acknowledgments xvii
Chapter 1 What Does Data Mean to You? 1
The Gap 3
Data Is a Four-Letter Word 5
Strengths 6
Weaknesses 6
Opportunities 7
Threats 7
Setting the Stage 8
Is This Book for You? 10
References 10
Chapter 2 What Happens When You Use Data to Transform an Industry? 13
The History of Change 15
On the Brink 17
What Is "Data Driven," and Why Does It Matter? 18
Management and Measurement 20
Planning the Approach 21
RISE 22
Reduce the Unknowns 23
Identify the Alternatives 24
Streamline the Standards 24
Evaluate the Activities 25
Change Mechanisms of RISE 25
Revolution 27
References 27
Chapter 3 How the Lack of Data Standardization Impedes Data-Driven Healthcare 29
Healthcare Data Complexity 30
Moving Data 31
Data Is Your Asset-Manage It That Way 32
Standards . . . Because Everyone Else Has Them 34
Pareto's Principle 38
The Great Wall of Data 39
References 40
Note 40
Chapter 4 Adopting Your Data Warehouse for the
Next Step in BI Maturity 41
Go Boldly 43
Disruptive Technologies 43
Hadoop, the Cloud, and Modern Data Platforms 44
The New Way Forward 46
Reduce the Unknowns 48
Identify the Alternatives 48
Standardize 48
Evaluate and Improve 49
The Future Is Now 51
Chapter 5 Creating a Data-Driven Healthcare Organization 55
IT or the Business? 58
Training 61
What and How Should We Teach? 61
Governing Data for Our New MDP 63
Chapter 6 Applying "Big Data" to Change Healthcare 67
The Call of Big Data 70
Evolve or Die 72
Let's Organize This and Take All the Fun Out of It 73
Dipping Your Big Toe into Big Data 75
References 76
Chapter 7 Making Data Consumable 77
How We Present Information Matters 78
When We Present the Information Matters, Too 80
Why Do We Want to Visually Represent Our Data? 81
Learning a New Language 83
A Multimedia Approach to Consumable Data 84
References 87
Chapter 8 Data Privacy and Confi dentiality: A Brave
New World 89
Who Owns the Data? 91
Barriers Are Everywhere 93
Process and Technology 94
Reference 95
Chapter 9 A Call to Action 97
Applying RISE to Your Efforts 100
Some Distinctions about Being New 101
Getting Started 102
You Know What They Say about Assuming 104
What Does Data Mean to You? 104
Transforming an Industry 105
Data Standardization 105
The Next Step in BI Maturity 106
Creating the DDHO 107
"Big Data" 107
Make Your Data Consumable 108
Privacy and Confi dentiality 109
Final Thoughts on Data-Driven Healthcare 109
Appendix A Readiness for Change 111
Appendix B Tenets of Healthcare BI 115
Appendix C Estimating the Efforts 135
Appendix D Business Metrics 139
Appendix E Agenda | Company Name | JAD Session 169
Appendix F Data Visualization Guide 173
Afterword 181
About the Author 187
Index 189
