Twenty years ago, the healthcare industry was striving to collect as much data as possible across as many indicators as possible. Vacuum up as much as you can, and analyze it later was the name of the game. The thinking was that without overwhelming data collection, your competitors would leave you in the dust.
It’s easy to see the potential that data could bring to healthcare. Everything from better treatments and patient engagement, to opportunities for identifying patterns and trends in disease, to new targeted revenue streams was just over the horizon. And data was obviously the key to unlock it all. Analytics would transform the entire industry. The more data the better!
However, it soon became clear that collecting data and utilizing it were too different games. Many healthcare organizations fell victim to the phenomenon of having vast amounts of data that was unusable, and thus the unrealized potential continued.
A wide host of things can make data unusable. Some of the biggest culprits are a lack of standardization, mastering, and interoperability. If your data can’t be standardized, then you can’t pull accurate results. Without mastering, you can’t follow trends and determine attribution. And without interoperability, your data can’t cooperate and inform your other systems.
SIG specializes in freeing your organization from that trap. Technology and a good data team can help you dig out from this quagmire and solve this data predicament. We can groom and process your data and make it work within your data warehouse, bringing accuracy to your analytics so you can make the best business decisions for your organization.
Give us a call, tell us your data problems, and hear our solutions.
