Healthcare mergers and acquisitions can involve a lot of EMRs and other IT systems. Sometimes leaders feel like they have to rip and replace these systems to fully integrate organizations. However, this is not the answer, according to Dale Sanders. This report, based upon his July 2017 webinar, outlines the importance of a data-first strategy and introduces the Health Catalyst® Data Operating System (DOS™) platform. DOS can play a critical role in facilitating IT strategy for the growing healthcare M&A landscape.
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8 in 10 Hospitals Stand Pat on Population Health Strategy, Despite Uncertainty Over the Affordable Care Act’s Future
A 2017 survey by Health Catalyst shows that despite uncertainty about the future of the Affordable Care Act, 80 percent of healthcare executives have not paused or otherwise changed their population health management strategy. 68 percent said that PHM is “very important” to their healthcare delivery strategy, while fewer than 3 percent said it was not important at all. The results show that executives view the move to value-based care as inevitable, and they view a PHM strategy as an integral part of their future efforts.
Using survey results from the 2017 Healthcare Analytics Summit™ (HAS) conference, the HAS team has compiled an infographic of key insights. Featured metrics include:
Overall satisfaction: 99.4 percent
Likelihood of recommending to a friend: 98.4 percent.
Attendee metrics, such as healthcare experience (27.6 percent with 11 to 20 years) and type of organizations represented (healthcare, 45.7 percent).
Organizational population health status (successful initiatives, 63.2 percent).
Organizational level of analytics adoption (intermediate, 49.7 percept).
Combined, the HAS 17 metrics revealed high overall satisfaction with what attendees viewed as a true educational experience. Participants also reported deep healthcare expertise, a positive outlook on population health and value-based care.
Chilmark’s 2017 Healthcare Analytics Market Trends Report is a trove of insights to the analytics solutions driving the management of population health and the transition to new reimbursement models.
The report reviews the analytics market forces at work, such as:
The need to optimize revenue under diverse payment models.
The increasing importance of analytics in general, and a platform in specific, that can aggregate all data.
Continuing confusion about how to react to MIPS and APMs.
The growing importance of providing a comprehensive set of open and standard APIs.
The need for better tools to create analytics-ready data stores.
The report is also a succinct guide to the 17 leading analytics vendors (which represent EHR, HIE, payer, and independent categories) with the most promising products, technology, and services offerings in the market.
Workers in today’s healthcare systems need dashboards with more power, interactivity, and visual feedback than traditional static reports are able to provide. Users also need to understand how and where to make improvements based on the dashboard’s information. To provide such deep insight to the data, a healthcare dashboard should have the following characteristics: be easily accessible, display reliable data, contain relevant data, be up-to-date for the task at hand, and include trends and/or benchmarks. When the right type of dashboard is combined with a late-binding data warehouse, users will gain access to the knowledge their data holds to drive lasting and effective improvement initiatives.
The HAS 16 Metrics have been compiled into this infographic. See what 1,045 attendees from 281 organizations think about the future of value-based care and analytics. Seventy-four percent of attendees identify as healthcare providers, and 95 percent say the role of analyst within their organization is important or very important. Most participants (80 percent) think that value-based reimbursement will make the quality of care better or somewhat better. And, in reference to the 80’s Night held at HAS 16, most attendees picked Super Mario Brothers as their favorite 80’s video game, narrowly edging out Pac-Man.
Thursday at the 2016 Healthcare Analytics Summit started with a moving presentation from Dr. Don Berwick. Keynotes from Liz Wiseman, Dr. David Torchiana, and Dr. Strauss rounded out the general session. Breakouts included the word debut of a card game designed to teach outcomes improvement governance principles, a comprehensive lesson in running a successful care management program, and much more.
On Wednesday during the 2016 Healthcare Analytics Summit, attendees heard from Anne Milgram on how criminal justice can provide insights for healthcare, from Dr. Bishoff on how Intermountain Healthcare improved care, from Dale Sanders and Dr. Freier on how a small town in Minnesota improved the lives of its citizens, and how a game of the Price Is Right by Tom Burton can teach us all a thing or two about surviving in a value-based world. This was in addition to 12 outstand breakout sessions from healthcare systems and experts from all over the nation.
The final day of the 2015 Healthcare Analytics Summit started with presentations from on value-based care delivery, population health outcomes, and analytics from keynote speakers Dr. Caleb Stowell (ICHOM), Dr. Timothy Ferris (Partners HealthCare), and Dr. Timothy Sielaff (Allina Health). There were some outstanding breakout sessions. And it finished with a bang-up presentation from Ed Catmull, president of Pixar.
Wednesday at the 2015 Healthcare Analytics Summit was a full day of learning and fun. The day included keynote presentations from Daryl Morey, General Manager of the Houston Rockets, Jim Collins, best-selling author of Good to Great, and Amir Dan Rubin, President and CEO of Stanford Health Care.
The 2014 Healthcare Analytics Summit kicked off September 25, 2014 in Salt Lake City. Billy Beane was the first keynote speaker, sharing his insights on using analytics in baseball, as documented in the movie Moneyball. Dr. Glenn Steele then shared his insight into Geisinger’s history and experience with data. Next keynote speaker up was Dr. James Merlino from Cleveland Clinic, who shared his experience and learnings as the Chief Experience Officer for one of the largest, most respected healthcare systems in the nation. The breakout sessions included a Healthcare Analytics Adoption Model survey from Dale Sanders, a lesson in making healthcare waste reduction actionable from Drs. David Burton and Greg Stock, a presentation on organizing for analytics success by Steve Barlow and Holly Rimmasch, a hands-on workshop in getting the most out of your data analyst by John Wadsworth, and finally, a user group kickoff/product roadmap review by Holly Rimmasch, Tom Burton, and Steve Barlow posing (literally) as the Three Amigos. The day ended with two fascinating keynote presentations. First, former Utah Governor Mike Leavitt discussed the future of healthcare reform and government’s role in the process. Then, Google futurist, Ray Kurweil shared how the acceleration of technology will drive healthcare to places we can only image.
The second day of the 2014 Healthcare Analytics Summit on September 25, 2014 was another day packed full learning. It started with an analytical recap of the previous day. Then, Dr. Penny Wheeler shared her experiences as President and Chief Clinical Officer of Allina Health and how the organization got to be ranked in the top three for quality metrics in the country according to Modern Healthcare. Next up was Dr. Macias, Chief Clinical Integration Officer at Texas Children’s Hospital. He told some amazing stories about successful clinical improvement projects at the hospital. Then, Dr. David A Burton talked about an accountable care transformation framework and how population health management should fit into the conversation. The breakout sessions included Stanford Health Care’s Yohan Vetteth and Dr. Bohman sharing how their organization uses analytics to improve outcomes in population health and HF readmissions reduction; Health Catalyst’s Tom Burton with his hands-on presentation on how to drive clinical improvement that gets results; Dr. Sreekanth Chaguturu from Partners HealthCare presenting on key principles and approaches to population health management; and, John Henderson from Texas Children’s Hospital and Bobbi Brown and Leslie Falk from Health Catalyst showing how to get ROI out of your healthcare analytics projects. The next keynote was from Health Catalyst’s Dale Sanders on predictive analytics. This was followed by a documentary film about Health City Cayman Islands entitled “From the Heart: Healthcare Transformation from India to the Cayman Islands.”
Learn how your existing data warehouse could benefit from Health Catalyst’s advanced analytics applications. Options available include: Custom applications, Cloud data warehouse, Parallel platform, Feeder data warehouse, New data warehouse platform.
As Health Catalyst, we love working here. Besides the great benefits, work environment, and opportunities for growth, we’re most appreciative of the way our leaders care about us. Watch this fun video to see what it’s like to work here.