The ability to effectively use data for strategic decision making is imperative for healthcare organizations in this era of increasing at-risk payment models and stiff competition. Yet, healthcare still lags behind most other sectors when it comes to the acquisition, storage, and analysis of data.
The University of Kansas Health System is a large academic medical system with more than 80 locations operating in two states, 999 licensed beds, and over 700 employed physicians. Recognizing the need to more effectively utilize data and analytics to help answer important strategic questions, the health system commissioned an advanced analytics team to help unleash the data capabilities needed to have a competitive edge.
In two short months, the team demonstrated its value, and the success of the pilot in answering important strategic questions which led to making the applied analytics team a permanent part of the new performance improvement department.
The implementation of an advanced analytics team enabled the health system to unleash its data, to probe and answer previously elusive key strategic questions, resulting in new clinical, operational, and financial insights and actionable knowledge the organization can immediately apply to improve its effectiveness.