"What you see is what you get" describes what we are quickly realizing to be the good old days of healthcare, except it was more likely "what you see is what you got"—particularly with the typical healthcare analytics model which traditionally presented a retrospective view of any data set. While we'd like to think those days are behind us and that we are so much "smarter" today with our mobile phones perpetually within our reach, there is an opportunity to smarten our industry world view with rapid-fire, interactive access to informative healthcare analytics.
Healthcare IT spending will exceed $34 billion in North America this year, driven by regulatory requirements and spread across several areas including analytics¹. Similarly, Manhattan Research indicated early in 2014 that smart phone adoption among physicians has increased to the low- to mid-80s to in the U.S.² These concurrent trends are the first domino in a chain of emerging events that have begun to shift the industry with an unstoppable force. The primary challenge resides not in our resistance to change or adoption of new technology, but in our ability to leverage the resulting information to drive sustainable change.
I have spent almost three decades in healthcare, and the better part of it, in this domain I call actionable intelligence. Recently, I polled my peers on the front line, both as consultants and as hospital provider leaders, what they perceive as the key barriers to establishing a culture of information-driven healthcare behaviors, the cornerstone of reform. Their feedback identified nine healthcare analytics trends: Costing, Clinical, Collaboration, Competency, Consolidation, Comparative, Consumable, Continuum and Concurrency.
Over the next several weeks, we'll discuss what we've termed The "C" Suite of Emerging Healthcare Analytics Trends. We'll discuss each "C" to help enlighten and prepare hospital leaders to more effectively use healthcare data to make informed, actionable daily decisions that affect change and begin to bend the curve.