Healthcare Analytics

Accelerate Performance Improvement in Healthcare

You Can't Go Faster Until You Get Started

Performance improvement in healthcare, whether clinical or financial, needs to cut across every role within an organization. But taking the first step can be difficult due to a wide range of competing priorities. For example, a nurse manager on the floor and a business analyst in finance may have very different answers to the question of "how can we do better?" Both views are essential, but will quickly grow your priority queue.

Add in the inherent complexity of healthcare data, often stored in silos of seemingly incompatible databases, and many healthcare analytics projects drift into the slow lane right out of the gate—if they even get started. You can't accelerate or improve what hasn't been analyzed.

Start Smart with a Strategic Outcomes Achievement Framework

For most organizations, performance improvement in healthcare can't come quickly enough. A strategic plan that clearly defines key priorities and desired outcomes is the best way to speed up the process from the beginning. Your planning should address:

  • What's imperative for the organization's survival today?
  • What are the board's goals? How will they change in the coming quarters and years?
  • What are realistic short- and long-term projects? If a priority isn't currently realistic, what can be done to make it achievable?

Accountability should also be defined early on in the framework, keeping in mind that data governance will be more important than ever as you adopt a healthcare analytics culture.

Quick Win: Ditch the Jargon

Plan and create goals in language that is clear across all stakeholders. In many cases, this means eliminating broad stroke statements such as "we need to implement analytics" and replacing them with concrete items such as "we need to implement an analytic system that will allow us to increase our value-based reimbursement by 10% by the end of Q3." In both cases, analytics is driving organizational performance improvement in healthcare, but the latter can be faster and more successful because it is clear across players and has a measurable outcome.

Let McKesson Unlock Performance Improvement in Healthcare for your Organization

As an information technology company, McKesson is uniquely positioned to drive your organization to improve its overall performance on every level from data governance to compliance with CMS measures and beyond. McKesson healthcare analytics software and health data visualization tools, in concert with our healthcare data analyst services, are designed to get analytics to start driving decision making as quickly as possible.

For example, many healthcare networks are struggling with the transition economics of switching from fee-for-service to value-based reimbursement models. McKesson can help evaluate performance across both payment models in order to:

  • Model your readmissions to determine your penalty vs. revenue tipping point
  • Reduce hospital-acquired infections
  • Improve overall financial performance and determine when to go "all in" on value-based reimbursement

Learn more about how healthcare analytics software can help your organization achieve considerable performance improvement in healthcare.

Next: Use Data Aggregation to Create a Single Source of Analytics Truth

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