The Importance Of Technology In Data Driven Healthcare Models

As insurance companies are pushing medical facilities to lower costs through the implementation of lower reimbursement rates, it is more crucial than ever for practice managers to take steps to meet their demands. Not doing so will not only cause them to miss out on future expansion opportunities, but it will drastically impact the quality of care that practitioners deliver. Luckily, there are a variety of software solutions that are designed to improve the accessibility and transparency of data and streamline the process of transitioning to an analytics healthcare model.

Fast Access

A doctor often has to make life-saving decisions in a matter of minutes and waiting around for the information to make these decisions may lead to devastating outcomes. Rather than wasting time looking at information in a variety of different databases, consider switching this information into one easy to use database portal. It will allow doctors to quickly glean the data they need when creating treatment plans, and help secure more positive results.

Compiled Medical Histories

People of all ages move around and visit different doctors over the course of their life, which complicates the process of obtaining a medical history. Software solutions that tie different medical practices together help streamline the data transfer process and provide a physician with past, current, and familial medical information. Not only does this allow a physician to be more diligent when creating a treatment plan, but it helps stave off a variety of future complications.

Population Statistics

A fast-growing trend in healthcare is the use of population statistics to help weed out treatment options that are proven to be less than adequate. By looking at what has worked for similar patients in the past, a physician may bypass a variety of common mistakes and help restore health to a patient as quickly as possible. The use of population statistics saves a great deal of time and money and helps increase overall discharge rates.

If a company is struggling to make sense of a data-driven healthcare model, there is help available. Health Catalyst is a leader in analytically based healthcare and has helped hundreds of companies develop a plan to remain successful and viable in the future. Contact them today to learn more and discover the key to higher profits and reduced expenses.