– Considering that the phrase “value-based care” is almost always immediately followed by a discussion about how to trim inefficiencies and improve patient outcomes, few industries are more in need of comprehensive insight into their operations than the healthcare sector.
Business intelligence, defined by Gartner as “an umbrella term that includes the applications, infrastructure and tools, and best practices that enable access to and analysis of information to improve and optimize decisions and performance,” is essential for helping healthcare providers gain visibility into opportunities for improvement.
As with so many other industry buzzwords, however, such an all-encompassing definition is unhelpfully broad. Healthcare organizations have very quickly learned that they cannot simply snap their fingers and instantly access all of the data, reporting, and decision support they need to foster an intelligent business.
Instead, they must take a measured, piece-by-piece approach to the synthesis and analysis of clinical,