Will healthcare business intelligence (BI) be the answer that hospitals are looking for as they move to data-driven healthcare improvements and cost reductions? Yes … provided it’s built on the foundation of a data warehouse. Here’s why.
Healthcare is changing rapidly and so is the industry’s need for analytics and business intelligence, which brings up a problem: what exactly IS healthcare business intelligence? The term itself has multiple meanings and can be difficult to define, which leaves organizations that know they need a solution wondering exactly where to turn.
The trouble stems from the overuse of the term “business intelligence.” Sometimes business intelligence refers to a broad category of analytics, data warehousing and visualization tools, all of which are must-haves for any long-term and sustainable analytics foundation. Other times, business intelligence tools are linked to the visualization layer only – those tools that take the data and return