Health System Execs Say Analytics is the Top IT Priority

Analytics is a prerequisite for all of the major initiatives currently underway to address value-based care.

A new survey of senior information technology executives at some of the nation’s largest health systems reveals that their top priority for IT infrastructure investment is analytics – a technology that is central to achieving the systematic quality improvements and cost reductions required by healthcare reform. Survey respondents provided a high-level view of the many competing priorities for IT investment that hospital leaders face in the era of “value-based care” – a term describing elements of the Affordable Care Act as well as private industry incentives that reward providers for improving their patients’ health.

Most experts agree that value-based care will require hospitals to use sophisticated analytics to comb through terabytes of clinical and financial data to reveal actionable opportunities for improving quality and efficiency. The survey’s findings confirm that view, with 54 percent of respondents rating analytics as their highest IT priority, followed by investments in population health initiatives (42 percent), ICD-10 (30 percent), accountable care/shared risk initiatives (29 percent), and consolidation-related investments (11 percent).

Follow us on Twitter: @ironSageGroup

About Patriot Labs Health

Patriot Labs Health is a premier provider of performance improvement, health information technology, and clinical transformation solutions for hospitals, health systems, and ACOs. By partnering with clients, Patriot Labs delivers solutions that improve quality, increase revenue, reduce expenses, and enhance physician, patient, and employee satisfaction across the healthcare enterprise. Client segments include leading national and regional integrated healthcare systems, academic medical centers, community hospitals and physician practices. Learn more at Patriot Labs Health or follow us on Twitter: @ironSageGroup.

About Patriot Labs

Patriot Labs helps clients in diverse industries leverage technology, transform the enterprise, develop business intelligence, integrate complex data, improve performance, reduce costs, optimize workflows process, and stimulate growth. Our professionals employ their expertise in strategy, technology, operations and business development to provide client-tailored services and solutions that deliver sustainable and measurable results.

Patriot Labs is committed to helping both innovative solution providers and enterprise clients succeed. For large enterprises, we dramatically accelerate delivery of industry innovations, nextgen technologies and transformational business solutions. For technology providers, we accelerate business development efforts, from market vision – to solution demonstration – to large customer acquisition. We counts as clients leading corporate enterprises, government agencies, research organizations, and emerging technology companies. Our technology development and deployment collaborations support a wide range of industries, including: education, energy, environment, financial services, healthcare, manufacturing, pharma, transportation, and many more. To learn more about Patriot Labs, contact us: email | phone 202.643.4766 | twitter: @ironSageGroup

.

Source: Patriot Labs

Patriot Labs Media Contact:
Marlissa Hudson
marlissa@Patriot Labs.com

Patriot Labs Health Contact
Jed Batchelder
jed@Patriot Labs.com

# # #