Analytics in Healthcare and the Life Sciences: Strategies, Implementation Methods, and Best Practices (FT Press Operations Management)
Use New Analytics Techniques to Improve Clinical and Business Outcomes in Any Healthcare Organization • The most comprehensive, actionable review of the current science and practice of healthcare analytics• Go beyond “big data” to the right data—and from providing answers to asking the right questions• From the International Institute for Analytics, the world’s premier analytics research organization Healthcare has remained behind the curve in using information to improve clinical and business outcomes. Now, pioneers in the field address this problem head-on, showing exactly how to apply today’s best analytics techniques to address issues ranging from medical errors to cost reduction. Analytics in Healthcare and the Life Sciencesdemystifies today’s most promising analytics approaches, presenting new healthcare case studies that show them at work, reviewing the results, and candidly discussing the challenges faced by implementers. You’ll learn how to apply analytical methods to healthcare-specific challenges including inefficiency, poor outcomes, affordability, access disparities, lack of customer focus, weak connections between operations and strategy, and more. Dwight McNeill’s expert solutions and guidance will be invaluable to decision-makers, professionals, and analysts in any healthcare-related organization—from providers to insurers, life sciences firms to government agencies.  Today, the healthcare industry struggles with poor clinical outcomes, efficiency, and customer engagement. Organizations face hypercompetitive market pressures and radical changes in financing, payment and delivery driven by forces such as the Affordable Care Act. Analytics can help you overcome every one of these challenges. To date, however, few healthcare organizations have successfully applied the breakthrough tools and techniques now available. Now, Dwight McNeill and the field’s leading experts thoroughly review state-of-the-art advances in healthcare analytics and help you apply it to your most urgent challenges. The authors begin with an up-to-the-minute overview of the analytics landscape in healthcare and the life sciences. Next, they turn to strategies, frameworks, and challenges, addressing issues ranging from business value to privacy. Building on this foundation, they present specific implementation methods that leverage EHRs, insurance exchanges, and meaningful use; improve compliance with care standards; and strengthen linkages between compliance and clinical outcomes. You’ll discover best practices implemented by eight bellwether private and public-sector organizations, including providers, payers, and a leading life sciences firm. The book concludes with a preview of the future of healthcare analytics, and showing analytical professionals how to “be the change” they want to galvanize. • Use advanced analytics to take action for members’ and patients’ healthImprove clinical quality, patient safety, and the effectiveness of prevention initiatives • Identify your best opportunities to reduce costs and improve market shareSystematically link decisions, investments, and strategies to organizational performance • Drive more value from your information technology investmentsMore fully leverage the data and systems you’ve already bought and paid for