Care Analytics Bulletin
Complimentary from the publishers of Care Analytics News                    August 2019
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Quote
  "The healthcare market is a prime target of hackers looking for PHI [personal health information]. The lack of cybersecurity expertise is prompting healthcare IT organizations to seek managed support, which, in turn, is accelerating the move to cloud-based computing services.”
- Mike Jude, Digital Health Research Manager, Frost & Sullivan.

 
Factoid
  In a recent study conducted by Olive AI, only half of hospital leaders interviewed said they were familiar with the concepts of artificial intelligence or robotic process automation [AI/RPA]. While 23% of hospital leaders plan to invest in AI/RPA today, half intend to do so within two years.

Source: Olive AI, August 6, 2019
 
Readmissions Video

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Getting to the Wrong Answer Faster with Your Analytics: Shifting to a Better Use of AI in Healthcare

Wrong conclusions in your analytics can cause waste and disillusionment, not to mention suboptimal outcomes that may take months or even years to recover from. But analytic analysis isn’t about perfection—it’s about getting to the right answer by quickly getting to the wrong one. In this interactive webinar, Jason Jones, chief data scientist at Health Catalyst, walks through scenarios that illustrate how commonly used analytic methods can lead analysts and leaders to the wrong conclusions, and shares how to course correct if this happens to you.

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Society of Actuaries: Biggest Challenge to Implementing Predictive Analytics in the Next 5 Years, per Survey of Healthcare Execs

1. Lack of skilled employees: 13%
2. Regulatory issues (e.g. HIPAA): 12%
3. Too much data: 12%
4. Incomplete data: 11%
5. Lack of sufficient technology: 11%
6. Lack of budget: 10%
7. Lack of confidence in its accuracy: 8%
8. My organization won't face any barriers: 7%
9. Patient matching: 6%
10. Lack of executive support: 5%
11. Don't know/not sure: 5%
12. My organization won't be implementing predictive analytics in the next 5 years: 0%
13. Other: 0%.

Source: Society of Actuaries

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This Month in Care Analytics News
  • Analytics Innovation
  • Market Reports: Report Examines Global Referral Management Market; US Healthcare Cybersecurity Market to Reach $8.70 Billion by 2023
  • Fortified Horizon Report: Hacking, Healthcare Continue to Lead Cyberworries
  • Washington Watch: HHS OIG Finds ACOs Assaying Various Ways to Use IT
  • Movers & Shakers
  • Deloitte to Plans re: Data: ‘Automate, Coordinate’
  • Industry News featuring: DrFirst; The Garage; Talix; HealthTrio; SpectraMedix; Cerner; Cardinal Analytx; Net Health
  • Click here to subscribe to Care Analytics News, or find out more

     
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