Health Analytics Show Promise, but Organizations Lack Strategy

 Many organizations still lack a clear strategy, an effective data governance model and effective budgeting models, a recent Deloitte study indicated.

Health system spending on analytics aligns with reported success in analytics, and respondents agree that analytics investment is essential for value-based care (VBC), according to a survey from the Deloitte Center for Health Solutions.

However, many organizations still lack a clear strategy, an effective data governance model and effective budgeting models, the study indicated.

The survey targeted CIOs, chief medical informatics officers (CMIOs) and senior technology leaders in health systems, academic medical centers (AMCs), and large (revenue greater than $500 million) individual hospitals.

Fewer than half of survey respondents reported having a clear, integrated analytics strategy, while about one in three reported they do not know their organization’s total spending on analytics.