05 Sep Health Catalyst: Hospitals hungry for predictive analytics but only 30 percent use the tech today
Nearly 80 percent of hospital executives indicated that predictive analytics could help them significantly boost care, yet only 31 percent have been using analytics for more than a year, according to a Health Catalyst survey.
The top priority for predictive analytics: 58 percent of respondents agreed that using predictive analytics to alert caregivers about interventions that may prevent health declines among high-risk patients is the most critical reason to use the tools.
The second and third ranked priorities went to predicting financial outcomes (such as patient cost or likelihood of patients to pay their bills) and improving the ability of providers to negotiate contracts with insurers, respectively.
“Survey findings point to a growing need within the provider community for solutions that help to identify long-term rising-risk patients who are on their way to becoming high-cost consumers of healthcare,” Levi Thatcher, director of data science at Health Catalyst, said in a statement.
Read full article by Bernie Monegain at Healthcare IT News>>