Posts From July, 2017

3 ways to get buy-in for predictive analytics tools  

analytics

Predictive analytics promise better outcomes and lower costs—but they can’t deliver if the tools aren’t being fully embraced.

Getting service line leaders and physicians to use predictive analytics is sometimes more difficult than you’d think, even though the National Academy of Medicine says one-third of the U.S. healthcare system’s resources—$750 billion each year—is spent on unnecessary services and inefficient care. So what’s standing in the way of getting buy-in when it comes to the kind of tools specifically designed to reduce wasteful spending?

Meetali Kakad, Ronen Rozenblum and David Westfall Bates, writing for the Harvard Business Review, interviewed 34 key figures from leading U.S. health systems, policy makers and predictive analytics vendors to find out how to get more buy-in. Here are some of the lessons learned:

1. Engage everyone. “Success depends less on the tool itself than on getting buy-in at all levels from the start,” they wrote. This includes making sure frontline employees fully understand the value of these analytics, as well as ensuring your CEOs and top leadership are educated and fully grasp the value proposition to generate support. 

2. Communicate the value. “Demonstrating the clinical impact of a predictive tool can go a long way toward engaging those who will use them,” the authors say. Giving real examples that are results-oriented is especially helpful for clinical staff who may be skeptical of “black box algorithms.”

3. Bring in the experts. The use of implementation experts to help everyone adjust gives you a marked advantage, according to the authors’ findings. These experts can work with clinicians to map workflows and spot potential challenges when introducing a new process or tool.

LUMEDX, the leader in cardiovascular data intelligence and a pioneer in cloud-powered healthcare solutions, offers a comprehensive suite of software and services that enable meaningful analytics, high-performance workflows, optimal integration of clinical and HIS data, and improved continuity of care.

For more information on LUMEDX HealthView solutions, please visit www.lumedx.com or email info@lumedx.com.

Posted by Jana Ballinger Tuesday, July 18, 2017 9:15:00 AM Categories: analytics data health information technology

How real-time analytics can lead to better outcomes, lower costs  

The United States health care system consistently racks up higher costs but fails to produce better outcomes, according to Mirror, Mirror 2017: International Comparison Reflects Flaws and Opportunities for Better U.S. Health Care.

Eleven of the world’s most prosperous nations—Australia, Canada, France, Germany, the Netherlands, New Zealand, Norway, Sweden, Switzerland and the United Kingdom, plus the United States—are included in the most recent report from the Commonwealth Fund. The United States is last in efficiency; the U.S. spent $9,364 per person on healthcare in 2016, compared to $4,094 in the U.K., which ranked first on performance overall.


Praveen Lobo, LUMEDX Vice President of Strategic Products, talks about the importance of
near real-time data analytics.

With physicians and service line leaders alike working on the front lines to improve this, having near real-time data analytics available at your fingertips is paramount, says Praveen Lobo, vice president of strategic products at LUMEDX.

“When you want to improve your core parameters that you’re playing with—your outcomes and your costs—the sooner you know information about these two key metrics, the better you can affect change,” Lobo says.

Waiting for monthly or quarterly reports just isn’t an option anymore. “Retroactive data is delayed,” he says, adding that by the time reports come out so much has happened and “there’s already a lot of money that has bled by that time.”

LUMEDX helps heart hospitals collect point-of-care data and delivers actionable insights, facilitating better clinical decision-making and helping to improve business operations through increased efficiency and cost savings. For more information about LUMEDX’s approach to cardiovascular performance improvement, request a Complete Cardiovascular Performance Plan Info Pack.

Posted by Jana Ballinger Monday, July 10, 2017 9:32:00 AM Categories: analytics data
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