Use Your Data for Strategic Impact on Value

We live in a world overflowing with data. I’ve written before about big data and the danger of focusing on data to the exclusion of driving meaningful insights. Without using data effectively, we can’t affect positive change.

The HealthLeader’s report, Impactful Analytics: Driving Clinical, Financial, and Cultural Change had some excellent insights on how healthcare organizations can utilize data to drive meaningful change and create value. HealthLeaders noted: “Developing operational and strategic imperatives from all that data is dependent upon analytics…Leaders are making critical decisions on the tools that will help them make sense of their data to not only drive smart clinical decision-making, but to allocate scarce resources toward gaining efficiency and competing on cost.”