As healthcare organizations strive to improve care, value and the overall patient experience, data is increasingly an essential ingredient to unlocking innovation and resources. In healthcare, analytics is used not only to measure and track outcomes but also to predict them. So far, value-based care payment models have been a major driver of predictive analytics in healthcare, says Brian Murphy, director of research at Chilmark Research. Value-based care is a newer payment model that has been filled with unknowns and uncertainties and reluctance on the part of providers, Murphy says. A little bit of analytics and reporting can certainly help dispel some of that. Heres whats happening now with predictive analytics that could really push the needle forward in healthcare.
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