Data Analytics

Hospitals and health systems use current and past data from its informatics systems to find trends, draw conclusions and identify the potential for improvement outcomes in patients and populations, and to support business decision-making. In patient care, data analytics can show areas  that need improvement, and bottlenecks to faster and more accurate diagnoses. On the business side, health system data can be leveraged to lower costs, maximize revenue, streamline and improve operations. Data is increasingly being used to look at the larger picture of population health to identify traits that can flag patients that may need additional resources to prevent readmissions. It can also help identify patients at high risk for some diseases that can be contacted about additional screenings for improved preventative care.

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Cigna using AI, analytics to monitor patient health

One of the world’s largest insurance providers is now using AI and data analytics to monitor patient data, deliver personalized messages and update electronic medical records for physicians.

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Software developer raises $40M from Goldman Sachs to expand analytics platform

LeanTaaS, a Santa Clara, California-based software company, announced the completion of a $40 million funding round courtesy of the merchant banking division at Goldman Sachs.

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Cardiology’s Challenge for the 2020s: Turning the Trend on Rising Mortality

The latest numbers on cardiovascular deaths put the focus on innovative ways to point the trend line down again.

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Paypal exec launches deep learning healthcare analytics company

A former executive from payment platform PayPal has launched a new deep learning health intelligence platform, Global Care Analytics, to provide claims-and-cost clinical data and predictive analytics for healthcare companies.

 

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UC Health hires first chief data and analytics officer

UC Health, an integrated academic health system based in Cincinnati, has named its first vice president and chief data and analytics officer. The creation of the executive position reflects the rising importance of data-driven strategies in healthcare organizations.

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Penn Medicine releases free AI tool for data analytics

AI is becoming more accessible to researchers of any age after The Penn Medicine Institute for Biomedical Informatics launched a free, open-source automated machine learning system for anyone to use, Penn AI.

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Data, analytics concerns top lists of challenges healthcare execs expect to face in 2019

Data and analytics were named the top challenge healthcare executives expect their organizations to face next year.

Waystar to Acquire Connance, Expanding Powerful Revenue Cycle and Predictive Analytics Technology for Health Systems and Hospitals

The combination of Waystar’s claims management, revenue integrity, denial and appeal management, and payments solutions and Connance’s vendor management and payment optimization solutions strengthens the revenue cycle platform.