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How to Determine ROI on Your Healthcare Data Analytics System

First, establish a baseline data set at system implementation

Brooke Pierce
Tue, 05/17/2016 - 16:34
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The healthcare industry is in a state of constant change, and with change comes opportunity. With the passage of the Affordable Care Act (ACA) and the Medicare Access and CHIP Reauthorization Act (MACRA), healthcare providers are, or will be, paid differently for their services. No longer can they rely on the volume of services rendered to generate sustained income.

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With the transition from volume-based payments to value-based payments, many health systems are investing in data analytics platforms to help expose cost savings, as well as uncover hidden revenue. But is investing in data analytics worth the cost?

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