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.

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.

December 13, 2019
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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.

November 1, 2019

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.

 

July 18, 2019

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.

July 5, 2019
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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.

May 22, 2019

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.

September 26, 2018
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Humana launches digital health, analytics initiative

Healthcare services and insurance provider Humana has launched a digital health and analytics initiative, including a new Boston-based center and 250 new hires in the next five years.

August 28, 2018

The hot topics of HIMSS18: AI, Amazon and analytics

Tens of thousands of healthcare professionals will be heading to the 2018 Healthcare Information and Management Systems Society (HIMSS) conference in Las Vegas in a few days. Last year’s conference was dominated by talk about the promise of artificial intelligence and what Congress was going to do with the Affordable Care Act—so what will health IT leaders be talking about this time around?

February 27, 2018

Around the web

In addition, cardiologists average an additional $75,000 per year in incentive-based bonuses. That number is only higher for two other specialties. 

CMS has issued its proposed rule for the 2025 Medicare hospital inpatient prospective payment system, suggesting a payment increase of 2.6%. According to the American Hospital Association, this update would not be enough at a time when hospitals are already struggling to stay open. 

The rumors, it seems, were true. Once the deal is finalized, Shockwave Medical will operate as a business unit within Johnson & Johnson MedTech.

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