In this webinar Laura Madsen provides an overview of her new book, "Healthcare Business Intelligence: A Guide to Empowering Successful Data Reporting and Analytics."
Increasing regulatory pressures on healthcare organizations have created a national conversation on data, reporting and analytics in healthcare. Behind the scenes, business intelligence (BI), business analytics, and data warehousing (DW) capabilities are key drivers that empower these functions.
2. Introductions
Laura Madsen, M.S.
Principal Healthcare Leader, Speaker, & Author
"Healthcare Business Intelligence: A Guide to
Empowering Successful Data Reporting and
Analytics.”
David Morris
Big Data Analytics Marketing – Cetas, By VMware
dmorris@vmware.com
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3. Big Data Thought Leadership Webinar Series
Today’s Big Data Thought Leader:
Laura Madsen, M.S.
Founder of the Healthcare Business Summit
International Healthcare Business Intelligence Speaker & Author
Leads the Healthcare Practice for Lancet, a leading BI consulting firm
Initiated and supported dozens of BI initiatives and worked with more than 50 health
plans
Her most recent work is “Healthcare Business Intelligence: A Guide to
Empowering Successful Data Reporting and Analytics.” - Available on Amazon
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4. Agenda
• The impact of business intelligence and big
data on healthcare
• How to streamline regulatory reporting
pressures
• How to sidestep the top 10 most common
mistakes
• Top future trends in Healthcare business
intelligence
7. Stats 101
Population - all people, objects, or events that are of interest.
Populations are usually defined by one or more specific characteristics. For
example, we might be studying the population of all diabetics, which is
defined as all individuals currently diagnosed with Type 1 or Type 2 diabetes.
http://www.mikeraulin.org/graziano7e/default.htm
Research Methods, 7th edition.
Sample
Population
14. Don’t do this!
10. Make a consultant the leader of your program
9. Underestimate the importance of ETL
8. Ignore the value of Data Governance
7. Forget to manage the project
6. Fail to incorporate business users
5. Overlook Change management
4. Disregard Release cycles
3. Don’t neglect your staff
2. Ignore the Maintenance
1. Forget to deliver value
18. Big Data Thought Leadership Webinar Series
Questions & Answers
Laura Madsen — Principal
Healthcare Leader, BI Evangelist,
Speaker, & Author - @lbmadsen
lmadsen@lancetsoftware.com
952-230-9299
Twitter: @lbmadsen
Blog: http://blog.lancetsoftware.com
BeyeNetwork, co-host of the Healthcare
Available on
Channel
Amazon
www.cetas.net/webinars
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19. Big Data Thought Leadership Webinar Series
March’s Big Data Thought Leader:
Wayne Eckerson
“Secrets of Analytical Leaders: Insights from
Information Insiders”
Imagine spending a day with top analytical leaders and
asking any question you want. In this book, Wayne
Eckerson illustrates analytical best practices by weaving
his perspective with commentary from seven directors of
analytics who unveil their secrets of success. With an
innovative flair, Eckerson tackles a complex subject with
clarity and insight.
Eric Colson – Stealth Startup – Formerly Netflix Ken Rudin – Facebook
Dan Ingle – Kelly Blue Book Darren Taylor – Cobalt Talon
Tim Leonard – U.S. Xpress Enterprises Kurt Thearling – Vertex Business Services
Amy O’Conner - Nokia
Register Today, as space is limited for this premium webinar
www.cetas.net/webinars
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20. Sign-up today for FREE Analytics @ www.cetas.net !
Cetas Big Data Analytics Free Trial
Monetize Your Big Data Today!
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The buzz is nearly deafening. Its important for us to understand what is real, and what is just marketing talk.
A report by the McKinsey Global Institute claims a $300 billion annual value to the US healthcare system for just big data analytics. They find this value not in process improvements but in the value of using the data to make modifications to the care we provide. This macro view of data allows us to view patients not as a one-time instance but as a lifetime of history, combined with related patients and their lifetime of history.
The ability to analyze large datasets for little known diseases or variations means that we can improve the outcomes of certain conditions. The opportunity to compare behavioral data with clinical data can show us the propensity an individual has in developing a condition (i.e. diabetes) or even tailoring the delivery of care to the individual based on certain preferences.
Regardless to how much you have, you must ensure that there is value in managing and storing these enormous amounts of data. With the data storm swirling around us we must ensure that the data is analyzed and used in a way that will benefit patients and the healthcare system positively, not just add more stuff for us to do.
Big data has the potential to just be a bigger headache. Noisy data can take over and you have the potential to get lost in the process improvements before gaining any real insight. Know what you are measuring, invest in data that’s valuable and ignore the stuff that doesn’t have tangible, specific value tied to it.
Regardless to whether you are a payer or provider, regulatory reporting is a large demand on your reporting resources. You have to chose, pick which one seems like an easier path.