H&HN February 14, 2017
Without good data, you don’t know your costs and your care quality
Health care providers are under growing pressure to better manage the quality and efficiency of care, address an often bewildering array of new payment approaches, establish a continuum of care and ensure the health of a population.
They must be able an answer questions such as:
- Is there too much variation in our care practices?
- What is the return on investment of a capital purchase?
- Can we afford to sign this managed care contract?
- Where should we focus our cost reduction initiatives?
- Are we enhancing our ability to serve market needs?
- Do our care processes follow established protocols?
Answering these questions requires information technology: electronic data...