HealthLeaders Media January 15, 2020
More hospital leaders have access to healthcare data analytics than in years past but most don’t use them.
Eighty percent of healthcare leaders said their use of data analytics for decision-making and strategic planning is “negligible,” according to a Black Book survey released this week.
The research found that 95% of hospitals and physician group executives have access to data analytics applications, up 32% since 2016, but most don’t utilize these decision-making tools.
Eighty-four percent of C-suite officers at provider organizations reported that the only used data analytics to a “limited or minimal extent.”
Health system CFOs who were surveyed expressed skepticism about the effectiveness of data analytics at their respective organizations.
Fifteen percent reported that analytics assisted in financial...