By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Health Works CollectiveHealth Works Collective
  • Health
    • Mental Health
    Health
    Healthcare organizations are operating on slimmer profit margins than ever. One report in August showed that they are even lower than the beginning of the…
    Show More
    Top News
    How Not to Become a Victim of Medical Scams
    How Not to Become a Victim of Medical Scams
    December 22, 2021
    11 Ways You Can Care for Your Elder Family Members Health
    11 Ways You Can Care for Your Elder Family Members Health
    April 6, 2022
    How Can Brain Injury Lead To Dangerous Long-Term Effects?
    How Can Brain Injury Lead To Dangerous Long-Term Effects?
    August 30, 2022
    Latest News
    The 6 Most Common Injuries Resulting from Motorcycle Accidents
    January 30, 2023
    6 Essential Strategies for Improving Your Medical Practice
    January 25, 2023
    Staying Positive While Living with Mesothelioma
    January 24, 2023
    The Many Health Benefits of Being Outdoors
    January 17, 2023
  • Policy and Law
    • Global Healthcare
    • Medical Ethics
    Policy and Law
    Get the latest updates about Insurance policies and Laws in the Healthcare industry for different geographical locations.
    Show More
    Top News
    Image
    Mobile Health Around the Globe: mHealth India Plans 2012 – Part I
    May 29, 2012
    racial disparity
    Racial Segregation, Hospital Quality, and Disparities in Surgery
    June 25, 2013
    Health Workers Mobility Around the World
    October 17, 2012
    Latest News
    Why Is a Referenced Based Pricing Tool Necessary?
    February 3, 2023
    Simplifying the Genetic Testing Process: How At-Home Kits are Changing the Game
    January 25, 2023
    9 Hospitals That Have Introduced Green Initiatives
    February 1, 2023
    Why a Health Retreat Can Be the Best Medicine
    January 12, 2023
  • Medical Innovations
  • News
  • Wellness
  • Tech
Search
© 2023 HealthWorks Collective. All Rights Reserved.
Reading: 5 Questions Every Healthcare Executive Should Ask Before Implementing Data
Share
Sign In
Notification Show More
Latest News
Why Is a Referenced Based Pricing Tool Necessary?
Health care
struggling with addiction
6 Signs Someone You Know Is Struggling With Addiction
Addiction Addiction Recovery
regrow teeth naturally
Advances in Stem Cell Research Can Help Regrow Teeth Naturally
Dental health
air pollution and cancer
The Proven Links Between Air Pollution and Cancer
News
investing in senior care
5 Reasons Why Investing in Senior Care Is a Wise Choice?
Senior Care
Aa
Health Works CollectiveHealth Works Collective
Aa
Search
Have an existing account? Sign In
Follow US
  • About
  • Contact
  • Privacy
© 2023 HealthWorks Collective. All Rights Reserved.
Health Works Collective > Business > Hospital Administration > 5 Questions Every Healthcare Executive Should Ask Before Implementing Data
BusinessHospital AdministrationTechnology

5 Questions Every Healthcare Executive Should Ask Before Implementing Data

ashasaxena1
Last updated: 2015/02/02 at 9:00 AM
ashasaxena1
Share
6 Min Read
health data implementation
SHARE

health data implementationData is enticing. From a distance, it seems to glimmer like a promised land of heightened knowledge, greater insight, and success. Amid the pressures of change in the healthcare industry, it’s no wonder there’s a race to implement data practices — everyone is trying to keep up with competitors and adapt to new rules and regulations. 

health data implementationData is enticing. From a distance, it seems to glimmer like a promised land of heightened knowledge, greater insight, and success. Amid the pressures of change in the healthcare industry, it’s no wonder there’s a race to implement data practices — everyone is trying to keep up with competitors and adapt to new rules and regulations. 

But simply waiting for your IT team to roll out the latest technology isn’t going to help you bring value to your healthcare facility. After all, technology is merely the vessel where big data sits ready to be applied to your organization. If you don’t know where you’re going or what you aim to achieve, there’s little value in spending the time reaping it.

Your IT team might be first-rate at analyzing data, but it’s you — the leader — who needs to be taking the lead when it comes to making that analysis valuable by aligning it with your organization’s overall goals.

More Read

HR staff must deal with divisive views in healthcare

HR Must Navigate Polarizing Views in Healthcare Workplaces

Should Hospitals Use SASE or Traditional Network Security?
Patient Tracking Systems: Improving Facilities for Patients and Medical Staff
Building Telemedicine System: Features and Tips
The Technology and Services You Need to Open Your Own Counseling Office

You Need Goal-Driven Data to Bring Value

Of course, it’s tempting to rush into new tech implementations. Most organizations are used to their traditional system, so rather than seeking out unfamiliar but better changes, they’d prefer to make tweaks to their existing systems. But in doing so, they aren’t thinking about innovative ways to improve patient care; they’re just trying to keep up with competitors. 

This isn’t totally their fault. Healthcare is going through a particularly complicated structural evolution right now. The Affordable Care Act brought about hoards of new regulations and measures. Now organizations are reimbursed differently for different kinds of patients and according to the quality of care they provide (e.g., level two for flu, level five for a head injury, etc.). Measuring the value of each case is a tricky balancing act.

Organizations also suffer financial penalties for high readmission rates and other metrics, driving them to compete with other organizations. With hospitals running on such tight budgets, it pays to be able to analyze value-based metrics and maintain profitability while ensuring quality in patient care.

Uncover Your Aims to Drive Your Data 

The word “value” is crucial, and its meaning differs depending on the organization. That’s why your metrics need to be directly aligned with your specific, unique goals. But to set the right goals, you need to ask some tough questions:

1. What is your top priority as an organization? Do you want to be a general hospital or a specialty hospital that emphasizes cancer care or OB-GYN services? If you want to be one of the top cancer centers in the country, you’ll need to prioritize your data analysis accordingly and actively measure the quality of care for cancer patients.

2. Where are the holes in your strategic plan? Are there areas in which your plan is hazy or insufficient? Find out what information you need to be able to fix these weak spots. If you need outside consulting or training, discover that need before you go any further with data.

3. How do you want to grow? Do you want to expand, or do you want to pivot into another area of specialization? Whatever the case, you need to implement tech based on your specific growth area. Start looking at performance metrics that specifically align with your goals so you can zero in on your organization’s future.

4. What do you excel at, and what do you struggle with? You need to be aware of where you’re failing to utilize the right data metrics to help you achieve your goals. Do your patients consistently give you high scores for room quality? Is your readmission rate higher than it should be?

5. Are you happy with your current tech solutions? How is tech already used and understood in your organization? If there’s a level of confusion about it, you might need to adjust your goals to include improving your current tech processes to allow for better goal-driven data analysis.

Once you’ve identified your goals, you can build your overall strategy around them. Then, you can implement a data strategy based on the areas you want to excel in. If you don’t keep your data strategy in alignment with your goals, its real value will escape you. So embrace the changing climate and fight uncertainty with clear goals. Your patients will thank you for it.

health data / shutterstock

TAGGED: Health IT

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
ashasaxena1 February 2, 2015
Share this Article
Facebook Twitter Copy Link Print
Share
Previous Article Remembering the Guy Who Made Me Look Good
Next Article icd-10 preparation ICD-10: Where Do We Go From Here?

Stay Connected

1.5k Followers Like
4.5k Followers Follow
2.8k Followers Pin
136k Subscribers Subscribe

Latest News

Why Is a Referenced Based Pricing Tool Necessary?
Health care February 3, 2023
struggling with addiction
6 Signs Someone You Know Is Struggling With Addiction
Addiction Addiction Recovery February 2, 2023
regrow teeth naturally
Advances in Stem Cell Research Can Help Regrow Teeth Naturally
Dental health February 1, 2023
air pollution and cancer
The Proven Links Between Air Pollution and Cancer
News February 1, 2023

You Might also Like

stablecoins in healthcare
News

Stablecoins May Change the Future of Healthcare Billing

January 30, 2023
The Future Of Medicine: How Immunotherapy Is Saving Lives
Technology

The Future Of Medicine: How Immunotherapy Is Saving Lives

January 26, 2023
medical practice and technology advancement
Technology

6 Essential Strategies for Improving Your Medical Practice

January 25, 2023
green hospitals
Hospital Administration

9 Hospitals That Have Introduced Green Initiatives

January 20, 2023
//

We influence million of users and is the most authentic source of information on healthcare business and technology news.

Quick Links

  • About
  • Contact
  • Privacy
Subscribe

Subscribe to our newsletter to get our newest articles instantly!

Follow US

© 2008-2023 HealthWorks Collective. All Rights Reserved.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?