Improve Care Quality, Reduce Costs with Effective Analytics Use

Maximize the value of patient data and engage patients with an analytics strategy Treatment costs for people with one or more chronic conditions account for a staggering 86% of U.S. healthcare dollars, including $176 billion to care for the nation’s 29 million diabetics.1 Among patients treated for heart failure, 25% are re-hospitalized within 30 days and 50% within six months – creating an additional $17 billion in direct costs per year. New value-based reimbursement models that prompt providers to improve patient outcomes and deliver more cost-effective care are forcing clinicians to seek ways to improve the health of people with chronic conditions and minimize the need for expensive hospital care. Big Data Challenges The widespread adoption of mobile devices and wearable sensors as well as the growing use of remote monitoring…


Link to Full Article: Improve Care Quality, Reduce Costs with Effective Analytics Use