Category Archives: Healthcare
EMR vendors have long encouraged that their EMR and business intelligence capabilities negate the need to have a plan to integrate data or implement a separate data warehousing and business intelligence. This philosophy begs the question – how can one transactional clinical application support the intelligence needs of an enterprise? Consider customer relationship management data for feeding customer driven marketing initiatives, time tracking data full of valuable employee utilization stats, payer claims data and newly acquired practices running an EMR independent of Epic… just to name a few.
With the recognition that an EMR accounts for only a fraction of the data needed for reliable and comprehensive business intelligence comes requirements to reconcile terminology and data quality standards across an increasingly large set of trading partners and stakeholders, to access data from other sources (like payroll, CRM and claims) and to migrate clinical data from legacy applications.
In fact, business intelligence and analytics are dependent on data from across the enterprise. Most clinical and financial decisions are dependent on data; great potential lies within data – making it a valuable asset. This is not a new idea. What is a newer concept is what it means to really elevate data to the status of an asset. Unlocking the potential of data as an asset requires that healthcare organizations begin to think about and invest in data in new ways; making investments beyond traditional infrastructure like databases and data storage. Healthcare organizations must make investments in the ongoing management and improvement of the data itself as they do with any other asset, like talent, buildings or their EMR – for example understanding its quality and allocating people and systems to managing it. Moving faster in this competitive climate and delivering differentiated results requires it.
Check back next week for Part II which explores treating data as an asset further.
Join us this year at Informatica World!
We have a great line up of speakers and events to help you become a data driven healthcare organization… I’ve provided a few highlights below:
Participate in the Informatica World Keynote sessions with Sohaib Abbasi and Rick Smolan who wrote “The Human Face of Big Data” — learn more via this quick YouTube video: http://www.youtube.com/watch?v=7K5d9ArRLJE&feature=player_embedded
With more than 100 interactive and in-depth breakout sessions, spanning 6 different tracks, (Platform & Products, Architecture, Best Practices, Big Data, Hybrid IT and Tech Talk), Informatica World is an excellent way to ensure you are getting the most from your Informatica investment. Learn best practices from organizations who are realizing the potential of their data like: Ochsner Health, Sutter Health, UMass Memorial, Qualcomm and Paypal.
Finally, we want you to balance work with a little play… we invite you to network with industry peers at our Healthcare Cocktail Reception on the evening of Wednesday, June 5th and again during our Data Driven Healthcare Breakfast Roundtable on Thursday, June 6th.
See you there!
Last week, we hosted a webinar Realizing the Potential of Your Data with Ochsner Health System. Jonathan Stevenson, Director of Analytics, joined me for a dialogue on what they’ve learned in their early steps toward becoming an Accountable Care Organization.
We had a an interactive audience asking questions. A few of which, with their answers, are included below: (more…)
There was an interesting story that surfaced recently. Indiana University researchers found that a pair of predictive modeling techniques can make significantly better decisions about patients’ treatments than can doctors acting alone. Indeed, they claim a better than 50 percent reduction in costs and more than 40 percent better patient outcomes. (See a story by Derrick Harris over at GigaOM for additional analysis, and I will also cover this subject in greater detail in a forthcoming column in TDWI’s “BI This Week.”) (more…)
HISTalk published a recent interview with Ochsner Health System CIO, Chris Belmont. Chris and his team are great Informatica clients and I really like how he conveyed the benefits of making Informatica the data backbone of their Epic implementation. I can’t say it any better than Chris already has so I’ve extracted a few take-always below and you can read the entire interview here
On the importance of migrating legacy data into the new EMR: “Informatica was critical in getting us there. We learned on the first site. We thought it was a good idea to go in there with an empty slate and say, let’s just build it all from scratch and start with a clean slate. Let’s make sure the record’s in good shape. We quickly realized that was a bad idea. Not just in the clinical areas, but in the registration area.”
On the value of Application Retirement: “That’s going to be a big win for us. In fact, we’re targeting about $13 million in operational benefit when we turn off those legacy platforms. Informatica is going to allow us to get there.”
On not ever being 100% Epic: “We’re watching it, but frankly it will be a while – and I would argue never – that we’ll be 100 percent Epic. A lot of the data that we have that Informatica allows us to get our hands on and load into our warehouse is non-Epic data.”
On the nuggets Informatica is helping them to uncover: “We’re correlating a lot of data, not just from Epic, but I think right now we have like 25 different systems that we’re running through Informatica and into our warehouse. The gold nuggets that are coming out of that data are just tremendous.”
On challenges and opportunities: “It’s going to be, how do we do more with the data we have…having that data in a format that’s easily, quickly, and very accessible is going to be key. Gone are the days where you can throw an army of analysts in a room and say, “Give me this report” and you wait three weeks and they give you something that’s less than optimal. I think the days of, “Tell me what I need to know before I even know that I need to know it” — I think those are the days that we’re looking forward to. With the tools we have with partners like Informatica with their tools, I think we can achieve it.”
Meet Chris and his team in Informatica Booth 5005 during HIMSS 2013.
HIMSS 2013 — right time, right place, it’s on!
How can we gain market share? How can we effectively engage consumers through marketing? Our payer clients are telling us that they need to understand and use the data they have to answer these questions and create a competitive advantage.
Join Informatica in booth 5005 to learn how 84 of the Fortune 100 and >200 healthcare organizations are already powering their potential with data.
Think about this – you sit in meeting after meeting where everyone asks how do we compete better tomorrow? What can we do to differentiate ourselves? The first step in doing something better is understanding what you are doing today; being able to confidently state what’s working and what’s not. When it comes to competing for market share, most organizations can’t do this. We inadvertently continue behaviors which are high cost and low value instead of encouraging lower cost, higher value behaviors. Why when that seems counterintuitive? Because leaders don’t know which behaviors are delivering high value and which are not. They aren’t given complete and accurate data to analyze the results and costs. Further, decisions to change behaviors are made at an executive level but are hard to change on the front line.
Stop by booth 5005 during HIMSS. Informatica’s solutions unlock organizational potential with trustworthy data.
Learn more about the solutions in our booth by listening to this quick overview: Informatica HIMSS Overview
Any questions, let me know, otherwise I look forward to seeing you in NOLA!
Nothing tells a more compelling story than a happy customer. This is why we are excited to have Ochsner Health System join us during HIMSS. Jonathan Stevenson, Director of Analytics and Data Management, will be in Informatica booth 5005 sharing the Ochsner Health System accountable care plans, the analytics vision, success to date and lessons learned.
Ochsner Health System is Southeast Louisiana’s largest healthcare delivery network with eight hospitals, thirty eight health centers, over twelve-thousand employees and hundreds of applications. This data resides in disparate clinical and operational data silos. This is a challenge for an organization that has been chosen to be one of the early shared savings program participants. The requirements for success include knowing what’s happening with patients outside of the four doors of Ochsner, forming community best practices and knowing where patients are seeking care. (more…)
All the talk about whether or not healthcare organizations will adopt cloud solutions is much ado about nothing – the simple fact is that they already have adopted cloud solutions and the trend will only accelerate.
The typical hospital IT department is buried under the burden of supporting hundreds of legacy and departmental systems, the multi-year implementation of at least one if not more enterprise electronic health record applications to meet the requirements of meaningful use, all the while contending with a conversion to ICD10 and a litany of other never-ending regulatory and compliance mandates. And this is happening in an economic climate of decreasing reimbursements and flat or declining IT budgets. (more…)
We’ve been experimenting with this handy brainshark technology. It’s great because in 2-3 minutes I can give anyone a short, focused presentation that they can listen to when it’s a good time for them… saving the time it might take to read just one more thing. We’ve done that here with our HIMSS highlights – take a minute to check out what will be happening in Booth 5005 at HIMSS 2013. (more…)
I joined Informatica five months ago — it didn’t seem like the “I’m new here card” kept things slow for very long and now, being four weeks from HIMSS, I’m in the middle of a familiar flurry activity. Each year, I am reminded that times change, the location changes, where I am working may shift but some things stay the same. At the top of the stay the same list is the passion we all have for healthcare IT… oh, and the familiar faces I look forward to reconnecting with!
Let me tell you a bit about what we have planned for HIMSS 2013. In the coming weeks, we will make exciting product announcements so watch this space. As a precursor, download our latest whitepaper on Healthcare Data Management.
Next, and probably the highlight that I am most excited about, we have one of our customers joining us during the conference. With a prominent NOLA presence, Jonathan Stevenson, Director of Analytics at Ochsner Health System, will be in our booth. Jonathan will share the Ochsner analytics vision and accomplishments. Ochnser relied on the Informatica Platform to migrate data from 38 clinical applications into Epic and then designated Informatica as their enterprise integration platform. As they enter the next phase of their analytics journey, the platform plays a key role in enabling business, clinical and IT collaboration with the ability to streamline development and improve confidence through improved data quality.
We are also excited to increase our booth presence this year and with two partners joining us to exhibit their solutions. The first being HighPoint Solutions and the second being announced closer to the show. Together we will demonstrate joint offerings and examples of innovations in healthcare.
HIMSS would not be complete without social events. One in particular that I want to mention is a meet and greet reception, Monday, March 4th 6:00pm-8:00pm; we are co-sponsoring with dbMotion. If you’d like to attend, contact us via firstname.lastname@example.org. If you can’t meet us at our booth, please let us know and we’ll be happy to arrange a separate time to meet.
Watch this Ochnsner YouTube video and then stop by booth 5005 and learn how Informatica can help you to unlock the potential of your data. Stop by to find out how you can win daily cash prize giveaways.
As always, please feel free to post comments or questions.