If you are like me, the more information that I can internalize the better. However, we can become bombarded by too much information, too much time dedicated to personal education, and too much time away from the things that are most important in our lives. Finding the balance between learning more, and finding the areas that will play a meaningful part of your life can be difficult. When you throw in the fact that a concept may seem intriguing to you, but may be better saved for another more appropriate time in your life, you must weigh the pros and cons. This is a dilemma that many may face in the next few months as anticipation and information is released from the Healthcare Analytics Summit 2015 (HAS’15) presented by Health Catalyst.
To help break past doing the pros and cons list, it is necessary to understand what the Summit is all about, and if the materials to be presented will fit into the appropriate category for you. For those of you who attended last year’s rousing success Summit, this may be a rehash because you already have a true grasp of who can benefit and what roles they play within an organization. For the others that were not able to attend, did not know about the Summit, or let the chance slip by you, I have located a good comprehensive list that details many facts.
Analytical strategies are not a new tool within an arsenal of a healthcare organization, however, the prominence has grown in popularity due to the ability to find data-driven planning and solutions. If you are tasked with understanding an array of data sources and analytical tools, yet you find yourself on the outside or scouring the internet to find ways to create meaningful reports, you are a good candidate to significantly grow in your position. The analytical strategies that will be addressed will include far-reaching clinical, operation, financial and administrative reporting demands. Contained within is an organized way of identifying, prioritizing, measuring and tracking financial changes as a means of reducing waste and overages.
As most of know, changes in life, especially in a well-established routine, can be difficult to make. There are some individuals who take to this task better than others, yet changes are necessary for the betterment of all involved. Sometimes it is vital that adoption of analytical strategies is accelerated as a means of moving away from inefficiencies and losses to a single-system version software that provides all mandatory and optional insights into how the organization is doing. When there are stragglers to the party, it makes it difficult to find comprehensive and accurate data. Correlations between data points requires all possible inputs to prove relationships (positive or negative).
I never guess. It is a capital mistake to theorize before one has data. Insensibly one begins to twist facts to suit theories, instead of theories to suit facts. ~Sir Arthur Conan Doyle
It is possible that you are on the other end of the argument and already have a system in place, but have reached a limit to the system’s scope. When a ceiling has been hit, it makes it challenging to find valuable data, to track complex data, and to make data-driven decisions. At one point, your system worked wonders, provided all the insight you may have needed, but when that system no longer works for you, getting out of that frustrating routine into a system that is ample enough for current and future needs can be make-it-or-break-it answer for your organization.
Adversely, organizations that are in the implementation stage with electronic medical records (EMR) are not candidates for these advanced approaches. It is the age-old adage that you must walk before you run, and is very applicable in this situation. If you are looking ahead to the future and wanting to employ a progressive system to your organization, make sure your foundational policies and procedures are established.
Furthermore, there are organizations that have gone well beyond the basics of analytical strategies and are working on a more predictive method of managing. These companies are not going to benefit from the information that will be presented at the Summit due to the fact that they have already applied the tactics. Although, there might be small aspects or qualities that would be new and helpful, overall, the Summit may be seen as remedial.
As a whole, there are many people within a single organization that would greatly benefit attendance at this year’s HASummit. To see a more complete list of the ideas and fundamental backgrounds that will be addressed at the Summit, please refer to the “Who Should Attend” page of the HAS-’15 conference. Also included within the HAS-’15 site is a recap of the highly-successful launch of the HAS-’14 conference, which you can browse.
You are the best one to assess your position and the demands that you have. If you fall into the criteria presented above, you may want to dive in more deeply to the specifics and register for the Summit before this passes you by once again.