Director Robert Altman once compared making a movie to chipping away at a boulder. “You know that there’s something in there, but you’re not sure exactly what it is until you find it,” he said.
It’s an apt analogy for hospitals and other healthcare providers looking to uncover insights in massive slabs of data in the healthcare landscape—in their electronic health records (EHRs), clinical and financial systems.
In order to sculpt out a strategy that supports better health data decisions, hospitals should take some lessons from the data masters across other industries.
The Keys to Better Health Data Insights
Several years ago, global research and consulting company McKinsey noted that data-driven strategies represent the competitive differentiators between leaders and laggards across six data-rich industries. What factors do organizations that excel at leveraging data have in common?