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In this vertical industry business intelligence (BI) special report, we've compiled popular news articles, expert Q/As and case studies on implementing, managing and maintaining BI software in different industries. Learn about the latest BI trends and success stories in three major vertical industries — healthcare, finance and retail — and how your company can create and benefit from successful business intelligence initiatives.In this section, you'll learn the data management challenges hospitals and healthcare groups face and the actions some organizations have taken to improve their data mangement programs and processes. You'll also find expert advice and best practices and key data management definitions and terminology for the healthcare industry. More vertical BI reports:
BI operations can be a challenge for any company, but when it comes to the healthcare industry there's an added layer of complexity to muddle up the process. Healthcare organizations, such as hospitals, outpatient clinics and HMOs, collect and analyze not only patient financial information but also sensitive data about a patient that's governed by strict privacy rules. The Health Insurance Portability and Accountability Act (HIPAA) is a prime example of the delicate nature of healthcare data and how businesses deal with the data. Since HIPAA requires extra security and administration of the security, healthcare groups have to think carefully about how they structure their security models, so only qualified individuals can look at patient private information. It's It is possible to be successful with business intelligence in healthcare, according to expert Elizabeth Pappius, but can be challenging for some businesses. Some healthcare organizations may struggle when it comes to structuring the BI team and determining where it fits within the organization. Pappius said she's seen the BI team organized in several ways, including sitting under the chief medical officer (CMO), chief financial officer (CFO), chief operating officer (COO) and IT at healthcare organizations. Each structure has its advantages and disadvantages, Pappius said, but in the end, the best place for the BI team to be situated is with the group that'll give the team the support, attention and resources it needs to be successful and with a group with an executive-level manager to champion the BI team's cause.
The end result: huge data consistency issues. A lot of reporting and analysis in healthcare groups is conducted ad hoc, but unfortunately there aren't many BI vendors or products in the market that are a great fit with the type of reporting and work medical BI analysts need to do. There's nothing wrong with a lot of the work being ad hoc, Pappius said, calling it the "nature of the beast." What healthcare companies need to do, she said, is leverage only the features in BI products they need and no more. She also said some businesses might need more than one tool to meet their ad hoc and standard reporting needs.
Improving BI in healthcare companies Prior to the BI initiative, UHN used a homegrown data warehouse developed in an ad hoc fashion. The major issue was that it caused three nearby teaching hospitals to lack important information held by UHN's finance and human resources departments. At the time, UHN used corporate scorecards to monitor everything from patient satisfaction to infection rates; however, the data came from several unconnected sources, meaning long, tedious hours of data entry that resulted in a lot of errors and a demoralized staff. UHN knew changes needed to be made and began the vendor and software evaluation process ultimately choosing Cognos. When the implementation is complete, UHN's finance and human resources data will be incorporated into a "refurbished" data warehouse, its corporate scorecards will gather data from consistent sources with built-in accountability mechanisms and non-management employees will have a wider array of operational-level, self-serving reports to choose from.
Improving care and lowering costs
Data mining in the healthcare industry And data mining is widely (and successfully) used in the healthcare industry; for example, for mining claims to determine the best providers and procedures for particular conditions, determining diagnostic aids for certain procedures and protein analysis for drug development.
Enterprise master patient index (EMPI): Healthcare's MDM For healthcare professionals, an MDM program often comes in the form of enterprise master patient index (EMPI), a form of customer data integration (CDI) specific to the healthcare industry. Some organizations are using EMPI to fuse patient identities across systems and then use that data to feed even stronger data to the data warehouses for better analytics. And according to experts, MDM in the healthcare industry can lead to better screening, diagnosis and treatment decisions and allows hospitals to personalize patient care. More on vertical BI:
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