The document discusses how business analytics can help transform the healthcare system. It notes that the healthcare system faces constraints from limited resources and increasing demand. Using data and analytics can make the industry more efficient and value-driven by incentivizing outcomes aligned with patient health. Business analytics in healthcare aims to reduce costs, increase efficiency, and improve quality of services. While still early, business intelligence is crucial for interpreting complex data sets and can optimize operations, improve supplier analysis, and estimate insurance costs. Key focus areas for clinical and business intelligence include accountable care, predictive analytics, revenue cycle management, and population health management.

1. Business Analytics and
Healthcare System
Aparna M Nair

2. INTRODUCTION
• The healthcare system has been suffering from the constrains
of resources and increasing demand.
• Increased use of data and analytics renders the industry to be
more promising.
• Necessary data and analytics plays a very important role in
transforming the healthcare system into an efficient and value-
driven system

4. • Investing in the implementation of healthcare information
technology and emphasizing on increasing the overall value of
healthcare, has invoked the need for the application of
advanced analytics.
• It is opined that implementing advanced analytics would
incline incentives to be more in line with patient health and
well-being.
• Thus, will also result in achieving value for limited healthcare.

5. How Big Data Improves Our Health

7. • Healthcare sector is focused on harnessing the power of
business analytics to improve their business operations.
• Analytics is used in this sector in order to reduce healthcare
delivery costs, increase efficiency and also to improve the
quality of the services rendered.
• Though business analytics in Healthcare industry is in its
infancy stage, business intelligence is essential for interpreting
the complex data sets.

8. Major roles of Business Intelligence in
the Healthcare System
Optimizing
Business
Operations
Supplier
Analysis
Improve
Patients
Outcome
Estimating
Insurance
costs

9. Focus areas of
2015 Clinical
and Business
Intelligence
Accountable Care
Predictive
Analytics
Revenue Cycle
Management
Population
Health
Management