While at HIMSS 2019, I asked a number of people I met with to provide some industry perspectives and insights. Basically, tell me something that I don’t know or tell us something that not enough people were talking about. I got a wide variety of perspectives and insights. This week we’ll be highlighting a series of four insights. Next up is a look at Enterprise Analytics in healthcare.
Is the Future of Healthcare Analytics, Enterprise Analytics?
When I had a chance to talk with Scott Hampel, Chief Product Officer at MedeAnalytics, it was no surprise that he was ready to talk about healthcare analytics. However, he asked a really fascinating question about the future of analytics in healthcare. Is the future of analytics going to be an Enterprise Analytics solution or not?
He noted that as you walk the show floor at HIMSS, you see a lot of point solutions that solve just one specific problem. Will it make sense for a healthcare organization to implement and support a bunch of point solutions as they scale their analytics efforts? Or will an organization need to implement an analytics solution that provides the full enterprise analytics across operational, financial and clinical?
No doubt, Scott from MedeAnalytics has an interesting perspective on this since MedeAnalytics has been working on this problem for 25 years. It’s appropriate for him to consider whether these new analytics solutions are mature enough to really solve a healthcare organization’s full spectrum of problems.
It seems to me like the best of breed vs one platform will continue to be a challenging question for CIOs in a wide variety of situations. I remember some very deep discussions on this topic when it came to EHR software. There were some really passionate people around the best of breed approach to EHR software. However, over time we saw more and more people turn to the enterprise EHR approach. There was a lot of value in having one person to blame for all the problems and to only have to manage one piece of software in your organization.
Will we see the same thing play out with healthcare analytics? Do organizations need to have an enterprise analytics platform or are they ok to use best of breed point solutions? Let us know your thoughts in the comments and on Twitter with @HealthcareScene.