The Answer Is The Data. Are You Looking At The Right Data?

Stock image of latptop from Unsplash.

I’m talking to a lot of healthcare leaders right now whose organizations are financially challenged, and still don’t have the trusted data insights they need to pinpoint where the biggest opportunities exist.

Data governance is often nonexistent or inconsistently enforced. Multiple reports for the same metric say different things. Leaders lose confidence in the data and end up making operational and financial decisions based on intuition and gut instead of facts.

That’s incredibly costly.

And we can quantify it.

If you’re a $3B health system and there’s a 10% improvement opportunity you’re not actively pursuing across areas like OR utilization, MRI utilization, clinic schedule utilization, length of stay, staffing productivity, denials, or throughput, you could be leaving $300M in value on the table.

Health systems simply can’t afford that anymore.

At Cortex Health Advisors, I’m excited to work with health system leaders to help build trusted, actionable analytics that drive operational efficiency, quality improvement, financial performance, and ultimately better patient care and access for the communities they serve.

The answer is in the data.

But are you looking at the right data?