On this episode of Baker Tilly’s Healthy Outcomes podcast, Baker Tilly Partner and healthcare provider practice leader Mark Ross interviews Baker Tilly’s Heather Herc, director, and Brad Gummig, senior manager. Together, they discuss the importance of data in healthcare and how healthcare leaders can utilize it to drive data-driven decision making.
Specific topics of discussion include:
Benefits of cultivating a data driven cultureKey activities successful healthcare systems are executing to effectively analyze their business and improve performanceChallenges smaller healthcare systems may face when executing a data analytics strategyCharacteristics / examples of good data analyticsOther areas, outside of expenses, that healthcare systems are pursuing to improve performanceThe process of selecting analytics solutions that will help to maximize ROIUtilization of data and its importance for service line analysis