Creating An Efficiency Value of $1 Million With Data Analytics
Other than large, academic medical centers, or medical giants such as Quest or Kaiser Permanente, a majority of big hospitals are doing very little with their big data for a variety of reasons; not the least of which is a drought of data scientists to drill down and dissect the data.
Kingsbrook discovered big data could lead to success when they started to dig into the reason for delays and broken appointments in its radiology center. Thanks to analytics, they were able to reduce their broken appointments by 25% and create an efficiency value of a little bit more than $1 million.
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