Developing a business intelligence organization – Part 2

“Bad data leads to $3.1 trillion in lost revenue opportunity,” says Tod Baker, quoting from a recent IBM study. Yet, good data empowers organizations, providing strategic direction and market advantage. On this episode, we continue our discussion on the imperatives for health care organizations to improve their business intelligence capabilities and the use of good data.

 

Guest speaker:
Tod Baker, BS
Principal, Clinical Quality Improvement
Vizient

 

Moderator:
Tomas Villanueva, DO, MBA, FACPE, SFHM
Principal, Clinical Operations and Quality
Vizient

 

Show Notes:

[00:24] Empowering the success of an organization

[00:41] Bad data leads to $3.1T in lost revenue opportunities

[00:52] Three stages in evolution of analytics

[02:51] The need for focus and leadership

[03:28] How to prepare for the conversation with the CFO

[04:56] Characteristics of successful organizations

[05:49] Steps to success

[07:00] Getting started

 

Links | Resources:

To contact Modern Practice: modernpracticepodcast@vizientinc.com

Tod Baker’s contact email: tod.baker@vizientinc.com

Business intelligence in healthcare (Villanova)
Click Here

Vizient’s Clinical Data Base (CDB) platform
Click Here

 

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