Proactive Operational Decision-Making Fueled by Data-Driven Analytic Insights Delivered in Real-Time is Fueling Competitive Advantage for Healthcare Enterprises

In recent years, it’s come to light that America’s healthcare industry is suffering under some rather significant inefficiencies of scale.

Despite spending as much as $4.1 trillion on healthcare in 2020, many metrics suggest Americans do not receive a better quality of care when compared to many other industrial nations. Vast sums of money are being spent on healthcare but persistent questions remain about whether those investments are truly driving the patient-centrism and value-based care treatment modalities that have become such potent rallying points across the industry in recent years.

Meanwhile, throughout the healthcare landscape, provider networks have struggled with skill shortages, staff burnout, retention, and attrition rates which have made it extremely difficult to maintain business as usual and deliver their patients the quality of care their organizations are known for. Enterprise leaders in healthcare are beginning to see clearly that it’s time to rethink priorities and work aggressively toward transforming their industry to achieve better outcomes for both patients and the provider networks that serve them.

According to research conducted by Humana Chief Medical Officer William Schrank and correlated by industry watchdog groups such as The Institute for Healthcare Improvement— as much as $1 trillion of all the money spent on healthcare in the United States on an annual basis is wasted across the following domains:

  • Administrative complexity ($265.6 billion)
  • Pricing failure ($230.7 billion to $240.5 billion)
  • Failure of care delivery ($102.4 billion to $165.7 billion)
  • Overtreatment or low-value care ($75.7 billion to $101.2 billion)
  • Fraud and abuse ($58.5 billion to $83.9 billion)
  • Failure of care coordination ($27.2 billion to $78.2)

The key to overcoming the inefficiencies of scale which are today so prevalent across the healthcare service delivery landscape is the completion of strategic investment in digital transformation and more widespread adoption of artificial intelligence (A.I.)- enabled automation.

Implementing Artificial Intelligence-Enabled Automation is the Answer to Overcoming Inefficiencies of Scale Across the Healthcare Landscape

In light of all the challenges the healthcare industry has weathered in recent years, it’s become apparent that it’s time to shift away from reactive decision-making to fully embrace the true potential of more proactive operational decision-making capabilities.

When hospital systems fail to manage staffing challenges proactively, they run into the staffing shortages and bottlenecks we have seen in recent years which severely limit their ability to deliver the highest degrees of care to the communities they serve.

Inefficiency manifests across healthcare networks in the form of longer wait times, longer in-hospital stays, diversions, and patients choosing to forgo their treatment plans due to their lack of desire to interface with inconvenient and imbalanced clinical care systems.

However, by better embracing strategic artificial intelligence-enabled automation, hospital leaders can have the ability to embrace proactive decision-making and the real-time visibility needed to make mission-critical decisions on the fly.

Hospital networks can achieve a great deal by simply better leveraging the internal data and health technology solutions already at their organization’s disposal. The key is to truly embrace A.I.-enabled automation and the application of data-driven decision-making to produce vivid and accurate real-time models of current and future needs at every level of the healthcare enterprise.

The key to making the most of health-related data is to build smart systems which are able to pull insights from the EHR, CRM, workforce management, and other health management technology solutions into a single source of truth to deliver true business intelligence insights that propel a much swifter and more agile operational decision making.

A.I.-enabled automation and advanced data analytic-driven intelligence provide clinical care teams with the foresight to see what is happening in real time. By providing executive leaders with real-time insights and automated operational decision-making suggestions based on those evidence-based findings, leaders are empowered to respond to adversity before it leads to more costly and detrimental losses of efficiency.

Operational decision-making is more relevant and important to the success of healthcare enterprises than at any other time before. Executive leaders need to make intelligent decisions about resource allocation, staffing needs, discharge planning, and managing inpatient capacities to maximize clinical outcomes. A.I.-enabled automation delivers the real-time visibility healthcare enterprises need to feel confident in the decisions they make today and their ability to continue making the best evidence-based choices to secure competitive advantages down the line.

Proactive, data-driven operational decision-making is a necessity for America’s most competitive and fastest-moving healthcare service providers.

Are You Ready to Deliver A.I.-Enabled Automation to Your Healthcare Enterprise?

Asahi Technologies is a New-York based custom software development firm that delivers holistic, cutting-edge technology solutions for web, desktop, mobile, and platforms for competitive healthcare organizations.

Powered by a core leadership team with more than 45 years of combined experience, we leverage our proven technical proficiency and incisive domain knowledge to power successful digital transformation projects for our clients.

Our business is built on a hybrid model, allowing us to access the best international and US-based talent. With a client success team in our New York office and a project execution team based in Chennai, India, our clients benefit from a responsive, US-based project manager and dynamic offshore software development resources. This approach maximizes our ability to create value for businesses wherever they are in their project journey – from strategy to development and ongoing support.