Monday, November 5, 2007

From Transaction Systems To Analytics

By Mark Brousseau

In an article on trends in IT capabilities and advancements in healthcare finance that appears in this month’s issue of HFMA’s magazine, Deb Davis and Jim Adams, both of IBM Global Business Services, identified the move from transaction systems to analytics.

“As advanced clinical systems are implemented, the value of clinical information can be extended beyond the transaction level to be used for risk management, trend analysis, and analytics that include financial and clinical data,” Davis and Adams wrote.

The development of a health analytics roadmap can determine strategic priorities in the analysis and use of data with research, finance, and patient care, they conclude.

Sounds like another example of the convergence of payments and document processing to me. What do you think? E-mail me at m_brousseau@msn.com.

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