We are lucky to be operating in a world where data and intelligence are readily available…at our fingertips. It makes all of us more accountable, and gives us the ability to deliver reliable results to healthcare organizations looking for ways to be more profitable and more productive.
That said, there are two types of data solutions that can help you define your future:
- Business Intelligence Solutions
- Comparative Data Solutions.
Although the differences might seem subtle, it is important to understand those differences. An organization needs to ensure that their BI solution has comparative analytics and/or can align with a comparative analytics solution.
To be clear, Business Intelligence (BI) is a term that encompasses all knowledge we seek – current and historical business data that helps you to achieve a solid outlook.
Comparative analytics takes business intelligence to another level, building upon the concept of BI, taking data a step further by enabling an organization to compare the performance of their data to that of their peers.
Combine the two and… begin to define the future of your organization.
Read the full story to see for yourself.