How Analytics is Disrupting Business Intelligence in Healthcare
Business intelligence (BI) is the use of software and services to turn data into actionable insights that help a company make strategic and tactical business decisions. To offer users detailed insight into the condition of the business, BI technologies access and analyze data sets and show analytical findings in reports, summaries, dashboards, graphs, charts, and maps. Business intelligence is also used to describe a set of technologies that enable rapid, easy-to-understand access to insights about an organization's present situation based on accessible data. How Analytics is Transforming Healthcare One of the primary goals of healthcare BI technologies is to improve patient care quality. However, today's corporations employ these techniques to generate hundreds of gains on their investment. A 2019 analysis found a good return of $14 billion, which is projected to continue in the following years. The good news is that the healthcare analytics market is expected to reach $...