Clean Sweep Live Auction on Wed. February 27th. Click to view the full inventory

DOTmed Home MRI Oncology Ultrasound Molecular Imaging X-Ray Cardiology Health IT Business Affairs
News Home Parts & Service Operating Room CT Women's Health Proton Therapy Endoscopy HTMs Mobile Imaging
Current Location:
> This Story

Log in or Register to rate this News Story
Forward Printable StoryPrint Comment




More Voices

Tricks that scammers use and how to avoid them The Jacobus Report

Handheld ultrasound finds its way into new hands Insights from Rob Walton, global general manager of primary & affordable care, GE Healthcare

Q&A with Dr. Daniel Mitchell Behind the scenes at Rutland Regional in Vermont with the medical director of Diagnostic Imaging

My observations from the HIMSS meeting The Jacobus Report

Making the invisible visible: The future of AI in imaging Insights from Steve Tolle, vice president of global strategy and business development for IBM Watson Health

Q&A with Christopher Ross, chairman of HIMSS Discussing his background and some of the hot topics that will dominate conversation at the premier event in health IT

Lou Ann Wiedemann

Informatics: Is it health care’s ‘Moneyball?’

From the May 2017 issue of DOTmed HealthCare Business News magazine
Informatics transformed baseball in 2002, bringing strategy, planning and “Moneyball” into a sport that had little thought into data mining and predictive analytics.

As noted by Wikipedia, the central premise of “Moneyball” (a strategy make famous by a book and movie that featured Brad Pitt) is that the collective wisdom of baseball insiders over the past century is subjective and often flawed. Traditional baseball statistics to measure a player’s success such as stolen bases, runs batted in and batting average present an antique view of the game. The Oakland A’s management staff took advantage of new and unique analytical statistics of player performance to build a team that could compete with powerful, richer competitors in Major League Baseball.

Story Continues Below Advertisement

Servicing GE Nuclear Medicine equipment with OEM trained engineers

We offer full service contracts, PM contracts, rapid response, time and material,camera relocation. Nuclear medicine equipment service provider since 1975. Click or call now for more information 800 96 NUMED

In health care, key buzzwords for 2017 indicate a need for accurate and timely informatics far beyond the historical length of stay and case mix index. There is no doubt the informatics “Moneyball” theory has brought success to both business and sports, but can it also bring driving change to health care?

As health care begins to effectively manage the amount of data produced, the ability to turn that data into meaningful action has increased. Possibly the most exciting opportunity at the crossroads of health care and technology is the ability to make true inroads in quality care with the ease of pressing a button. In health care, meaningful action is most often represented as an improvement to quality of care. Informatics must quickly show its value by enhancing current medical practices.

For example, infections in the U.S. affect approximately half a million patients annually. As a result, almost every organization tracks its infection rate. By using technology, informatics pulls information from claims data, financial data, pharmacy data and demographic data so organizations can make strides in identifying high-risk patient populations. Physicians can then determine possible alternative clinical care plans to prevent infections or proactively treat infections. The end result could be decreased costs, less antibiotic usage and shorter hospital stays.

As easy as informatics sounds, organizations cannot just plug in a USB to obtain the types of reports needed to translate patient-generated data into meaningful information. In today’s health care environment, everyone has gadgets as 23.2 million Americans utilize Fitbit and over 2 million patients worldwide utilize self-monitoring pacemakers. More than 7 million people seek the benefits of remote monitoring devices, growing more than 44 percent in 2016 and poised to increase again in 2017.
  Pages: 1 - 2 - 3 >>


You Must Be Logged In To Post A Comment

Increase Your
Brand Awareness
Auctions + Private Sales
Get The
Best Price
Buy Equipment/Parts
Find The
Lowest Price
Daily News
Read The
Latest News
Browse All
DOTmed Users
Ethics on DOTmed
View Our
Ethics Program
Gold Parts Vendor Program
Receive PH
Gold Service Dealer Program
Receive RFP/PS
Healthcare Providers
See all
HCP Tools
A Job
Parts Hunter +EasyPay
Get Parts
Recently Certified
View Recently
Certified Users
Recently Rated
View Recently
Certified Users
Rental Central
Rent Equipment
For Less
Sell Equipment/Parts
Get The
Most Money
Service Technicians Forum
Find Help
And Advice
Simple RFP
Get Equipment
Virtual Trade Show
Find Service
For Equipment
Access and use of this site is subject to the terms and conditions of our LEGAL NOTICE & PRIVACY NOTICE
Property of and Proprietary to DOTmed.com, Inc. Copyright ©2001-2019 DOTmed.com, Inc.