Healthcare Data is the new natural resource.
Healthcare has an abundance of data:
Individual organizations have data coming from over 1,000 different sources every 48 hours.
30% of the world’s data is in healthcare and is underutilized.
19 terabytes of clinical data are generated annually.
Healthcare needs the data to treat patients and improve outcomes BUT this overflow of data also creates huge challenges:
Current staff burnout.
Staff hiring to manage and input this data.
Gathering the data in a usable way is difficult.
Inputting the data in a usable way is even MORE difficult.
These challenges can be eliminated by using a technology solution like Extract Systems’ HealthyData software. This software has solved the problem of unstructured data for the largest and most prestigious health systems.
Extract’s powerful HealthyData platform combines natural language processing, machine learning, and over a decade of expertise. The value of healthcare data is only becoming more important for health systems. Simplifying data extraction can save billions of dollars a year in the healthcare industry as a whole. These savings will come through improving patient care, guaranteeing clinicians have access to this data to make medical decisions, and reducing the amount of manual data entry needed.
Extract recently had a top ten health system partner with us. They understood their problem but couldn’t find an internal or external solution to the problem. The problem seemed simple and they outlined it to Extract during discovery calls:
Critical patient data was coming to the health system from outside/non-interfaced areas.
Providers needed this data in the EMR to make patient medical decisions.
Their current staffing level couldn’t support the amount of outside data coming into their health system.
They didn’t have the budget to hire enough staff to support the enormous amount of data.
The data that was being entered was error-prone, incomplete, and could take as long as a week to enter.
The client came to Extract Systems to solve their problem and the results were staggering:
80% staff reduction in time spent entering in this critical data.
Staff was repurposed to patient-facing job duties.
Data was inputted within less than 1 hour of receipt.
99.9% data accuracy to their EMR.
Complete data inputted – not subsets.
If you are a healthcare system that is struggling with managing your data, does NOT have enough staff, staff is burnout, or has an error-prone process please reach out to Extract Systems for help. We can, have and will solve these problems.
About the Author: Josh Nail
Josh is the Regional Business Development Manager at Extract with more than 18 years of experience in the healthcare marketplace. His healthcare background includes Revenue Cycle software solutions, HIM software solutions, and EHR solutions. When not helping Health Systems improve patient care, increase provider satisfaction while delivering a return on investment you can find him Fly-fishing, Skiing, or playing Golf.