The COVID-19 pandemic has proven that hospitals and healthcare systems can be much more agile than many executives realized. This may be key to better using healthcare data to drive decision making, Venture Beat reports. Which could help many organizations recover from analysis paralysis due to outdated systems and untrustworthy data.
These are among the findings of a new study, “2022 CFO Outlook for Healthcare: Finance Leaders’ Priorities for Addressing Workforce, Data, and Costing Challenges,” from Syntellis Performance Solutions. Syntellis surveyed 420 healthcare finance leaders on how they view the financial outlook for their organizations, and their plans for adopting analytics tools and advanced technologies.
The bad news: a vast majority (82%) of respondents said their organizations should do more to better leverage financial and operational data. Worse still, most organizations are using inadequate systems for decision-making. Nearly two-thirds (61%) are still relying on outdated tools such as spreadsheets. Read more.
