How BI is Lowering Healthcare Costs
As a physician colleague of Kenagy's once told him, physicians can remember their most recent case, their best case, and their worst case, but usually have no clue about their "average" case.
"Meaningful Use is creating the databases and data structures to collect order entry information and some outcomes information to be able to run the cost accounting and more importantly take that cost accounting and compare it to outcome," Kenagy says.
Even more promising is Kenagy's attitude toward sharing this work with other providers who also run Cogito and StrataJazz. "There's nothing proprietary in this for us, no competitive weapon," Kenagy says. "Let's make this something that Epic and Strata customers can benefit from [on] day one."
With the collaborative attitude of leaders like John Kenagy, there is much reason to be optimistic about technology's ability to truly bend healthcare's cost curve.
Scott Mace is senior technology editor at HealthLeaders Media.
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