Critical Criteria in Evaluating Healthcare Analytics Vendors

According to an Ernst & Young survey, more than 90% of healthcare executives were planning to undertake at least one technical adoption project in 2018, with the majority of initiatives directly related to making better use of data. As a result, providers will be exposed to a number of different sales strategies and they will need to develop the business savvy to choose vendor partnerships that will lead to the best possible outcome for their organization.

Choosing a healthcare analytics tool is a major decision with long-term implications for the success of any provider group. Every health IT selection process must be considered as one part of an overall business strategy that combines input from clinical, financial, executive, and administrative stakeholders. 

In a highly active market for healthcare analytics tools, healthcare organizations will need to examine more than a vendor’s technology to develop meaningful partnerships and succeed with value-based care.