Navigating Healthcare’s Data Revolution: Priorities, Opportunities, and Challenges for Health Systems

The healthcare sector grapples with formidable pressures from two converging dynamics: digital transformation and payment reform. This epochal transformation gains momentum, propelled by evolving consumer expectations for digital healthcare experiences, catalyzed by the pandemic. Simultaneously, the CMS has laid out objectives to accelerate the adoption of value-based care. Data has emerged as the pivotal currency, enabling healthcare entities to deliver high-quality care efficiently and with financial prowess. The future leaders in healthcare delivery prioritize technological innovation, necessitating a comprehensive strategy to empower teams with data and informatics capabilities. This foundational approach encapsulates the timeless principles of people, process, and technology. Arcadia, in collaboration with HIMSS Market Insights, conducted a survey among leaders in premier healthcare organizations to gauge the current state of data utilization within hospitals and health systems. The study aimed to pinpoint challenges and opportunities within the burgeoning healthcare data and analytics platform landscape.