The enormous amount of patient data managed by the laboratory can be analyzed and combined with other data sets to reveal valuable laboratory, business, and financial insights for healthcare organizations.
It is widely recognized within the healthcare industry that most of the data used to make medical decisions and develop treatment plans comes from the laboratory. Because the laboratory holds such a large volume of patient data, that information can be analyzed for both internal laboratory insights as well as external metrics that impact the entire organization. Combining lab data and other healthcare data for analysis can uncover valuable information and provide insights that can help guide a healthcare organization’s business decisions and have a positive impact on patient care and finances.