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The Hidden Costs of Bad Healthcare Data

Sage Growth Partners

How using a smart data fabric can reduce hidden costs

Data underpins every decision that leaders at a healthcare organization (HCO) make today. But is it the right data? Is it accurate? Is it timely and meaningful? Can you rely on it to make effective decisions? Most HCOs suffer from an overload of disparate data from an array of internal and external sources that is managed via a hodgepodge of strategies and technology infrastructure. That decreases the data’s reliability and accuracy, and negatively impacts the entire enterprise by contributing to poorer clinical and business decisions, higher costs, and lower efficiency, care quality, and revenues.

A recent survey revealed:

  • 85% of organizations saw data analytics priorities as fundamental to achieving broader strategic objectives
  • 20% of those surveyed fully trust the data they rely on to make decisions

This new Sage Growth Partners report summarizes findings from a survey of healthcare executives that identified their most common data management and analytics challenges and how a smart healthcare data fabric can help address them.

Key findings included issues with:

  • Integration and interoperability
  • Poor data quality
  • Data access across the enterprise

Egyéb Források, Amelyek Tetszhetnek

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Mediclinic Middle East
Augustine Amusu, Chief Information Officer, Mediclinic Middle East, United Arab Emirates discusses the promise of generative and ambient AI, and the benefit to for strengthened clinician and patient relationship.
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InterSystems IRIS for Health™ as an Independent Data Repository
A clinical data repository (CDR) enables the processing of healthcare data outside of the electronic medical record (EMR) system. Download the white paper to learn more.
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HIMSS Market Insights Study
A recent HIMSS Market Insights study reveals that healthcare leaders understand the strategic need for patient identity matching, but struggles remain, particularly with data interoperability, duplicate records and inconsistent or missing data. They acknowledge that challenges must be overcome if they are to accomplish broader initiatives, especially around artificial intelligence (AI) implementation, workflow optimization and data exchange.
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Longitudinal Health Record
This briefing highlights how InterSystems is collaborating with diverse customer organizations to streamline the set-up of new data feeds to a high-performing longitudinal health record.
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HIMSS TV
Dr. Alfredo Almerares, clinical executive manager at InterSystems, says the company's generative AI tools that summarize patient visits are helping Latin American clinicians to relieve burnout and build patient relationships.
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InterSystems IRIS for Health and FHIR
Simplifying Data Access with InterSystems FHIR Solutions
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Internet of Healthcare Things
Developing solutions that deliver the promise of Internet of Healthcare Things (IoHT) can be difficult. To be successful, developers must capture vast amounts of medical device data in real time.
Apr 08, 2025
IDC InfoBrief
In today’s rapidly evolving healthcare landscape, the strategic implementation and optimization of advanced Electronic Health Record (EHR) systems continue to be paramount, despite significant prior investments in this area. Download the IDC InfoBrief

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