What healthcare data platform capabilities do you need to stay competitive?

In this video, Ryan Rubino discusses key capabilities of a data platform that should be considered when you’re planning for your data and analytics needs for value based care. Whether you build this on your own, or purchase a solution, there are many critical components that can be the difference between success and failure.

1. Orchestration Needs

It’s important to think through your data platform strategy before you start building. Not only do you need to think about what capabilities you will need, but you need to also make sure that all components of your platform work in harmony with one another, with the highest security standards available. These considerations become even more important if you choose to build this on your own, or if you pursue a multi-vendor solution.

2. Outcomes Enablement

The starting point is to make sure you understand your business goals, and how you will enable the outcomes that you’re looking to achieve. This can include reports, dashboards, point-of-care integration, patient outreach, and many other workflow tools or integration points. These applications and use cases will influence what data sources you need to integrate, how you’ll need to enrich data, and other key components of your data platform.

3. Platform Capabilities

The ‘under the hood’ components of a data platform include many potential failure points, and many decision points if you build this on your own. This includes a master patient index, provider attribution, data enrichment, and many other important data processing steps.

4. Key Takeaways

Plan your strategy before you start building or buying solutions. If you plan to build capabilities in house, make sure you don’t overlook critical components of your data platform, and consider your integration points if you go with a multi-vendor solution. Additionally, considering comprehensive platform like Arcadia could de-risk your platform strategy, and be a more cost-effective solution. (4:19)

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