How Truven Health Analytics is Revolutionizing Healthcare
Truven Health Analytics is a leading provider of healthcare data, analytics, and consulting services. The company has been revolutionizing healthcare by providing insights into healthcare data to help organizations make informed decisions.
Introduction
The healthcare industry has been evolving rapidly over the past few years, and data analytics is becoming increasingly important in this industry. Truven Health Analytics is a company that has been at the forefront of healthcare data analytics, providing organizations with insights to drive better decision-making. In this article, we will discuss how Truven Health Analytics is revolutionizing healthcare.
Truven Health Analytics’ Services
Truven Health Analytics provides a range of data and analytics services that help organizations in the healthcare industry optimize their performance. The company’s services include:
- Data Management
- Analytics
- Consulting
- Research
- Software
These services are designed to provide organizations with a comprehensive view of their performance and enable them to make data-driven decisions.
Insights from Truven Health Analytics
Truven Health Analytics has been providing insights into healthcare data for over 40 years. Some of the insights that the company has provided include:
- The Cost of Healthcare: Truven Health Analytics’ research has shown that the cost of healthcare is increasing every year, with a particular focus on prescription drugs and hospital stays.
- Patient Outcomes: Truven Health Analytics has also provided insights into patient outcomes, including readmission rates and patient safety.
- Provider Performance: The company has analyzed provider performance, including identifying high-performing physicians and hospitals.
By providing these insights, Truven Health Analytics has helped organizations in the healthcare industry identify areas for improvement and optimize their performance.
Case Studies
Truven Health Analytics has worked with a range of organizations in the healthcare industry, including hospitals, health systems, and government agencies. Here are two case studies that highlight the impact of the company’s services:
Case Study 1: ProMedica Health System
ProMedica Health System, a not-for-profit healthcare organization based in Ohio, partnered with Truven Health Analytics to improve its financial and operational performance. The company used Truven Health Analytics’ Decision Support solutions to identify areas for improvement. As a result, ProMedica was able to reduce its supply costs by $12 million annually and increase its revenue by $25 million annually.
Case Study 2: State of Rhode Island
The State of Rhode Island Department of Health worked with Truven Health Analytics to develop a comprehensive plan to improve public health in the state. Truven Health Analytics provided the department with data and analytics tools to analyze health trends and identify areas for improvement. As a result, the state was able to reduce its incidence of hospital-acquired infections by 70%.
Conclusion
Truven Health Analytics is revolutionizing healthcare by providing insights into healthcare data that helps organizations make informed decisions. By providing a range of services, including data management, analytics, consulting, research, and software, the company helps organizations optimize their performance. Its insights and case studies demonstrate the impact that its services can have on the healthcare industry.
