How to overcome it
Susan Yeazel, senior healthcare consultant, Point B, a management consulting firm, says organizations that successfully harness data for competitive advantages have executive leaders who embrace and are willing to invest in the value of data-driven decision making. An organization needs to identify the business objectives that will be achieved or enabled through data analytics, such as cost reduction, operational effectiveness, improved patient/member experience, employee engagement, or improved outcomes, and clearly establish the required analytic capabilities during the early planning stages on any data dependent initiatives. “Most importantly, success is dependent on weaving analytic capabilities throughout the organization through cultural adoption,” she says.
As technology and access to information continue to transform healthcare, Caroline Clouser, executive vice president, Chubb Healthcare, an insurance company, says executives need to embrace using these products and also ensure that they focus on the cyber threats associated with them. In addition to protecting healthcare data, they need to stay abreast of devices that have been reported as insecure and learn from vulnerabilities in order to mitigate future cyber risk.