Benefits of Healthcare Scorecard in the Industry
Many are unsure of the differences between and executive dashboards and a Healthcare Scorecard. Executive dashboards are tools that help executives summarize complex information and present it an easy to understand way. It’s a very important tool because it helps management make informed decisions in a timely manner and helps them process data into tangible information easily.
Having executive dashboards in hospitals and medical institutions is very important. With hospital management and doctors having to deal with patients and other important delicate situations, interpreting data or logistics shouldn't be one of the problems the have to deal with. Making this not a problem for hospital leadership to worry about is where Leading Wisely plays a crucial role. Using scorecards and dashboards in tandem is critical for outcomes improvement, but knowing what they do, when to use them, how to use them, and who should use them is just as important.
Inconsistent and Variable Definitions
There is an inflow of new research every day and often times healthcare data can present to be inconsistent in definitions. For example, ask two clinicians what criteria are necessary to identify someone as a diabetic and you may get three different answers or one group of clinicians may define a cohort of asthmatic patients differently than another group of clinicians. Situations like this mean there may just not be a level of consensus about a particular treatment or cohort definition. Also, even when there is consensus, the consenting experts are constantly discovering newly agreed-upon knowledge. As healthcare practitioners learn more about how the body works, their understanding continues to change of what is important, what to measure, how and when to measure it, and the goals to target. There are best practices established in the industry, but there’s always ongoing discussion in the way those things are defined. Which means constantly trying to create order out of chaos and hit a target that’s not only moving but seems to be moving in an unpredictable way.
Healthcare Scorecards help to keep track of Structured and Unstructured Data
Though electronic medical record software has provided a platform for consistent data capture, the reality is data capture is anything but consistent. For years, documenting clinical facts and findings on paper has trained an industry to capture data in whatever way is most convenient for the care provider with little regard for how this data could eventually be aggregated and analyzed. There have been attempts to standardize the data capture process, but care providers are reluctant to adopt a one-size-fits-all approach to documentation. Thus, unstructured data capture is often allowed to appease the frustrated EMR users and avoid hindering the care delivery process. As a result, much of the data captured isult, much of the data captured in this manner is difficult to aggregate and analyze in any consistent manner. The hope is that users will be trained better and there will be more uniformity in the capturing of data.
Uses of Healthcare Dashboards
Healthcare dashboards are useful in healthcare organizations and hospitals because of the following reasons.
It combines and analyzes near real-time data from every available IT system and software program the user chooses.
It transforms data, key measures, and goals from multiple business units into fundamental insights.
It enables users to customize information and share this information with others.
Users can set alerts and notifications to stay on top of any changes in their customized dashboard. These alerts prevent users from being blindsided by unexpected changes in information or by anomalies in the data.
Executives and teams are able to plan, prioritize, and improve on existing projects easily and efficiently.
Executives can create alignment among groups, strategize best solutions and communicate decisions more effectively.