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Today, approximately 30% of the world’s data volume is being generated by the healthcare industry. In 2025, the compound annual growth rate of data for healthcare will reach 36%. That’s 6% faster than manufacturing, 10% faster than financial services, and 11% faster than media & entertainment. As healthcare organizations expand, CDOs are confronted with a critical question: How should the data and analytics department be organized? Should it adopt a decentralized approach with independent regional teams, centralize operations at the headquarters, or opt for a federated model combining central and regional teams?
Is your enterprise looking to implement digital engagement programs, allowing network members to access comprehensive medical records across hospitals and EMRs? Quite a few CDOs in the sector have been tasked with ensuring accurate clinical data and an enterprise view of patients which is crucial for patient safety. However, the legacy EMPIs they have inherited face identity accuracy challenges, resulting in suspect linkages, duplicates, and false positives. CDOs are finding that data teams’ efforts to manually resolve these issues may still result in a high risk of missed critical medical histories due to duplication. Find out what innovation led data management strategies your peers are deploying to rectify these issues.
Lightning Debates encourage quick thinking, concise expression, and active engagement. The debates are intellectual sprints, challenging you to articulate viewpoints on controversial issues effectively within tight time constraints. Vote with your feet, choose a side and defend your point of view.
Approximately half of U.S. healthcare spending is concentrated on just 5% of the population, with 22.8% going to just 1%, according to the Department of Health and Human Services. These figures have remained consistent for years. Data and analytics can help balance the relationship between patient health and costs by identifying critical points in the care journey where conditions can be prevented, keeping patients out of the hospital. With the rise of value-based care, CDOs are implementing methods to accurately measure outcomes and impact. While the value-based care framework aims to share patient data and performance information to identify trends, gaps, and improvement opportunities, practical challenges remain in achieving this quickly, ethically, cost-effectively, and safely. Collaboration remains a key strength in this sector.
CDOs in healthcare are currently focusing on data products from an internal standpoint to fit whatever the organization's strategic priorities might be, from faster insights for critical decision making to improving data governance and monitoring KPIs. More recently data leaders are starting to consider the commercial opportunity of monetizing external data products. There is potential revenue in play from working with organizations outside of healthcare. Before this shift could happen, data leaders must put a failsafe in place.
As artificial intelligence (AI) continues to integrate into the Healthcare sector, the need for robust AI governance and the strategy to implement becomes increasingly critical. This session will explore the evolution from traditional data governance to AI governance, highlighting the new roles, skills, and responsibilities required. We will discuss the challenges of implementing AI governance, including the evaluation of AI models for bias and fairness, and the cultural shifts necessary within organizations. Gain insights into designing effective AI risk review boards and the importance of collaboration between data governance and AI governance teams.
Here the focus turns to you, our audience, regardless of whether the subject matter fits into one of our topics. Here is your chance to take advantage of having the entire community of healthcare data leaders in the same place to use their expertise like it is your very own sandbox. Test out new ideas and strategies on your peers and get instant feedback. Push the boundaries and think differently, put forward ideas, concepts, and new ways to deliver them. Do not be shy with your ideas - love it or hate it, prompting a strong response from your peers will be a sure-fire way to test things out before bringing them to the attention of your C-Suite.