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KLAS Report: Best Data & Analytics Platforms for Healthcare CIOs

KLAS Report: Best Data & Analytics Platforms for Healthcare CIOs

Healthcare organizations are under immense pressure to‌ translate​ data⁢ into actionable insights. Choosing the right data analytics platform⁣ is ⁤crucial, but recent KLAS Research findings reveal a complex picture. It’s ⁤no longer just about ‌the technology; your ​success hinges⁣ on partnership, support, and ⁣a vendor’s ‌commitment to ongoing innovation. This article breaks down the key takeaways from the⁢ KLAS report, offering guidance to ⁢help you make informed decisions.

The Shifting Expectations of Healthcare Analytics

The data⁣ analytics market is⁢ maturing,⁣ and with it, your expectations ‌should‍ be too. Historically, simply ingesting data from sources like labor reports,‍ cost analyses, ​and supply chains was enough. ​Now, you need a partner who understands your unique ​challenges and can⁣ help ‍you derive real value.

KLAS’s⁣ research highlights a growing disconnect⁣ between vendor capabilities and customer needs.⁤ ⁣Here’s‍ what’s driving the change:

* Increased Sophistication: Platforms are becoming more complex, demanding specialized⁣ expertise.
* Value Demonstration: Healthcare leaders⁤ are ‍demanding a clear return on investment (ROI)⁢ from ‌their ‍analytics investments.
* Evolving Support Models: ‍ The need for proactive, hands-on support ‍is paramount.

Vendor Performance: Who’s⁢ Thriving and Why?

The KLAS report paints a nuanced picture⁤ of ⁤vendor performance. Let’s ⁢look at some key players:

Health Catalyst: A Case of Lost Momentum?

While praised for its historical strengths in‍ data ingestion, Health Catalyst is facing headwinds. ⁤ Nearly‍ a third‌ of respondents are​ considering leaving, citing​ high data storage costs and a lack ⁤of clear future direction.One executive noted the platform hasn’t⁢ kept pace ⁣with innovation, stating, “They’ve lost their identity.⁤ Their platform modernization has been limited.”⁣ This underscores the importance of continuous ‍improvement and transparent roadmaps.

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Arcadia: Progress Through Support & Standardization

Arcadia⁢ has ​demonstrably improved by ‍revamping⁣ its support model and standardizing product ⁢delivery. Customers appreciate the platform’s ‌usability and stability. However, concerns ‍remain regarding the​ availability of skilled developers and staff retention. ⁤ This ⁢highlights‌ the ongoing challenge of balancing platform ⁢functionality ⁣with the⁤ human expertise⁤ needed​ to leverage it effectively.

Oracle Health: Leveraging EHR ​Integration, But Falling Short on Support

Oracle Health benefits from its integration with Cerner EMR systems, keeping many customers locked in. However, satisfaction and perceived support lag substantially.Respondents reported communication ‍gaps and difficulties ⁢with deployment and​ integration. This demonstrates that even strong technical integration⁣ isn’t ⁤enough to overcome poor ​service. ⁢

Key Takeaways: What You‌ Need to Prioritize

So, what does this meen for your organization? ⁢Here are five critical considerations:

  1. Proactive Support is Non-Negotiable: Vendors like Dimensional Insight, Epic,⁢ and innovaccer ‍stand out by providing hands-on assistance and aligning‌ with your⁤ organizational goals. Look for a⁣ partner ‍invested in your success.
  2. Features Aren’t Enough – Focus on ‍Implementation: ⁤ Advanced capabilities are useless ⁣without proper training, staffing, ‌and ongoing vendor ‍engagement. Don’t be⁣ dazzled by bells and whistles; prioritize usability and support.
  3. Internal Alignment is Crucial: ⁤‌ Even ‍the best platforms struggle ‌if your organization⁢ lacks internal⁣ integration, alignment, and sufficient staff. Ensure ⁢you have⁣ the‌ resources to effectively ⁤utilize the technology.
  4. Openness ​& Innovation Drive⁣ Loyalty: Unclear roadmaps ⁢and ‍escalating data storage ⁤costs are⁤ major red‌ flags. Demand cost‍ transparency and‌ a clear vision for‌ the ⁣future.
  5. It’s About the Partnership: Satisfaction isn’t solely based on ⁤product ‌features. ⁤A true‍ partnership approach and responsive day-to-day⁢ support are essential.
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Epic: Setting⁢ a‍ New⁣ Standard for Partnership

The ⁣report consistently highlighted Epic ⁢as a leader in customer‍ partnership.As​ one director put it, “Epic is interested in making sure I am using their product to ‌its fullest… ‌With ‍Epic, it’s a real partnership.” This contrasts sharply with vendors perceived as simply collecting‌ monthly payments.

Making the Right Choice for Your Future

As healthcare analytics becomes increasingly complex, you need to be a discerning buyer. ‌ Don’t just focus ⁣on ⁣the technology; prioritize the partnership, the support, and the vendor’s commitment to ‌your ‍long-term success.The KLAS research makes it clear:⁢ achieving meaningful results requires

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