2023 HIMSS Market Insights Survey

Healthcare leaders know data is key for decision-making — but many struggle to take action

Leaders across the board agree that quality data is critical to their performance, but investing in analytics is a common challenge across healthcare organizations large and small.

Here, we examine some of the key findings from The current state of healthcare analytics platforms, a survey conducted by HIMSS and Arcadia.

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The volume of healthcare data is growing...

30% of the world's data volume is generated by the healthcare industry alone 1

137 terabytes of data produced by the average hospital every day 2

With a 36% compound annual growth rate, that data is growing faster than ever 1

Yet, the majority of leaders struggle to prioritize analytics...

Only 57% of an organization’s data is used in key decision-making 3

And many consider their data untrustworthy...

1-in-3 stated their organization’s data was less than 76% accurate 3

While suffering from the lack of resources, staff, and budget...

71% agree that competing priorities block investment in or updating an analytics platform 3

Don’t fall behind. Unlocking big data is key to achieving healthcare transformation.

Download the report to learn which technologies leaders at top healthcare organizations are planning to integrate with a data analytics platform. The report explores everything from clinical decision-making tools to population health management to AI/ML.

Sources:

  1. The Digitization of the World — From Edge to Core, IDC White Paper, 2018
  2. How to Navigate Structured and Unstructured Data as a Healthcare Organization, Health Tech, 2023
  3. HIMSS Market Insights and Arcadia Pulse Survey Research, Data Analytics Platforms, 2023