By: Dhiren Bhatia
What are the questions about performance, risk, and opportunity that leaders of today’s modern medical laboratories are asking? What are the questions they could be asking, or don’t even know they should be asking?
Reporting is the static assessment of performance, from which leaders must extrapolate conclusions about risk and opportunity. Data analytics, on the other hand, enables users to interact with information dynamically. It capitalizes on real-time analytics and data warehousing technologies to allow querying of huge sets of data from multiple sources, inviting lab leaders to ask more sophisticated questions and get fuller answers than they have with reporting. Analytics can also reveal relationships between various data, generating smarter, more informed questions and prompting smarter, more informed action.