Today, the healthcare industry generates huge amounts of data, which are usually more complicated and sensitive than data from other industries. To gain the most valuable insights from this extremely complicated data, healthcare institutions require sophisticated and specific analytical software capable of analyzing and processing the massive amount of data. It can also perform analytical models, such as predictive, comparative and cognitive modeling. All of these advanced analytical capabilities are needed to analyze and comprehend the vast data on healthcare to discover the truth and determine the most effective method of action.
The software for health analytics is specially designed to deal with the numerous data sources from the health industry to improve healthcare and, in turn, reduce the cost of medical procedures. The software comes with the most powerful data analytics for healthcare tools that can effectively deal with all problems associated with healthcare and also provide real-time data analytics to physicians, doctors and other paramedic personnel to improve the efficiency of their digital healthcare practice.
The software used to analyze healthcare data can comprehend the intricate patterns in the data, providing instantaneous, real-time insights that help healthcare professionals make informed and informed practice decisions and improve hospitals’ and clinics’ financial and operational performance. In the last few years, there has been a huge increase in the use of precise and modern health data analytics tools within the field to enhance the quality of healthcare and meet complex regulations.
With the increasing demand for software to analyze healthcare data, numerous vendors have launched specific analytical tools specifically designed for the healthcare industry.
Best Health Data Analytics Software For Beginners
In this article, we’ve compiled a list of the best vendors that offer healthcare analytics solutions on the market.
Data Analytics Software And Services Free Demo offered by Folio3 Healthcare.
With its headquarters located in Silicon Valley, Folio3 is recognized for its knowledge and experience in providing modern analytical solutions to various businesses. The company was established in the year 2000 by MIT alumni; Folio3 has become one of the most prominent technology solution suppliers in the USA and other countries.
The company has built its credibility as a healthcare data analytics solutions supplier by implementing a variety of healthcare business intelligence solutions that are powered by the most advanced technologies, including Artificial Intelligence (AI), Machine Learning (ML), Big Data, Natural Language Processing (NLP) and many more. The solutions for healthcare data analytics that the company offers comes with user-friendly and interactive interfaces and dedicated customer support solutions that allow healthcare institutions to make the most of the full potential of these sophisticated analytical tools. The company has already created different custom-designed healthcare data analytics systems for some most renowned hospitals in different countries.
SPSS- IBM Healthcare Data Analytics Software
IBM doesn’t require any explanation when it comes to implementing high-tech solutions. The New York-based firm was established in 1911 and remained the top technological company that offers cutting-edge technology solutions in all fields and sectors. IBM has five distinct business areas: cloud computing and technology platforms and intelligent solutions, systems, global financing, and business services. SPSS Software is a specialized analytical technology solution from IBM designed to provide healthcare institutions with powerful analytical tools that can improve their workflow processes and health quality while increasing the efficiency of institutes. IBM SPSS solution for healthcare analytics includes sophisticated tools and features that can be used to conduct predictive, prescriptive and descriptive analytics, thus significantly improving the capabilities of healthcare professionals and institutions to provide integrated and complete solutions.
The company maintains a solid and vast geographical presence across Asia, Europe, and the Americas.
Tools for analyzing data from Flatiron Healthcare
Flatiron is a new company in comparison to IBM, but a glance at the investors that support the Business will reveal that the Business is funded by the likes of Google, Ventures, and Altos. Flatiron is able to establish itself in the health data analytics software industry within a brief time frame, and it has since become an essential participant in the market. Today, the company is home to more than 500 people working on an integrated and powerful solution for data analytics, specifically for healthcare. Healthcare institutions currently employ the tools for healthcare data analytics that the company offers to manage the information of more than 2 million patients. Flatiron is also among the top companies in technological solutions for oncology.
Digital Reasoning Systems for Healthcare Analytics
Digital Reasoning Systems is yet another prominent player in health data analytics and has been able to make its mark within a short amount of time. Recently, the company has entered into a partnership with the Hospital Corporation of America (HCA) that has further boosted its standing as a top healthcare analytics provider in the nation. “Synthesis” is the signature healthcare solution of the company that makes use of harnessing the power of Artificial Intelligence (AI) and Natural Language Processing (NLP) to provide healthcare facilities with advanced tools to analyze and process vast patient data effortlessly.
Ayasdi – AI for Healthcare Analytics
Ayasdi is a well-known technology company currently providing services to various Fortune Global 500 businesses. As of 2015, the Business was named “The Technology pioneer” according to the World Economic Forum, establishing the firm’s technological capabilities. Ayasdi offers ready-to-use data for healthcare analytics tools that can improve the efficiency of clinics and hospitals across diverse areas like denials control, clinical variation management and health prediction for the population.
Health Fidelity Health Fidelity NLP Solutions for Healthcare Analytics
Health Fidelity is a relatively new and tiny technology company that aims to offer healthcare facilities large analytical solutions for data. It employs about eighty employees and raised more than 19 million dollars in investments. Health Fidelity claims itself as the leading company within its Natural Language Processing engine, designed to help health professionals use powerful analytical tools to assess areas of risk within their work.
Takeaway
These are only a few vendors providing analytics tools that hospitals and healthcare facilities can use. When selecting the best technology partner for healthcare institutions, the most important factor is to select one that provides specific solutions that satisfy the specific requirements of hospitals and clinics. Many vendors offer a free trial period for their software, which could be an excellent way to determine the value brought to your health center.