Benefits and required capabilities of BI-tools in the private healthcare

Ratia, Milla; Myllärniemi, Jussi; Helander, Nina

doi:10.1145/3131085.3131128

Cited by 1 publication

(3 citation statements)

References 22 publications

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“…Furthermore, to get more specific perspective on this issue, we need to gather more empirical data from the private health care organisations, especially from different organizational levels to accomplish a broader view on the benefits of BI and use of BA to achieve even more deep understanding of factors having impact on enhanced decision-making in the private healthcare sector (Ratia et al , 2017; Brandão et al , 2016). Moreover, we need to study more of data analytical methods and processes, i.e.…”

Section: Discussionmentioning

confidence: 99%

“…Moreover, we need to study more of data analytical methods and processes, i.e. BI tools, to be able to point out requirements and features that are essential for the private healthcare sector to gain deeper understanding of factors having impact on value creation (Ratia et al , 2017; Brandão et al , 2016; Gartner, 2017). In addition, human capital and information hiding is an interesting an emerging theme in the context of IC and KM discussion (Asrar-ul-Haq and Anwar, 2016).…”

Section: Discussionmentioning

confidence: 99%

“…For example, automating manual processes such as physician’s written notes and prescriptions, medical imaging or laboratory results processing etc. Moreover, data generated by social media or machine generated sensor data can be processed more efficiently and enable enhanced decision-making (Ratia and Myllärniemi, 2017; Ratia et al , 2017; Demirkan, 2013). Another successful example of business analytics (BA) case is identifying the most clinically and cost-effective treatments.…”

Section: Introductionmentioning

confidence: 99%

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The potential beyond IC 4.0: the evolution of business intelligence towards advanced business analytics

Ratia

Myllärniemi

Helander

2019

MBE

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Purpose The private health care sector is seeking to improve their understanding of business processes to be able to improve their performance. The purpose of this paper is to understand the future needs of the private health care sector organizations in terms of business intelligence (BI) and business analytics (BA) to ensure value creation. Design/methodology/approach The four evolution stages of intellectual capital enriched by managerial data-driven approach are used as a framework to point out the future of BI or BA in the private healthcare sector. The research includes private health care organizations, BI vendors and management consultants in Finland. Findings Based on the findings, the private health care is stepping towards a new phase of data-driven decision-making, requiring to change the whole set of mind towards use of data and required capabilities. Moreover, it shows that the future factors of BI varied from practical tools and methods such as predictive and prescriptive analytics along with AI, to more conceptual factors such as social BI co-creation and platforms. Practical implications As an outcome, this study provides an understanding of the role of IC components in the future BI and use of BA as well as provides a valuable insight into the future potential of BI in the private health care sector. Originality/value Data-driven decision-making and seeking for new business opportunities are currently one of the most discussed topics in the private health care sector. By identifying the future opportunities of BI and BA, this study provides a better understanding of the role of IC components and BI in creating potential for new business for private health care.

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Section: Discussionmentioning

confidence: 99%