ANALYTICS CAPABILITY GAP
Limited analytics and real-time capabilities represent a critical competitive disadvantage in the current and future value-based care landscape. Without predictive analytics and real-time insights, you’re managing risk blindly – delayed data means care teams learn about critical events days or weeks too late to intervene effectively. Success in bundled payments, shared savings, and capitation requires these capabilities.
Begin immediately by assessing current data latency by source, query response times, and system performance during peak loads to establish baseline metrics.
Prioritize 2-3 high-value real-time use cases (such as hospital admission alerts, ED visit notifications, or care gap identification at point of care) and reduce latency incrementally.
Increase batch frequency to every 6-8 hours, then implement micro-batch processing (hourly), then streaming. Deploy pre-built predictive models from vendors rather than building from scratch (on average 18-24 months faster).
Address scalability issues immediately and consider cloud migration for elastic scaling. Cedar Gate’s platform provides near-real-time streaming, 20+ healthcare-specific predictive models, and enterprise scalability out of the box, accelerating transformation from two or three years to as little as 6-12 months.
While a full transformation will take longer (18+ months), it’s critical to achieve at least these minimum capabilities in the coming months to remain competitive.
IQVIA (NYSE:IQV) is a leading global provider of clinical research services, commercial insights and healthcare intelligence to the life sciences and healthcare industries and is dedicated to delivering actionable insights and accelerating innovations. Learn more at www.iqvia.com
