For example, on average, healthcare analysts earn $72,595 annually, according to. Other sites say healthcare analyst salaries are higher. Privacy PolicyĪccording to, healthcare data analysts earn a median salary of $70,000. UW Extended Campus will not share your personal information. In smaller organizations, they might be a team of one, reporting directly to leadership. They may also report to quality or IT managers. In large enterprises, they often work as part of a larger business intelligence team that reports directly to executive leaders, such as the chief medical officer or chief financial officer. Healthcare data analysts work for hospitals, health systems, large physician practice groups, health insurance companies, electronic health record (EHR) and other health information technology vendors, healthcare consulting companies, federal and state departments and agencies, and other health organizations. In addition, healthcare analysts help insurers, vendors, and others synthesize data that guides decision-making, population health management, cost containment, and quality improvement. They also provide data insights that drive clinical process improvement, such as reducing readmissions and hospital-acquired conditions. Healthcare data analysts may help hospitals, health systems, and physician groups decide whether to add a new service line, merge other providers, or join an Accountable Care Organization. Having professionals on staff who are trained to properly collect, store, retrieve, and present data that supports clinical and business decisions is vital. Data is one of the most valuable assets that any organization owns. It’s all about using healthcare data to drive decisions. Healthcare analysts may be responsible for automating internal and external reports, creating executive-level dashboards, and presenting information to help hospital executives and others understand the operational impact of the data.
Their role has become increasingly important as organizations look for ways to capitalize on big data and its various applications, including how it can be used to drive healthcare quality improvement. Healthcare data analysts-sometimes called healthcare business analysts or health information management (HIM) analysts-gather and interpret data from a variety of sources (e.g., the electronic health record, billing claims, cost reports, and patient satisfaction surveys) to help organizations improve the quality of care, lower the cost of care, and enhance the patient experience. It’s a great career choice for those who want to apply healthcare expertise in a novel and innovative way. Healthcare data analysts apply their specialized knowledge of data acquisition, management, analysis, and interpretation directly to healthcare data, providing actionable insights that physicians, clinical researchers, decision-makers, and others can use. Have you considered a career as a healthcare data analyst ?
So you’re interested in the business side of medicine.
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