Healthcare Value Chain and the Impact of Analytics & BI

Abstract

This study aims to investigate how the existing healthcare value chain system has significantly been impacted as a result of the increasing adoption and implementation of analytics and business intelligence (A&BI) capabilities. Given the increasing interest and investment in A&BI, it is important to have a good understanding of what A&BI capabilities healthcare organizations are utilizing to enhance value. Based on extensive search of the literature and a follow-up case study of a large regional hospital, it was found that the existing healthcare value chain (HCVC) framework is outdated and no longer effective. We therefore revised and updated the existing framework to meet the current needs of modern healthcare practices. Moreover, A&BI applications currently being deployed in healthcare organizations were identified and mapped onto the revised framework. The study contributes by illustrating how healthcare organizations currently utilize or should be using A&BI capabilities to enable them close the quality gaps.