The Chang Gung Memorial Hospital, Linkou in Taiwan, has reached Stage 6 of the HIMSS Analytics Maturity Assessment Model, marking its proficiency in healthcare analytics. The hospital effectively integrated diverse data sources into a consolidated warehouse, which is used to generate insights enhancing clinical care and organisational performance. Its smart inventory management system also resulted in a less than 1% stockout rate, even amid the COVID-19 crisis.
The True Cost of Focusing on Cost Instead of Cost-Effectiveness
When payors consider only the cost of the medication and not the cost and risk to the patient, doctor, and healthcare system, the irony is
