Client Success Stories

Driving Strategic Digital Transformation in Healthcare

Client

Large Healthcare System

Description:

Developed Innovation Strategy Process for big data analytics use cases. Collected, categorized and analyzed big data analytics opportunities for healthcare. Carried out an in depth analysis of big data analytics in clinician’s decision support scenarios and created a backlog and assessment of 26 other use cases.

Problem:

Developed Innovation Strategy Process for big data analytics use cases. Collected, categorized and analyzed big data analytics opportunities for healthcare. Carried out an in depth analysis of big data analytics in clinician’s decision support scenarios and created a backlog and assessment of 26 other use cases.

Key Insights:

❖ The highest benefit would be realized thanks to improvements in Medicare Risk Adjustments

❖ Market maturity for innovative healthcare solutions varies drastically

❖ Need for a nuanced and informed approach when implementing new technologies and practices in the healthcare sector.

100+

hospital’s health system has the potential to realize ~$400MM in cost savings and additional revenue annually

Background and Approach

Infoedge, a pioneering digital innovation and consulting firm, was approached by a client in the health sector seeking to leverage modern technology for their strategic digital transformation. This project’s objective was to address various operational challenges, including clinical decision support, workforce management, population health, and managing chronic conditions via wearables and telehealth.

To tackle these challenges effectively, Infoedge began by identifying over 20 potential use cases in the client’s operations. They then established a rigorous in-depth analysis system to assess each use case’s viability and strategic fit, with an emphasis on four key criteria: strategic willingness, internal readiness, market maturity, and the business case.

Rigorous Evaluation and Implementation

Infoedge used these criteria to ensure that each use case was in alignment with the client’s overall goals and could be feasibly implemented within their current framework. Their strategic willingness assessment made certain each use case contributed to the client’s mission, while the internal readiness evaluation ensured that the client could incorporate the necessary changes effectively.

The firm also assessed the market maturity of each use case, examining the product’s maturity and the current and future capabilities of the vendor. This ensured that each solution was technologically sound and had the potential to provide long-term benefits.

Lastly, a thorough business case assessment was carried out, considering the potential cost savings and revenue generation benefits that could be achieved through each use case. Infoedge emphasized the financial viability of each proposed solution, ensuring that the return on investment would justify the expenditure.

Outcomes and Transformation

Through this comprehensive evaluation process, Infoedge successfully implemented several transformative initiatives that were strategically aligned, internally feasible, technologically mature, and financially beneficial for the client.

These included the launch of an AI-powered clinical decision support system, a data-driven workforce management framework, population health analytics, and a novel platform for managing chronic conditions using wearables and telehealth technologies.

As a result of this strategic digital transformation, the client experienced substantial improvements in operational efficiency, cost reduction, and service quality, thus exemplifying Infoedge’s ability to drive significant value through its services.

Conclusion

In this case study, Infoedge demonstrated its strengths in identifying, analyzing, and implementing strategic digital transformation use cases. Their comprehensive assessment system ensured each solution was beneficial from a strategic, internal, market, and financial perspective. Their ability to lead their client through this successful transformation showcased their expertise in digital innovation, setting new standards for efficiency, service quality, and cost-effectiveness in the healthcare sector.

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