Today is a great day for Chilmark Research and hopefully the world of healthcare IT.
At long last, the much anticipated Market Trends report Clinical Analytics for Population Health (CAPH) has been published. Coming in at slightly more than 100 pages with in-depth profiles on 14 vendors, it is our hope that this report will be instrumental in advancing the discussion of how analytics can be effectively used to drive strategic population health management initiatives.
Our research philosophy at Chilmark Research is relatively simple relying on three dominant criteria:
- First, target sub-sectors of healthcare IT that have the potential to be truly transformative to the delivery of care.
Clinical analytics certainly fits that criteria.
- Second, look for areas where there is a significant amount of turmoil and rapid evolution that thereby make it exceedingly difficult for end users/adopters to make sense of.
And I thought HIE market was a confusing mess, analytics even more so!
- Third, is the market potentially large enough (will we be able to sell enough studies to recoup our investment) that it is worth our effort.
We have been receiving a slew of inquiries from healthcare organizations of all sizes on state of clinical analytics, who is doing good work, who less so.
If all the above are in alignment, we dig in and dig deep for ultimately we wish to produce a report that will lead to a better, more educated market.
As is the case in this particular report, Cora and I began first mapping out a strategy to address healthcare analytics last summer. Over the ensuing months we continued to refine our thoughts (well it was really Cora refining the thoughts and passing it by me and Rob). Ultimately, we narrowed down the research effort to focus on CAPH as this was the one sector of analytics that best met the criteria above. In the months following, Cora did a tremendous amount of research that has resulted in an excellent report that is on par with our well-respected research on the HIE market and may readily become the defining report on this subject area.
Like the HIE Market Trends Report that we first started publishing several years ago, the CAPH report creates a vendor neutral framework and vocabulary for the industry to adopt and use in their internal discussions and decisions. The report also provides a close look at a number of influential vendors in the market, sizing up their relative strengths and challenges. Lastly, we plan to update this report on an annual basis to insure that the market stays well-informed on the trajectory of the market, the advances taking place and ultimately insure that the market is well-educated on the topic prior to making critical, strategic purchasing decisions.
A big thanks to all organizations and individuals we interviewed over the last year who assisted in developing our thoughts and perspectives on the clinical analytics sector – we couldn’t have done it without your valued inputs.