Australia's population is ageing. Australian Treasury stats reveal the number of Aussies aged 65 and over is set to double by 2054-55. Because older people use health services more than younger demographics, increasing pressure is being placed on the healthcare sector to provide quality care.
Technology, and more specifically, business intelligence technology can help your healthcare organisation meet these challenges.
A quick look into the challenges facing the aged care sector
By 2053, the Australian Institute of Health and Welfare (AIHW) estimates that 21 per cent of our population will be aged 65 or more – that's 8.3 million people.
75,000 baby boomers will be living with dementia by 2020.
People in this age bracket are higher users of health services. And we're witnessing an increase in the prevalence of lifestyle issues such as diabetes among this age group now, the AIHW points out. Mental health problems are also on the rise among older populations, with a Deloitte Access Economics report estimating that 75,000 baby boomers will be living with dementia by 2020, with the illness being the third largest source of health and residential care costs by 2030.
The central challenges for the healthcare sector are how to deal with a growing aged population, and the impact of chronic disease among this demographic, while not compromising on quality of care.
How can business intelligence technology help address aged healthcare challenges?
Business intelligence isn't a miraculous solution to aged healthcare problems. However, used and interpreted in the right way, it can really help you get a clearer picture of where the biggest challenges are coming from, where it can cut costs and how it can improve processes. All of these things lead to an improvement in efficiency and quality of care. So, how can you use business intelligence for aged care in Australia?
Business intelligence is a means of harnessing the power of technology to collect, manipulate, interpret and present data that can help you make sense of your organisation. In the healthcare sector, business intelligence software such as Tableau, Power BI and Qlik can be used to give providers visibility over the care being delivered to patients, rostering and budgeting.
Here are some of the ways business intelligence tools can help you meet the challenges of an ageing population:
- Presentation: Business intelligence tools help you present large amounts of complex data in a more user-friendly way. Get to grips with the most important data that you actually need to keep an eye on, rather than constantly sifting through an enormous amount of material that doesn't tell you anything. Help key stakeholders better understand key information by delivering reports that showcase important data in a digestible way.
- Monitoring: Investing in business intelligence software can help you better keep track of how patients are using your services and find out where you're falling short and need to invest more resources. In this way, you can deliver a higher quality of care to your patients by understanding their needs and ensuring these are met.
- Visibility: Using business intelligence platforms in the right way can help you pinpoint where costs are being incurred, and where savings can be made. This allows you to devote more attention and resources to certain services or areas of your business to meet growing demand. Modelling and visual representation can also help you improve efficiency in your operations, rostering and other processes, by highlighting roadblocks. Identifying these enables you to take action so you can deliver the best care possible.
- Forecasting: By collecting, manipulating, interpreting and presenting particular data sets, business intelligence tools can help you with decision-making processes by forecasting for the future. You'll be able to anticipate problems before they become too dire, instead of responding to them as they arise.
How do you implement business intelligence solutions for your healthcare organisation?
Technology can help improve aged care, but only if it's manipulated in the right way – in other words, in accordance with your unique goals. To implement and begin using business intelligence solutions for healthcare and begin improving the care you provide your patients, you need a team of experts who understand your objectives and needs and can show you how to use the software properly in order to achieve these.
Get in touch with the business intelligence experts at AtoBI, who will work with you to ensure your goals are met.