Friday, May 27, 2016

Analytics alone won't save money for healthcare facility owners

With all that’s been written about analytics, fault detection, automated diagnostics, and continuous commissioning, the truth is that the technology alone does not save money. It’s not about the technology - it’s about people, processes and implementation. Technology is merely the enabler. Analytics is a tool, not the remedy. Think of it this way - you don’t feel well so you go to the doctor and the doctor orders an MRI. The MRI costs money. However, the MRI does not cure your ailment; it simply gives the doctor insight as to what is wrong.

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