A Value Chain Model for Data Analytics

By Marc Edwards B.Sc., PMP, Content Analytics, MBA

Jody Ranck from Chilmark Research has written an article about adopting a value chain model for Health Data Analytics to allow healthcare organizations to do a better job of building up their analytics capabilities and data partnerships for a more robust ROI, greater outcomes, and higher patient satisfaction.

What I like about this model is its emphasis on data governance as an important feature for any organization who wishes to be more “data-driven”. While the model doesn’t tell you exactly what to do, it’s a good starting point for one to figure out the next steps in implementing a data analytics program within an organization.

Let me know what you think about this model. Do you find it useful?