Top 5 Healthcare Analytics companies 2021

Published Date : Nov 2022
Author : Poonam Gorade
Biography : Content Strategist specializing in SEO content, blog content, and social media. Extensive experience and expertise in market research based content curation

Healthcare analytics is a type of systematic data analysis which allows finding opportunities for improvement in health system management, patient engagement, spending and diagnosis to healthcare professionals. It combines real-time and historical data analysis to predict trends, drive long-term growth and reveal actionable insights. Healthcare analytics provides a combination of financial and administrative data information to hospitals and healthcare managers. This combination can support to patient care efforts, better services and improve existing procedures. The healthcare analytics provides benefits such as, it access actionable insights that inform future interactions with patients, consumers and populations, it informs populations health initiatives and allows public health organizations for better to manage the spread of disease, predict outbreaks and allocate  health resources to communities when needed and also it uncovers the root cause of consumer response or lack of response to outreach  and create personalized campaigns to improve patient engagement.

Top 5 Healthcare Analytics companies List

IBM Corporation

International Business Machines Corporation (IBM) provides computer solutions. The Company offers application, technology consulting and support, process design and operations, cloud, digital workplace, and network services, as well as business resiliency, strategy, and design solutions. IBM serves clients worldwide. The Company operates through five segments: Cloud & Cognitive Software, Global Business Services, Global Technology Services, Systems, and Global Financing. The Cloud & Cognitive Software Solutions segment delivers integrated and secure cloud, data, and artificial intelligence (AI) solutions to its clients. It comprises three business areas: cognitive applications, cloud & data platforms, and transaction processing platforms.

Cerner Corporation

Cerner offers clients a dedicated focus on health care, an end-to-end solution and service portfolio, and proven market leadership. The company was founded by Neal L. Patterson, Clifford W. Illig, and Paul N. The company also provides value-added services, including implementation & training, remote hosting, operational management services, revenue cycle services, support and maintenance, health care data analysis, clinical process optimization, transaction processing, employer health centers, employee wellness programs, and third-party administrator services for employer-based health plans.

McKesson Corporation

McKesson Corporation was founded in 1833 and is headquartered in Irving, Texas. McKesson is a top global pharmaceuticals distributor. The company delivers prescription and generic drugs, as well as health and beauty care products, to retail and institutional pharmacies worldwide. The company is also a major medical supplies wholesaler, providing medical and surgical equipment to alternate health care sites such as doctors' offices, surgery centers, and long-term care facilities. In addition to distribution, McKesson offers management, consulting, and technology services that help customers navigate supply chain, clinical, administrative, and financial operations. The US is its largest market by accounting nearly 85% of total sales. McKesson Corp. is a health services and information technology company, which provides medicines, pharmaceuticals, and care management products. It operates through two segments: McKesson Distribution Solutions and McKesson Technology Solutions. In 2019, along with three other top American drug distributors, McKesson reached a $260 million settlement with two counties in Ohio over their role in the overdose crisis. As of May 2021, the company had administered more than a million COVID-19 vaccine shots as the country continues on the path to recovery from the coronavirus.

Oracle Corporation

Oracle is an American multinational computer technology corporation headquartered in Austin, Texas. The company was founded in 1977 and the founder was Larry Ellison. Oracle Corporation is the largest supplier of database management systems software and the second largest independent software and services company in the world. The company's principal business activities include the development and marketing of an integrated line of computer software products used for database management, computer-aided systems engineering, applications development, and decision support, as well as families of software products used for financial, human resource, and manufacturing applications (known as enterprise resource planning--or ERP--software).

Allscripts Healthcare Solutions Inc.

Allscripts Healthcare Solutions, Inc. is a publicly-traded American company that provides physician practices, hospitals, and other healthcare providers with practice management and electronic health record technology. Allscripts also provides products for patient engagement and care coordination, as well as financial and analytics technology. The company has more than 180,000 physician users and has products in 2,700 hospitals and 13,000 extended care organizations. Allscripts Healthcare Solutions, Inc. was founded in 1986 and is headquartered in Chicago, Illinois. Allscripts software includes tools that give doctors access (via desktop or wireless devices) to patient drug history, drug interactions, and generic alternatives. Its products also help hospitals and healthcare organizations manage financial and operational functions. The US accounts for more than 95% of revenue.

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