Patient Identity Resolution Statistics


Steve Goldstein
Steve Goldstein
Business Formation Expert
Steve Goldstein runs LLCBuddy, helping entrepreneurs set up their LLCs easily. He offers clear guides, articles, and FAQs to simplify the process. His team keeps everything accurate and current, focusing on state rules, registered agents, and compliance. Steve’s passion for helping businesses grow makes LLCBuddy a go-to resource for starting and managing an LLC.

All Posts by Steve Goldstein →
Business Formation Expert  |   Fact Checked by Editorial Staff
Last updated: 
LLCBuddy™ offers informative content for educational purposes only, not as a substitute for professional legal or tax advice. We may earn commissions if you use the services we recommend on this site.
At LLCBuddy, we don't just offer information; we provide a curated experience backed by extensive research and expertise. Led by Steve Goldstein, a seasoned expert in the LLC formation sector, our platform is built on years of hands-on experience and a deep understanding of the nuances involved in establishing and running an LLC. We've navigated the intricacies of the industry, sifted through the complexities, and packaged our knowledge into a comprehensive, user-friendly guide. Our commitment is to empower you with reliable, up-to-date, and actionable insights, ensuring you make informed decisions. With LLCBuddy, you're not just getting a tutorial; you're gaining a trustworthy partner for your entrepreneurial journey.

Patient Identity Resolution Statistics 2023: Facts about Patient Identity Resolution outlines the context of what’s happening in the tech world.

LLCBuddy editorial team did hours of research, collected all important statistics on Patient Identity Resolution, and shared those on this page. Our editorial team proofread these to make the data as accurate as possible. We believe you don’t need to check any other resources on the web for the same. You should get everything here only 🙂

Are you planning to form an LLC? Maybe for educational purposes, business research, or personal curiosity, whatever the reason is – it’s always a good idea to gather more information about tech topics like this.

How much of an impact will Patient Identity Resolution Statistics have on your day-to-day? or the day-to-day of your LLC Business? How much does it matter directly or indirectly? You should get answers to all your questions here.

Please read the page carefully and don’t miss any words.

Top Patient Identity Resolution Statistics 2023

☰ Use “CTRL+F” to quickly find statistics. There are total 18 Patient Identity Resolution Statistics on this page 🙂

Patient Identity Resolution “Latest” Statistics

  • NBCUniversal reduced costs by up to 40% over the traditional system by using Neptune to tailor content experiences for its consumers.[1]
  • The consolidation rate is 20% if you ingest 100 source records and produce 80 unified profiles.[2]
  • Despite the significance of correct data, just 14% of respondents said their patient identification management systems’ current level of accuracy left them highly happy.[3]
  • 72% of respondents expressed worry or serious concern about how erroneous compartmentalized personal data affected both the bottom line and the quality of treatment.[3]
  • Digital transformation projects are respondents’ second highest priority behind patient satisfaction, with 86% of respondents saying the pandemic has accelerated the need for digital solutions to both attract and retain patients.[3]
  • According to Clay Ritchey, CEO of Verato, in an email, the majority of identity resolution algorithms only have an accuracy rate of around 65%, which indicates that about half of an organization’s patient data may be incorrectly duplicated or fragmented.[3]
  • 92% of respondents said that social determinants of health are crucial for achieving analytical objectives.[3]
  • 60% of respondents said that patient identification data is crucial for all organizational operations and projects.[3]
  • Basic or built-in identification resolution software only achieves a 65% accuracy rate, which is not acceptable, particularly when patient care is at stake.[3]
  • Health systems ranked enhancing patient satisfaction levels as the top strategic priority (42%), and efforts are concerned with resilience, manpower shortages, and digital transformation (37%)[3]
  • Although 76% of customers want firms to understand them and their requirements, 51% of respondents to Salesforce claim that source.[4]
  • According to McKinsey, a fundamental shift in perspective toward the customer and improvements in operations and IT may result in a 20%–30% increase in customer satisfaction.[5]
  • IHDE achieved its objective of ensuring a clinical data repository that is more than 99% clean, which is essential for attaining patient safety, data integrity, security, and interoperability.[6]
  • The HIEs MPI technology decreased IHDE’s identified duplication rate to less than 1%.[6]
  • The shift from prevalent desktop and mobile identifiers to a more privacy-focused approach is crucial since U.S. programmatic display ad expenditure is predicted to reach $123 billion in 2022.[7]
  • In a pool of many patients with fewer data items, an algorithm that produces near 100% matching in a pool of few patients with numerous data elements may perform less correctly.[8]
  • More and more people are using EHRs to create electronic healthcare data; in the U.S., 72% of doctors who practice in offices currently make use of an EHR.[8]
  • Almost 11,000 new patient records were added to the register as a consequence of the immediate processing of 95% of the held data and the removal of those records from the holding category.[8]

Also Read

How Useful is Patient Identity Resolution

To put it simply, patient identity resolution is the process of accurately linking an individual to their medical records, treatments, and other relevant information. This may seem like a straightforward task, but in reality, it can be quite complex and challenging. With patients moving between different healthcare providers, adding new information, or changing personal details, keeping track of who is who can become incredibly difficult.

There are several reasons why patient identity resolution is so crucial. Firstly, it ensures that patients receive the right care at the right time. When medical professionals have access to accurate and up-to-date information about a patient, they can make more informed decisions about their treatment and management. This can lead to better outcomes for the patient and overall improvements in the quality of care provided.

Secondly, patient identity resolution plays a vital role in maintaining patient safety and preventing medical errors. Misidentifying a patient can lead to potentially dangerous situations, such as administering the wrong medication, performing the wrong procedure, or overlooking important medical history. By accurately resolving patient identities, healthcare providers can minimize the risk of such errors occurring and enhance patient safety.

Furthermore, patient identity resolution is essential for ensuring the efficient and effective operation of healthcare systems. Without accurate patient identification, providers may struggle to coordinate care, share information, or maintain continuity of treatment. This can lead to delays in care delivery, duplication of services, or unnecessary costs, all of which can strain the resources of healthcare organizations and compromise the overall quality of care.

Despite its importance, patient identity resolution is not without its challenges. Fragmentation of healthcare systems, lack of interoperability between different providers, and variations in data standards can all contribute to difficulties in accurately resolving patient identities. These challenges are further compounded by issues such as duplicate records, data inaccuracies, and inconsistent patient information, which can create confusion and uncertainty for healthcare providers.

Fortunately, advancements in technology, particularly in the areas of data analytics, artificial intelligence, and blockchain, offer promising solutions to improve patient identity resolution. By leveraging these technologies, healthcare organizations can automate and streamline the process of identifying patients, reduce errors, and enhance the accuracy and reliability of patient records.

In conclusion, patient identity resolution is a fundamental aspect of healthcare that cannot be overlooked or underestimated. By ensuring accurate and reliable identification of patients, healthcare providers can enhance patient care, improve safety, and optimize the efficiency and effectiveness of healthcare systems. As advancements in technology continue to evolve, the future of patient identity resolution looks promising, offering new opportunities to enhance the quality and delivery of healthcare services for patients around the world.

Reference

  1. amazon – https://aws.amazon.com/blogs/database/building-a-customer-identity-graph-with-amazon-neptune/
  2. salesforce – https://help.salesforce.com/s/articleView?id=sf.c360_a_resolution_summary.htm&type=5&language=en_US
  3. medcitynews – https://medcitynews.com/2022/02/survey-finds-execs-aware-and-concerned-about-rampant-patient-data-inaccuracies/
  4. segment – https://segment.com/blog/identity-resolution/
  5. towardsdatascience – https://towardsdatascience.com/an-introduction-to-entity-resolution-needs-and-challenges-97fba052dde5
  6. healthcareitnews – https://www.healthcareitnews.com/news/idaho-hie-reduces-duplication-rate-less-1-mpi-tech
  7. insiderintelligence – https://www.insiderintelligence.com/content/navigating-chaos-identity-resolution
  8. nih – https://www.ncbi.nlm.nih.gov/books/NBK208618/

Leave a Comment