The Growth Of Revenue For All Healthcare Organisations Within The United States Essay

1104 WordsJan 18, 20165 Pages
The growth in revenue for all healthcare organisations within the United States is as tabulated below. Year Revenue (US$ mn) Growth (%) 2006 7,28,353.20 2.7% 2007 7,57,977.30 4.1% 2008 7,79,695.00 2.9% 2009 8,25,132.80 5.8% 2010 8,51,558.60 3.2% 2011 8,76,899.00 3.0% 2012 9,11,130.90 3.9% 2013 9,29,245.00 2.0% 2014 9,64,833.90 3.8% 2015 10,03,062.80 4.0% As can be seen from the growth rate which has been consistently improving over the last 10 years and betters than the industry average hence has the potential of improving its performance by incorporating the necessary business intelligence balanced scorecard. It is also to be noted that the US national healthcare expenditures is expected to reach US$ 4.1 trillion by 2019 thus representing 5.8% CAGR from the reported expenditure of US$ 3.1 trillion in 2014. Therefore investment in launching the business intelligence balanced scorecard definitely attracts attention of both public sector as well as private sector organisations. Literature indicates successful usage of business intelligence balanced scorecards in healthcare organisations - burn centre (Wachtel, Hartford, & Hughes, 1999), a kidney transplant (Colaneri, 1999), an ambulant treatment (Curtright, Stolp-Smith, & Edell, 2000), an electronic patient record (Gordon & Geiger, 1999), a children’s hospital (Meliones, 2000), anaesthesiology (Zbinden, 2002), cardiology (Chang, 2002), behaviour therapy (Santiago, 1999), dialysis (Peters, 1999), information strategy of
Open Document