Big Data is an all-encompassing term for any collection of data sets so large or complex that it becomes difficult to process them using traditional data processing applications. In the healthcare sector, Big Data can refer to a wide range of data sets including patient data, disease patterns, clinical outcome data, pricing data, or even social media. Those providers able to start harnessing the insights from Big Data today will increase their odds of winning population health management contracts with third-party payers in the future. Those that are not able to do so may quickly find themselves struggling to survive in this new world.
Mar 11, 2015
From the Healthcare & Life Sciences Institute