United States

Bigger Data, Better Outcomes - Healthcare providers can improve operational decision making

Mar 23, 2015
From the Healthcare & Life Sciences Institute

The healthcare industry is currently undergoing a revolution fueled by the increased availability of data, similar to what the retail and financial services industries experienced in the last decade. Today, there are tools to help healthcare providers not only survive but flourish, even as the healthcare industry converges, demands for transparency increase, regulations evolve, and budgets and resources shrink.

The big data tools and technologies available today can harness the power of increasingly available data. Applying advanced analytics to this data can yield actionable insights into such critical areas as provider-payer collaboration, population management, cost reduction, improved health outcomes, patient safety, physician satisfaction, and more.