Five Ways Big Data Can Turn Health Data into Actionable Insights

Email     |     Share  
1 | 2 | 3 | 4 | 5 | 6 | 7
Five Ways Big Data Can Turn Health Data into Actionable Insights-7

Total health care spending in the U.S. is expected to reach $3.3 trillion by 2015. As the health care industry continues to move toward value-based care models, such as accountable-care organizations (ACOs) and patient-centered medical homes, data-driven technologies are playing an increasingly important role in helping bend that cost curve. According to McKinsey, Big Data analytics has the potential to save the U.S. an estimated $300 to $450 billion per year.

More specifically, data-driven technologies that help health care organizations address challenges related to population health and decision support, including hospital readmission rates, care coordination, disease prevention and patient adherence, are predicted to make up approximately 60 to 70 percent of cost savings. As risk-bearing entities begin to realize the value of data analytics tools, they are shifting from simply collecting data to really understanding the data and making it actionable at the point of care. Having immediate access to this critical patient information allows clinicians to deliver the right interventions to the right patients at the right time.

In this slideshow, Healthline shares five strategies for leveraging Big Data analytics to turn health data into actionable insights and improved outcomes.


Related Topics : Vulnerabilities and Patches, Resellers, Broadcom, Broadband Services, Supercomputing

More Slideshows

Global33-290x195 2017 and Beyond: How Digital Innovation Will Impact the World

Digital innovation is by far the biggest influencer, changing the way we do just about everything, from shopping to communication to running a business. ...  More >>

ArriaNLG-IoTAutomation0x Internet of Things Personified: Integration and Automation

The real value that the Internet of Things brings is at the intersection of gathering data and leveraging it. ...  More >>

SAPSocialCollabSuccess0x 6 Strategies for Being Successful with Social Collaboration

Enterprise social collaboration solutions are most successful when they contribute to business value and benefits that address company goals. ...  More >>

Subscribe to our Newsletters

Sign up now and get the best business technology insights direct to your inbox.