Using big data to lower costs and improve quality of healthcare: 5 takeaways

The global healthcare industry struggles with reducing costs while maintaining a high quality of care. Wrangling in big data can help with this challenge, according to a Mind Commence report.

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Here are five takeaways:

 

1. Medical data lives in various places, from lab and imaging systems to physician notes and financial systems.

 

2. Healthcare providers can use big data to perform analytics to increase care and profitability.

 

3. The research suggests the industry should be more data-driven, focusing on quality metrics, data source integration and data security management.  

 

4. The report also looks at the opportunities for big data to address the issue of healthcare fraud.

 

5. Leading players in the big data market include Explorys, Humedica, InterSystems, Pervasive, Clinical Query, GNS Healthcare, OmedaRX and Sogeti Healthcare.

 

More articles on practice management:
How the global healthcare economy will impact US providers: 5 key trends
Patients prefer online postop care — 5 takeaways
5 key trends on Massachusetts physician pay — And what it means for US physicians

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