Creating Value in Health through Big Data

Creating Value in Health through Big Data

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  New IT infrastructurescan support innovative analyses. Investing in new IT infrastructure, ensuring data security and privacy, and utilizing data scientists can unlock the value buried in Big Data. Moving from a data warehouse structure to a “data lake” allows the needed flexibility and scale to collect, store, and analyze vast amounts of diverse raw data in close to real-time. By combining IT innovations in software, apps, and big data analytic systems, the Veterans Health Administration and Facebook collaborated to improve real-time suicide risk prevention services to vets. Big Data supports personalized medicine. Ensuring data security and privacy is paramount in the big data world. Collection and analysis of diverse data (numbers, images, text, etc.) enables providers to deliver patient centered care by prescribing customized treatment plans driven by patients and their providers. Utilizing data scientists enhances discovery. Collaboration between data scientists, health experts, and computer scientists is key to detecting and understanding previously unknown data patterns. To learn more about these innovations, check out the Health Affairs, "Creating Value in Health Through Big Data: Opportunities and Policy Implications," written by Joachim Roski, George W. Bo-Linn, and Timothy A. Andrews at www.boozallen.com/insights/insight-detail/transforming-health-care-with-big-data. BIG DATA USE By harnessing the power of big data analytics, the Sisters of Mercy Health System in St. Louis was able to reduce the incidence and mortality rates of severe sepsis and septic shock among its hospital patients. BIG DATA USE 500 billionfile cabinets by 2020. The size and amount of health care data will increase from the equivalent of the contents of 10 billion four-drawer file cabinets, to the equivalent of Health organizations can take steps now to harvest the tremendous potential this data has for better decision-making, improved outcomes, and lower costs. By adopting consent procedures for use and reuse of patient's data, The Personal Genome Project was able to support multiple research projects. BIG DATA USE Big Data has the potential to create approximately $300 billionin value annually in the health care sector. 2 of U.S. hospitals have adopted an electronic health record system. 85% THROUGH VALUE DATA IN HEALTH CREATING