Infographic illustrates the key findings from the new study, “The Big Data Cure,” underwritten by EMC Corporation that examines the current state of Big Data in Federal healthcare. The study is based on an online survey of 150 Federal executives focused on healthcare and healthcare research in January 2014.
Key findings include:
Big Data will Transform Patient Care
- 62 percent say Big Data will significantly improve patient care within military health and VA systems
- 60 percent say Big Data will enhance the ability to deliver preventive care.
But Few Agencies are ready
- Less than one in five say their agency is very prepared to work with Big Data
- Few have invested in IT systems/solutions to optimize data processing (34%) or trained IT professionals to manage and analyze Big Data (29%)
- Feds estimate that successfully leveraging M2M technologies can reduce the cost of patient care by an average of 48%
- Feds expect the most significant impacts to be in diagnostics (75%), medical research (67%), and urgent care (67%)
- One in three say their agency has successfully launched at least one Big Data initiative – 35 percent use Big Data to improve patient care, 31 percent are reducing care costs, 28 percent are improving health outcomes, and 22 percent are increasing early detection.
- 59% believe that in five years, successfully leveraging Big Data will be critical to fulfilling their agency’s mission objectives