We all want personalized healthcare options, however, in order to achieve this, we must let big data in to decipher and breakdown our individual wants and needs. Besides being an industry buzzword, what successes can big data translate into for healthcare workers and consumers?
The following infograpic created by Evariant, a company that helps leading hospital networks make sense of big data illustrates the following trends and benefits when big data is properly managed
· Improved profits
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Health IT | News, Analysis, Insights - HIT Consultant
Accenture: Data Breaches Will Cost Health Systems $305B Over 5 Years
Data breaches over the next five years will cost U.S. health systems $305 billion in cumulative lifetime revenue, according to a new report from Accenture. Key drivers behind the increase can be attributed to the significant increase in EHR adoption and other healthcare technology solutions creating a wealth of electronic information that includes patient data such as dates of birth, home addresses, social security records, insurance details and medical data.
Nearly 1.6
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Mayo Clinic, Viewics Partner to Use Data Analytics Serve Lab Clients and Patients
Viewics, Inc., a provider of health care analytics solutions, and Mayo Clinic recently signed an agreement that will use the Viewics analytics platform to drive key initiatives for safety, service, costs, and quality.
As part of the agreement, Viewics will deploy its data platform Viewics Health Insighter across various divisions within Mayo’s Department of Laboratory Medicine and Pathology, including the health care organization’s reference laboratory Mayo Medical Laboratories. The Viewics
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North American Health IT Market to Reach $104B by 2020
The North American health IT market is expected to reach $104 billion by 2020 at a CAGR of 13.5% during the forecast period of 2015 to 2020, according to a recent report by MarketsandMarkets. A majority of this growth is attributed to the growing adoption of various healthcare IT solutions by healthcare providers in order to meet the heightened regulatory requirements for patient care and safety, increasing need to curtail the soaring healthcare costs, and growing need to improve the quality of
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Georgia Connects With Alabama to Support Health Information Exchange
Georgia Health Information Network (GaHIN), Georgia's statewide health information exchange (HIE), and Alabama's One Health Record® today announced the success of an electronic connection between the two networks. This is the second state-to-state health information exchange (HIE) connection for GaHIN, which connected with the South Carolina HIE in 2014, and is one of only a few interstate connections in the nation.
"Healthcare doesn't stop at the state line, so we need to ensure that
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Physician Practice Guide to Accurate EHR Software Pricing
The expected benefits of any EHR systems are to improve patient care, lower administrative costs and improve billings and collections. The primary measures of effectiveness are:
- The claims collection rate;
- The number of patient visits per day;
- The amount of time spent managing faxes and paper charts and
- The direct costs of paper charts (cost of materials, storage, destruction etc.).
EHR system costs will vary widely and depend primarily on the size of the physician
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Verisk Analytics to Sell Its Healthcare Business, Could Sell for $1B
Verisk Analytics (Nasdaq:VRSK), a data analytics provider serving customers in insurance, energy, healthcare, financial services, government, and risk management has hired Morgan Stanley to sell Verisk Health, its healthcare division, according to three industry bankers, The Deal reports. Bankers estimate that Verisk Health sale could pull in between $900 million to $1.08 billion. The sales process is reportedly in the early stages and bankers have noted that the company's breadth of offerings
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Geisinger Health System to Utilize Cerner’s HealtheIntent PHM Platform
Geisinger Health System has announced it will collaborate with Cerner to use Cerner'sHealtheIntent℠ population health management platform to further extend Geisinger's data-driven population health capabilities. In a proof-of-concept project, Geisinger leveraged HealtheIntent's system-agnostic platform that normalizes data from any source, to aggregate clinical and financial data from its core EHR and other sources, such as its insurance company.
Coming off the heels of the positive proof of
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Philips, Genomic Health Partner to Utilize Innovative Digital Pathology
Royal Philips has announced a collaboration with Genomic Health, Inc., a provider of genomic-based diagnostic tests, to leverage Philips digital pathology tools in Genomic Health’s continuing scale up of its molecular diagnostic testing processes. Pathology involves the examination of patient tissue samples and plays a crucial role in the diagnosis and treatment of a wide variety of diseases, including cancer. Pathologic evaluation of tumor tissue specimens is a critical step in the genomic
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Cerner Unveils HL7 FHIR-based API to Integrate EHR Data with 3rd-Party Apps
Cerner, a global leader in health care technology, has unveiled a production version of HL7’s FHIR standard that is being tested in the Cerner Millennium electronic health record (EHR).
“This next-generation standards framework enables health care organizations to utilize Cerner’s open platform, which is designed to enable third-party innovators to advance care delivery and improve interoperability capabilities with other FHIR-compliant EHR systems,” said Dr. David McCallie, senior vice
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