Analytics vendor solutions have matured; however, vendors are struggling to exploit new sources of data in a rapidly transforming industry, according to the latest report from Chilmark Research. The report, 2017 Healthcare Analytics Market Trends Report, assess critical changes in vendor solutions and how well they map to provider needs. Chilmark finds that analytics solutions and care management applications are more tightly linked now and show promise for moving analytics-derived insights
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healthcare analytics
Why Applied Artificial Intelligence Is Here to Replace Healthcare Analytics
Editor's Note: Gurjeet Singh, PhD, CEO and co-founder of Ayasdi, an enterprise-grade artificial intelligence platform lets you create intelligent business applications and make fundamental discoveries with big data. The combination of electronic medical records, financial data, clinical data, and advanced analytics promised to revolutionize healthcare. It hasn’t happened. The common excuse is that healthcare wasn’t really prepared for the enormity and complexity of the data challenge and that,
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OM1 Raises $15M to Expand Healthcare Outcome Analytics Platform
OM1(formerly known as Better Outcomes), a Boston, MA-based healthcare outcome analytics company has raised $15M in Series A funding led by General Catalyst with participation from Glikvest, 7wire Ventures and Wanxiang Healthcare Investments. The company plans to utilize the funding to build out its tech platform that leverages big data and artificial intelligence (AI) to provide stakeholders with an analytics platform to have a holistic view and better understanding of real-world healthcare
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Three Cornerstones for Healthcare Analytics Success
Editor's Note: Nora Lissy, RN, BSN, MBA is the Director of Healthcare Information at Dimensional InsightAnalytics plays an important role for many healthcare organizations, from reducing operational costs, optimizing IT systems and infrastructure, and helping clinicians make the best decisions for their patients.Though, for many in the healthcare industry, the problem is that managing a successful analytics program can easily become overwhelming. For starters, analytics either requires a
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NTT Data, Oracle Collaborate to Bring Healthcare Big Data to the Cloud
NTT DATA, Inc. announced the expansion of its existing relationship with Oracle to include end-to-end cloud capabilities for Oracle’s Healthcare Foundation, a unified healthcare analytics platform. The platform provides data integration and warehousing of clinical, financial, administrative and -omics modules in a cloud solution to customers worldwide. The healthcare cloud offering will provide organizations the ability to easily unify, grow or replace their existing healthcare data warehouse
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3 Keys to Achieving Clinically Actionable Precision Medicine for Providers
Oracle’s Jonathan Sheldon shares his perspective on precision medicine and explains how providers can prepare for the transformation that lies ahead.The term personalized healthcare may seem like a buzzword, but it’s real and developing faster than imagined in the form of precision medicine. Using a patient’s genetic profile in conjunction with lifestyle and environmental variables to create individual treatment plans—what could be more personal than that?Thanks to technology, we are starting to
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PeraHealth Raises $14M for Predictive, Real-Time Clinical Surveillance
PeraHealth, a Charlotte, NC based provider of predictive, real-time clinical surveillance solutions has raised $14 million in funding from Mainsail Partners, a growth equity firm. As the healthcare industry progresses toward value-based care, high costs surrounding chronic diseases and infections continue to escalate. For example, sepsis kills 258,000 people in the U.S. every year and costs the U.S. healthcare system nearly $24 billion annually, according to the Sepsis Alliance. PeraHealth is
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Report: Healthcare Analytics Market Expected to Reach $43B by 2024
The global healthcare analytics market is expected to reach $42.8 billion by 2024, according to a new report by Grand View Research, Inc. Growth in the healthcare analytics market is largely being driven by: - providers ability to identify clinically meaningful outcomes in relation to costs through the investigational mining of EMRs to identify inherent medical inaccuracies in the system to provide cost effective patient treatment- accelerated adoption of big data that enables informed patient
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Healthcare Analytics Market to Reach $18.7B by 2020
The global healthcare analytics market is expected to reach $18.7 Billion by 2020 from $5.8 Billion in 2015, according to a new market research report by MarketsandMarkets. Among end users, the healthcare providers segment is expected to grow at the highest CAGR during this forecast period. The demand in this market is highly driven by federal mandates such as the implementation of EHRs and ICD-10 code sets, shift towards value-based medicine, and the increased focus on quality care and reduced
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Power of Open Data and Innovation for Health Care with Todd Park
Todd Park, U.S. CTO discusses unleashing the power of open data and innovation for health care
Great video with Todd Park, U.S. Chief Technology Officer; Former CTO, Health and Human Services (HHS) discussing how innovation for healthcare will continue to affect changes to our health-care system, create jobs and improve life for Americans. He will focus on his current work and how Healthcare.gov (which he helped create in his previous position as CTO of HHS) is being incorporated to help
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