Posts Tagged ‘transforming healthcare with big data’

Infographic: Growth Opportunities for Healthcare Big Data

January 4th, 2017 by Melanie Matthews

The healthcare industry has been a laggard in Big Data adoption as compared to other verticals and continues to battle challenges around interoperability, budget constraints, and insufficient strategic planning and change management, according to a new infographic by Frost & Sullivan.

However, the intent to leverage the power of Big Data is evident across all industry stakeholders, including governments, payers, providers, suppliers (pharmaceutical, medical devices, and technology companies), and consumers. The goal is to make healthcare more predictive and prescriptive through meaningful information and insights. Big Data and analytics will play a key role in this direction, with the most important areas of application being population health management, clinical decision support, and real-world data.

The infographic drills down on the need for big data in healthcare, the changing roles of industry stakeholders and the big data opportunities.

Growth Opportunities for Healthcare Big Data

Health Analytics in Accountable Care: Leveraging Data to Transform ACO Performance and Results Between Medicare’s aggressive migration to value-based payment models and MACRA’s 2017 Quality Payment Program rollout, healthcare providers must accept the inevitability of participation in fee-for-quality reimbursement design—as well as cultivating a grounding in health data analytics to enhance success.

As an early adopter of the Medicare Shared Savings Program (MSSP) and the largest sponsor of MSSP accountable care organizations (ACOs), Collaborative Health Systems (CHS) is uniquely positioned to advise providers on the benefits of data analytics and technology, which CHS views as a major driver in its achievements in the MSSP arena. In performance year 2014, nine of CHS’s 24 MSSP ACOs generated savings and received payments of almost $27 million.

Health Analytics in Accountable Care: Leveraging Data to Transform ACO Performance and Results documents the accomplishments of CHS’s 24 ACOs under the MSSP program, the crucial role of data analytics in CHS operations, and the many lessons learned as an early trailblazer in value-based care delivery.

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Infographic: Using Big Data To Save Lives

October 5th, 2015 by Melanie Matthews

Healthcare organizations are challenged by the large amounts of healthcare data they collect, according to a new infographic by IBM.

The infographic examines the amount of data that healthcare organizations receive and the potential for that data to save lives.

Using Big Data To Save Lives

From home sensors that track daily motion and sleep abnormalities to video visits via teleconferencing, Humana’s nine pilots of remote patient monitoring test technologies to keep the frail elderly at home as long as possible. When integrated with telephonic care management, remote monitoring has helped to avert medical emergencies and preventable hospitalizations among individuals with serious medical and functional challenges.

In Remote Patient Monitoring for Enhanced Care Coordination: Technology to Manage an Aging Population, Gail Miller, vice president of telephonic clinical operations in Humana’s care management organization, Humana Cares/SeniorBridge, reviews Humana’s expanded continuum of care aimed at improving health outcomes, increasing satisfaction and reducing overall healthcare costs with a more holistic approach.

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Infographic: Big Data in Healthcare

April 15th, 2015 by Melanie Matthews

Big data holds a lot of promise for the healthcare industry, according to a new infographic by Mana LLC.

Precision medicine, biopharmaceutical R&D productivity, mobile health and telemedicine have already seen impacts from big data. The infographic takes an in-depth look at the potential for reduced spending with big data use and the greatest big data opportunity in healthcare.

2015 Healthcare Benchmarks: Telehealth & TelemedicineThe world of digitally enabled care is exploding: the number of patients using telehealth services will rise to 7 million in 2018, according to IHS Technology; healthcare apps and ‘wearables’ are trending in technology circles; and CMS’s new ‘Next Generation ACO’ model features modifications to expand telehealth coverage.

2015 Healthcare Benchmarks: Telehealth & Telemedicine delivers actionable new telehealth metrics on technologies, program components, successes and ROI from more than 100 healthcare organizations. This 60-page report, now in its fourth year, documents benchmarks on current and planned telehealth and telemedicine initiatives, with historical perspective from 2009 to present.

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Infographic: Consumer Understanding of Health Insurance Coverage

February 13th, 2015 by Melanie Matthews

While the ACA has encouraged the U.S. healthcare system to become more consumer-focused, a recent online survey, conducted by Harris Poll on behalf of SCIO Health Analytics®, revealed that many insured Americans do not have a clear understanding of what healthcare services are covered under their current plan, and have avoided visiting a doctor for a general health concern within the past 12 months because of cost concerns.

An infographic by SCIO Health Analytics delves into the study’s findings, with a look at the number of individuals who did not seek medical care due to cost concerns, the impact of this avoidance and how health plans can use big data to provide appropriate guidance to healthcare consumers.

Narrow Network Strategies and Trends for Health Plans and PBMsNarrow networks — for both medical and pharmacy providers — are gradually becoming more accepted by carriers, plan sponsors and patients. Smaller provider networks allow payers to manage overall healthcare costs while still maintaining access to benefits — an important consideration as plan designs become more commoditized in the age of public and private health insurance exchanges.

Narrow Network Strategies and Trends for Health Plans and PBMs outlines the tactics health plans are using to restrict medical and pharmacy networks while still maintaining adequate access to care and positive relationships with providers. It also summarizes case studies of health plans and PBMs that have formed narrow networks and the results they’ve seen.

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Infographic: Healthcare Big Data

December 20th, 2012 by Melanie Matthews

Big data could save the healthcare sector $300 Billion in savings each year stemming from poorly coordinated care, fraud & abuse, and administrative & clinical inefficiency, according to an infographic created by Healthcare IT Connect (HITC).

With an estimated 50 Petabytes of data in the healthcare realm, big data is growing exponentially in playing a huge role transforming healthcare. So, where does this data originate from and how does it flow throughout the delivery of healthcare?

The infographic shown below visually demonstrates the journey of big data beginning with the healthcare data creators (healthcare providers) and public health agencies (registries) all the way to the technology vendors and consumers. Additionally, it highlights 6 ways big data will transform healthcare.
Healthcare Big Data

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