What is Big Data in Healthcare Analytics?
What is big data in health care? It is a new technology that has the potential to revolutionize the way that medical practices and hospitals collect, store and analyze large amounts of information. The potential for abuse by doctors is real, and medical professionals are not adequately protecting themselves. The value of big data is becoming apparent. According to IDC, a business that covers network security, “The speed at which information can be processed through different layers of the health care hierarchy is increasing at an alarming rate… We are at the cusp of a new era in data sharing, where knowledge creation and the care of health will be tailored to each individual and his or her unique needs.”
The five key benefits of using predictive healthcare analytics: Faster diagnostics, improved outcomes for patients, better financial management, and more accurate treatment. The key benefit: More precise treatments. As more data is made available to a healthcare team, the focus will shift from treating symptoms to preventing problems. This is one of the reasons why predictive diagnostics are becoming the wave of the future for medical professionals.
According to IDC, “accurate, high quality and clinically relevant health data is essential for strategic planning and practice improvement.” As more patients come into contact with the doctors who handle their chronic conditions, more people are living with chronic conditions. There are many people that live with conditions for years, sometimes decades. If the care provided by a doctor is not done properly, there may not only be a high risk of death, but the possibility of disability will be high as well.
In addition to helping hospitals prevent problems before they happen, big data analytics can also help reduce expenses in other ways. For example, when unnecessary tests are done on patients, such as a CT scan of the brain, it can lead to further damage. However, if the CT scan is not done, it may be able to detect the problem earlier, saving the patient some money. When unnecessary tests are done, more money is wasted. It is not known how many unnecessary tests occur in hospitals, but the number is probably large.
In order to make better informed decisions about patients and treatment, doctors need access to accurate data. Big data analytics gives doctors this kind of access. Today, healthcare companies such as hospitals, clinics and physicians use business intelligence (BI) tools to collect, manage and analyze information about their patients. These businesses make use of applications (such as SAS, SQL or Python) that process data and allow users to make smarter business decisions. As a result, doctors are able to make more informed decisions regarding their patients, as well as save time and money.
There are two main areas of business intelligence that this technology can be applied to in healthcare. One is through predictive analytics. This enables doctors to take an actionable prediction about a patient’s recovery timeline from a certain disease or condition. This can be used to improve care, or to reduce the amount of time spent treating patients who do not respond to treatments. Other uses include preventing the need for unnecessary surgery, improving treatment effectiveness and reducing the costs of healthcare.
The second area is through personalized insights. Personalized insights can be used in hospitals to treat individual patients. For instance, a doctor can predict how a patient is likely to react to a particular drug based on the way the patient normally reacts to medication. This provides hospitals with opportunities to treat patients more effectively, saving money and time.
In a nutshell, big data analytics is a tool that enables medical institutions to gain more insights about how their patients interact with their healthcare providers. It is used to make better informed decisions about patient care, and can also reduce the costs of providing health care by reducing overuse of certain procedures. In the future, this tool will likely play a major role in transforming how doctors interact with patients in general. Some doctors may even go as far as offering personalized care through web-based apps. This will give patients greater control over the information that they share and will likely pave the way towards more medical institutions implementing big data analytics software into their workflow. This is the promise of a future where healthcare institutions and doctors work closer than ever before.