ipl-logo

Big Data In Healthcare

778 Words4 Pages

INTRO → BIG DATA AFFECT PUBLIC EXPENDITURE AND QUALITY OF THE SERVICE
The usage of big data in the healthcare sector can have significant consequences on the productivity of the healthcare system, improving the quality of care and treatment, enhancing patients’ experience, boosting industry competitiveness, and creating a range of fresh business models and services. For example, McKinsey has estimated that US healthcare could capture more than $300 billion in
value every year.
Interesting to see is that $200 billion out of those $300 billion derive from savings on national healthcare spending, that is of around 8 percent of the total national healthcare expenditure. It is necessary to go deeply into the repercussions of using big data on public …show more content…

For example, 61 percent of respondents worldwide report they’re investing heavily in application modernization. While 64 % of IT leaders in all industries are investing heavily in big data, the number is 74 % among healthcare executives, who are using sophisticated analytics to determine which treatments are most and least effective, and which risk factors pose the greatest risk to patient wellness. Those analyses are producing real results, too, because 90% of surveyed healthcare say that big data is positively impacting productivity and efficiency. Healthcare organizations, meanwhile, appear to be more successful than firms in other industries at converting that increased IT spending into innovation. For example, 79 % of surveyed healthcare say their big data investments are positively impacting innovation, as opposed to 70 percent of all …show more content…

The possibility of monitoring chronic illnesses leads to a more organized, structured and predictive way to approach patients, decreasing the need for treatment at general hospitals and cutting adverse drug events. Analyzing big data on healthcare, hospitals and clinics can predict and prevent crises, expand their preventive care offerings, optimizing the admissions and cutting the costs connected to them. Analysis of disease patterns and tracking of disease outbreaks and transmission are fundamental to improve public health surveillance, to have a faster response, to avoid predictable chronic situations reducing the need of hospitals admissions and to cut the costs related to waste of time and

Show More
Related
334 Words | 2 Pages

Is this conservation? According to the video, nowadays Texas has a higher exotic wildlife than any other place on Earth. Charly Seale is the executive director of the Exotic Wildlife Association in Texas. He is known for having more than 120 different species from Asia, Africa, and Europe in his ranch.

Read More
1624 Words | 7 Pages

In 2015, “the private information of more than 50 million individual” (Solon) by a private data firm based in the UK called Cambridge Analytica. The purpose of the firm is to read data in order to provide information to clients, be it advertisements or general consensus on pressing issues. Essentially, the firm is payed for information on people. In her article, “The Six Weeks That Brought Cambridge Analytica Down”, Olivia Solon describes that Facebook’s response to the data breach was simply asking the firm to delete it. In the recent investigation, Facebook was questioned as to why they acted how they did to which they replied that they trusted that Cambridge Analytica did as they were told.

Read More
1067 Words | 5 Pages

In today’s society, another revolutionary invention that has shaped the circulation of information is the World Wide Web, also known as the Internet. The Internet’s quality of data widely varies from either outright abominable to pristine and clear data. The widespread abundance of all of this data is now known as “Big Data” Silver (2012). Silver goes on to illustrate many examples of statistics at work among many fields such as the failure of the stock ratings agencies to properly rate the actual integrity and value of the corporations due to greed. Silver also goes on to criticize television pundits and classifies so called “analysts” and experts into two groups; hedgehogs and foxes.

Read More
860 Words | 4 Pages

In the article, “Should Tech Companies Pay Us for Our Data?” Andreas Weigend questions if companies should pay us for our data. Weigend’s purpose is to inform and explain to the audience that companies are making billions of dollars from using our data. He expresses that data is very valuable by telling us that companies treat data as an asset and data is often used for decision-making. Weigend uses stylistic techniques, establishes credibility, and provides an article that his audience can understand to create an effective and informative argument for the audience.

Read More
535 Words | 3 Pages

There are distinct advantage to embracing Health IT. Fully integrated EHRs enable rapid adaptation away from a volume-based care delivery model toward an alternative quality-based model. Tracking and improving quality of care with key performance indicators is essential to meet HHS and consumer expectation. Providers and clinicians participating in the CMS Shared Savings Program will find access to clinical intelligence enables efficient reporting and performance monitoring.

Read More
1161 Words | 5 Pages

How HIPAA and Health Information Technology Impacts Health Finance This country is a place of innovation and growth. Every week, there seems to be a new invention created to improve our way of life. This innovation has not escaped the health care industry.

Read More
1067 Words | 5 Pages

The passing of the Hi-Tech Act in conjunction with the Affordable Care Act (ACA) created a platform that has allowed for electronic medical records and health information system to become some of the defining factors for high quality service in health care. Both of these act have been key in pushing the standards of health care to the next level of high quality care. Before their passing, there was little to no reason for to health organizations to make such a costly switch to something that, at the time seemed, not worth the investment. Kaiser Permanente as long since been a big name in pushing the boundaries for health information. The truth of the matter was that both the Hi-Tech Act and the ACA did not have a hand in Kaiser’s decision

Read More
409 Words | 2 Pages

In her assessment of the American Reinvestment & Recovery Act (ARRA), Murphy (2009) discusses how its enactment provided unprecedented funding for the advancement of health information technology (HIT) which served to promote health care reform. Electronic health records (EHRs) by extension received a boost via incentivization for appropriate use in hospitals and ambulatory settings (Murphy, 2009). The benefits of EHRs include the ability to improve the delivery and quality of nursing care, the ability to make more timely and efficient nursing care decisions for nursing, the ability to avoid errors that might harm patients and the ability to promote health and wellness for the patients (McGonigle & Mastrian, 2015). An appropriate use of EHR

Read More
669 Words | 3 Pages

Week 9 Overcoming Factors That Impact Informatics Initiatives DB Main Post Informatics impacts the healthcare setting, through the implementation of EHRs. A nurse informaticist not only manages the implementation of technology but follows guidelines set by ANA. Growth in nursing is moving forward as technology is erupting on the scene. The purpose of this paper does nurse impact leadership change for nurses moving into nursing informatics. Can implementation of technological transformation the care of patients, and components of ANCC Magnet health care set?

Read More
1153 Words | 5 Pages

Obamacare’s lawfulness has been in dispute since its origin in 2010. The Patient Protection and Affordable Care Act (PPACA) was passed on the grounds that it would provide affordable government healthcare to all citizens of the US. The policies contained within give much power to the government over healthcare. These policies have helped some people gain access to healthcare. However, these policies have also taken away some of the freedoms that Americans had before (Tennant).

Read More
645 Words | 3 Pages

Therefore, it is crucial for there to be greater transparency and oversight in the use of big data and predictive analytics to ensure that these technologies do not perpetuate existing inequalities and

Read More
2897 Words | 12 Pages

The US spends 17% of DGP on healthcare or about $3.6 trillion a year (Ozcan, 2022). Emergency medicine spending has taken up 5% of these costs while increasing 51% over the past two years (Ozcan, 2022). Many of these costs are due to the fact patients cannot access primary care or they are unsure of whether to wait out their symtpoms or visit urgent care. Since the healthcare industry is notoriously inefficient, the Big Tech companies have seen this as an opportunity to use technological innovations to advance the field of medicine. However, entering this field has proved to be far more difficult than expected for certain companies due to the necessity of protecting data privacy, despite the opportunity presented by the notoriously inefficient

Read More
975 Words | 4 Pages

George Orwell wrote Animal Farm, is a fairy story that talks about animals overthrow the man who is the farm’s owner, and then there is one group becomes the capitalist instead the previous owner; this farm reveals a vicious cycle of tyranny. The story shows about capitalism and class structure of social class system between proletariat and bourgeoisie who owned the capital—the farm in order to exploit and govern the working class. We can clearly see that Animal Farm indicates the different social class and the politics of the capitalist, these interested me to discuss about them. The social class inequality in the story shows how the difference between the working class and the middle class is.

Read More
1315 Words | 6 Pages

Big brother implies the authority that regulates and monitors information and citizens. Currently, technology developments such as closed-circuit television, black box, cell phone, and a bunch of search engines, allow to record every moves that people make and to give rise to surveillance society. Surveillance society has two sides of the coin. In this essay, I will deliver pros and cons about surveillance society and possible solutions to deal with the issue.

Read More
949 Words | 4 Pages

Tracking consumers’ habits in many different aspects of their life has allowed them to gear specific products in a specific manner. The Big Data I speak of is basically new. It is the data being created by all the electronic medical records the medical industry has begun to utilize over the past few years. With the mandate from Congress every hospital in the country had to install software to utilize as electronic health

Read More

More about Big Data In Healthcare

Related Topics

Open Document