Data Warehousing
Oregon Health & Science University and Intel Corp. are teaming up to develop next-generation computing technologies that advance the field of personalized medicine by dramatically increasing the speed, precision and cost-effectiveness of analyzing a patient's individual genetic profile.
The deployment of clinical and business intelligence tools is evolving, according to researchers at HIMSS Analytics, who increasingly see organizations "doing their data analytics are seeing their practice patterns," seeing what works and what doesn't, and then delivering that information to the bedside.
At the annual TEDMED conference on April 16, speakers in the opening session shared stories and innovative ideas on how big data could influence the future of medicine.
With nearly half a billion dollars raised in venture capital funding for health information technology, the first three months of 2013 represented a "record quarter," according to Mercom Capital Group.
In looking at the impact clinical decision support systems have had on the healthcare provider community, it is tempting to refer to the old adage "Be careful what you wish for." Because in the healthcare context, it means "You wanted more data, now you've got it. What are you going to do with it?"
Dubbing it "the next great American project," President Barack Obama announced the launch of the BRAIN Initiative, aimed at unlocking the many mysteries of the brain. The $100 million "to get the project off the ground" comes from the National Institutes of Health, the Defense Advanced Research Projects Agency and the National Science Foundation, and is part of the budget the president will send to Congress next week.
With big data promising enormous clinical and financial rewards for healthcare, but posing just as many technical and strategic challenges, the Institute for Health Technology Transformation (iHT2) has published a study mapping the way forward for providers at the starting line.
Sharing data has saved 92,000 lives and $9.1 billion over four and a half years, according to Premier healthcare alliance, which today released results of its QUEST collaborative, made up of 333 hospitals that are members of the alliance. Hospitals nationwide could save 950,000 lives and approximately $93 billion over five years by replicating performance boosting practices employed by QUEST.
Analytics technologies, especially tools that track population health, are the chief investment priority for organizations pursuing accountable care, according to a new report from IDC Health Insights.
When it comes to healthcare analytics, hospitals and health systems can benefit most from the information if they move towards understanding the analytic discoveries, rather than just focusing on the straight facts.