Despite its complexity, data in modern healthcare comes down to something we all learned in kindergarten: Sharing is good. Data sharing is the common thread running through every interaction between patients, providers and payers, uniting them in a value-based approach that has potential to lower healthcare costs, improve healthcare quality and outcomes, and create a more patient-centered care experience.
The healthcare industry is experiencing a data explosion. The term Big Data is gaining traction as healthcare organizations realize massive amounts of data can be used to improve patient outcomes and reduce care costs. Their challenge is finding ways to unlock its benefits through big data analytics.