Digitization of patient files and aggregation of public insurance data has led to an explosion of data. Big Data is revolutionizing the healthcare industry, improving the access and quality of patient care.
The U.S. produces 1.2 billion clinical care documents each year. These documents contain information about a patient’s medical history, doctor’s visits, hospital visits, previous treatments, procedures, test results and prescription medications. Physicians can access information about their patient from their electronic health record to weigh treatment options, but to really
As Big Data becomes more and more integral to healthcare, everyone on the food chain will begin to see changes. Governments, universities, businesses, everyone has a stake in the future of health care. In recent years, Big Data has already offered up amazing proof of its applications, by helping stop
Narrative Science has been a regular feature on Dataconomy over the past year, from Chief Scientist Kris Hammond’s post about the impact of artificial intelligence on banking, to the launch of their Quill Connect application for processing unstructured text data from social media. I think for AI in general, the goal is not to
The topic of prescriptive analytics or optimization (i.e. linear programming) has received increasing attention over the last few years, including new coverage by analyst firms such as Gartner, Advisory Board, Forrester and several industry thought leaders. Why the attention? Prescriptive analytics is analytics science that guides decision-making processes for businesses.
We’re a pretty suspicious lot here in the UK. Britain has the potential to be the world leader in Healthcare Big Data. We have (more or less) centralized NHS records dating back to the 1940s, and we have normalized personal data for each patient, which is far less fragmented than
Inovalon, Inc., the Bowie, Maryland located cloud-based analytics and Big Data tech provider for healthcare had filed for an initial public offering on the 30th of last month, according to SEC filing, thus becoming the first healthcare technology IPO of 2015. Inovalon is seeking $500M in an initial public offering,
Outcomes Based Healthcare, a med startup that supports the adoption of outcomes based approaches to healthcare, in alliance with big data service provider, Big Data Partnership, has bagged a match-funded grant for a £1 million project from Innovate UK, the UK’s innovation agency (formerly the Technology Strategy Board) for a
The International Rescue Committee (IRC) has revealed the intentions of deploying an Electronic Medical Records (EMR) system to counter the spread of Ebola. The announcement which came earlier last week, reports that IRC teams in West Africa have been “preparing and testing the technology”, for betterment of Ebola patients, clinicians’
The world has turned its attention to ebola as the deadly disease continues to spread, mostly in west Africa. Already, the virus has killed nearly 5,000 people in this latest outbreak, but the situation may be even more dire than that. The Centers for Disease Control and Prevention (CDC) is
Bioscience Innovator Finds Capital to Create Breakthrough “Ultrasound-on-a-Chip” Device that Promises Next Generation Healthcare
A hand held imaging device that can see real-time, moving, 3-D images of the inner workings of an organism, much like an ultrasound device, only faster and much more accurate, just got fuel for its next stage of development as Jonathan Rothberg raised $100 million to see this device to