The amount of data that insurance companies, doctors, hospitals and patients have at their disposal is enormous. Payers have access to billions of pieces of claims data from doctors and pharmacies, while healthcare professionals across the country can collectively tap into millions of sophisticated electronic medical records that track patients and their progress. So valuable is all this information that some industry experts talk about data as the "new oil." The analogy is fitting: both are the raw material for creating value. That said, the ability to tie all these disparate pieces of information together is monumentally difficult.
Jun-27-2018, 01:12:08 GMT