The Potential Impact of Machine Learning in Healthcare RX4 Group

Machine learning is a data analysis approach that automates analytical model building. Using algorithms that iterate based on the data returned to them, machine learning uses software to locate hard to discover information without being explicitly programmed on where to look. This iterative aspect of machine learning allows for independent adaptation. In other words, the computer and its software program'learns' from previous computations and the patterns that is saw to produce reliable, repeatable decisions and results. While machine learning algorithms have been around for a long time, the ability to automatically apply complex mathematical calculations to big data is now affordable enough to be applied in a variety of ways.