Data has become one of the most valuable commodities on the planet. It is everywhere and we are seemingly always being asked to give more of it up. That corporations have found ways to monetize our data and are making huge profits from its sale is no secret. However, now that the general public is so much more aware of privacy and data concerns, they are becoming much more particular about security and high-profile data breaches are becoming an increasing concern for many corporations. When data breaches occur and private data is compromised, it not only opens companies up to litigation; it also costs an incalculable amount in loss due to PR damage.
The healthcare industry is increasingly using big data for a number of different goals. Many doctors believe that our current computing power, combined with an increasingly digitized world, means that gathering and analyzing data is easier than ever before and can be used to achieve more complex goals.
Improving Patient Care
The automatic collection of data in hospitals has proven incredibly useful in helping us to find more precise ways of evaluating performance. It is essential that hospitals are able to thoroughly evaluate the performance of both individual doctors and entire departments, with a view to improving patient care. Big data analysis can reveal where there are inefficiencies in current procedures and workflows, making it a valuable tool for a healthcare administrator.
The job of a healthcare administrator is to oversee the ward and to ensure that adequate procedures for patient care are in place. The healthcare administrator position is a very important one and it is something that anyone can now study through an online course. An online MHA degree allows students to study while pursuing full-time or part-time employment, which makes it an excellent investment in your future. Studying an online master of healthcare administration in strategy and innovation will prepare you to run wards and to deal with the everyday administrative needs of healthcare institutions.
Greener Healthcare Facilities
Becoming greener is something on everyone’s minds these days. We now have options to go paperless with our banks. We can now catch a plane to another country without printing our boarding passes – they’re now accessible on our cell phones. Big data has done the same for healthcare, but it’s not just made healthcare greener. Big data has also meant that healthcare facilities don’t need to rely on paper as much and thus, they’re saving plenty of room when it comes to filing rooms and such. More beds are now accessible for patients, and hospitals can now invest in onsite research labs to provide quicker results to healthcare professionals. We never thought big data would have such a big physical impact on healthcare facilities, but it has.
With more data about patients than ever before we are now able to make links between different variables and use these links to predict when patients will suffer from heart attacks, strokes, and other problems that can strike at any moment. Wearable computers offer an easy way to monitor patient data and are becoming increasingly sophisticated. Big data not only allows us to analyze the behavior of patients but also of the diseases themselves. Big data has already been used to help medical teams get ahead of developing pandemics and minimize the damage they cause.
By using data to analyze hospital processes, a healthcare administrator can assess how efficient current procedures are and make recommendations accordingly. It is estimated that healthcare fraud costs the industry as much as $210.7 million. There are potentially significant savings to be made by improving operational procedures. Big data has made the healthcare industry much more accurate and is already saving the government millions every year. Experts believe the only way is up as far as big data is concerned.
Big data has begun to change all aspects of our lives and could hold the key to making some dramatic leaps in the quality of patient care we provide at hospitals across the country. It’s only a matter of time before big data is the biggest player in healthcare thanks to the many benefits it provides patients and healthcare professionals.