5 Benefits for Healthcare Big Data

Doctors at The Mount Sinai Medical Center and healthcare analytics firm Explorys tell of five major reasons why Big Data is good for healthcare:

1. Better point-of-care decisions
2. Reduced re-admissions
3. Ability to manage population health
4. Advancements in healthcare research 
5. Improvements in operational efficiency

Also quoted was Michael Corcoran, chief marketing officer for enterprise BI software vendor Information Builders, the maker of WebFOCUS. Michael observes:

"When individuals can see their performance ranked among many others, it gives them more motivation to achieve better results. They have comparable, daily, real-time results, pushing them to deliver on those same levels.

I've seen a dramatic difference in the time it has taken a nurse to insert an IV into a patient from one floor to another due in part to an awareness of performance metrics. Big data makes performance data even within a hospital more accessible so that efficiency and accuracy can increase."

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