During a presentation at Health Data Management’s Healthcare Analytics Symposium, John McDaniel, national practice leader at data storage and management vendor NetApp, laid out the sobering reasons why data analytics are coming to the health care industry and must be embraced.
Start with a “unibyte.” That’s 10 to the 24th power, the amount of data the health care industry is rapidly reaching, with the amount growing more than 40 percent annually for the next decade, he said. The data comes from clinical documentation, genomics, personal monitors and sensors, medical images, electronic health records, health information exchanges, claims, and machine-to-machine transfers, which is the fast growing data source and partly fueled by telehealth/telemedicine.
And 80 percent of the data is unstructured, coming from audio dictation, clinical narratives, email, text messages, social media, photos and videos, and voicemail, among other sources. Today, however, less than 10 percent of health care organizations are focusing on analytics and more than 60 percent haven’t started, McDaniel contended.
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Source: Information Management
Susan O said:
Data volumes are growing, and there are numerous challenges to the business to analyze and derive actionable insights from an ocean of data. Accessing and organizing unstructured data is an enormous challenge.
That is where big data analytics comes into the play. Large volumes of data, comprised of structured, as well as unstructured data, are organized and run against powerful algorithms on a distributed storage and retrieval platform to help users derive intelligence from this data.
The healthcare sector is highly governed, and issues like privacy and the implications for patients and clients are critical. Appropriate technology must be used to comply with industry and government standards for privacy and security of data.
That is not to say that these challenges cannot be met. As with most business decisions, choosing the right partner, and one who understands the challenges of the industry and of managing large volumes of data, is imperative.
Many business intelligence software vendors will focus on the features in the solution to promote sensitivity and impact analysis, and predictive analysis tools. At Elegant MicroWeb we believe that if the data behind the user interface isn’t complete and secured, the business will suffer.