5 Awesome Things You Should Know About Big Data in Healthcare

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When it comes to human health, it is important to know as much as possible about many different conditions in order to give the best quality of care.

Using big data for research is a solution healthcare providers and institutions are now employing to improve the care they give.

The phrase ‘big data’ refers to the large quantity of data and information businesses can use to improve themselves and their services. They can analyze the data collected to solve problems and make better decisions.

In the healthcare industry, big data is making waves. The information collected can shape the lives of those who require healthcare (which is everybody).

New technologies and software have paved the way for big data to penetrate the healthcare industry.

Here are five points everybody should know about how big data has affected healthcare.

  1. Huge Changes Are Being Made

The use of different software in the healthcare industry has dramatically changed the way healthcare systems function.

Big data is one of many kinds of software that has been integrated into the world of health. It is the most modern of available methods for patient care.

Software as a medical device (SaMD) can deliver more precise treatment to patients so they can recover faster and with better results.

SaMDs in combination with big data can provide new clinical insights and change the outcomes of potentially dangerous procedures for the better.

The benefits of big data combined with SaMDs are endless, including cutting costs of care and improving on-site medical tests and procedures.

Technology is evolving and healthcare is keeping up by integrating big data and medical software to make everyone’s lives simpler.

  1. The Three Vs of Big Data (and a bonus two!)

So many factors go into big data, especially in healthcare. That makes it especially important to have a basic understanding of what big data requires.

According to Digital Authority Partners, you have to understand the three Vs of big data in the healthcare industry in order to use it effectively.

Volume, velocity, and variety all play a role in big data analytics. What do they mean in terms of big data?

Volume refers to the amount of data that healthcare generates. This can be through websites or apps.

Velocity shows how fast data is collected and processed.  Variety refers to the different types of data that can be analyzed.

Once you know these three concepts, you can have a better understanding of the last two: veracity and value.

Veracity is the term used to describe how trustworthy are the data collected from healthcare institutions. Finally, value is just what you think it means: the worth of the data.

Knowing what to look for in big data is important when analyzing just what it means. It could lead to groundbreaking discoveries and a new life for patients.

  1. Health Opinions can be at a Patient’s Fingertips

With the implementation of big data, technology is much more easily integrated into the healthcare industry. Not only do doctors have access to medical technology, but patients can easily download healthcare apps and messengers on their phones.

People can now receive mobile messages from physicians and medical experts. This newer idea is something of a luxury that came as a result of big data analysis.

Having the ability to send a message to a doctor over a cell phone is a convenient way to look after a person’s health without the hassle of getting an appointment for minor health concerns.

The healthcare model is shifting to make it more convenient for those who need it most, and it is in part due to the increased use of big data.

  1. Providers Aren’t the Only Ones to Benefit from Big Data

According to Healthcare Weekly, everyone involved in the healthcare industry benefits from the use of big data. Providers, payers, patients, manufacturers, and pharma all reap its benefits:

  • Businesses that manufacture prescriptions will have better information so they can produce better products for patients.
  • Clinics and hospitals will be able to make changes to patient care and offer more doctor-patient time.
  • Pharmaceutical companies will be better able to recognize new patterns so they can more efficiently research new drugs.
  • Patients will benefit, largely because they will be the ones receiving better care.
  • Insurance companies will be better equipped to stop false claims and fraudulent activity. They will also be able to give better service to customers and reduce the cost of record-keeping.

Analyzing big data is a major step forward in healthcare because it makes life easier for everyone involved.

  1. Big Data Will Help Facilities Function More Smoothly

Healthcare providers often work long hours, but there isn’t always a need for them on the premises. Previously, there was never a way to know ahead of time how many doctors would be needed on a given shift.

By analyzing big data, it is easier to predict when more patients are expected to need care. It will be easier, then, for facilities to either reduce or increase the number of medical professionals on staff and the number that are on-call.

Big data can also end the struggle with print health records, allowing for there to be digital documents for every patient. 

The use of technology can give healthcare providers more time with their families and fewer headaches while at work.

Doctors will be better equipped to make the smartest, most precise decisions for medical care by studying big data analysis. The benefits seem endless, so more providers will continue to use it to make medical decisions.

By 2022, the global big data market in healthcare alone is expected to reach well over $34 billion. It has so much use in the healthcare industry that the increase does not come as a surprise.

Healthcare facilities are always looking for new ways to improve the lives of their patients. Big data analysis could be the way to do just that.