With studies showing that roughly 30% of data volume from around the globe is dedicated to the healthcare industry, and that number likely to swell in even the next half-decade, the sector’s future will be either secured or compromised by data access capabilities. Top-notch, modernized data platforms will need to be in place to meet this mounting demand.
Equally important is each healthcare organization’s ability to comprehend the data in question and leverage it as a tool for understanding the past, present, and future of its business. It must be equipped with scalable and flexible data technologies — considerations covered by hybrid or completely cloud capabilities — as well as adequate means of governance and management, which can come in the form of a system such as DataOps. Every aspect of a healthcare business chain stands to benefit from data platforms that can cover the increasingly lofty expectations of modern data.
The latent rise of value-based care, as opposed to the fee-for-service reimbursement model commonly employed in previous years, has signaled the importance of useful, streamlined data methodology. Also in play is the industry-wide desire to hit the Institute for Healthcare Improvement’s (IHI) Quadruple Aim milestones, which prize data and analytics as baseline considerations for physicians and also focus on wellness for all kinds of clinicians themselves.