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KAREN COATNEY
coatney@aa-er.org
The Cognitive Labor Institute, New York
ABSTRACT. Employing recent research results covering the relationship between big data
analytics capabilities, the business value of information technology, and healthcare organi-
zations, and using data from Dresner Advisory Services, IBM, Knowledgent, McKinsey
Global Institute, and Rock Health, I performed analyses and made estimates regarding
adoption of big data by vertical industry, value potential from use of big data, how smart
money is fueling digital health, and the importance of big data in healthcare organizations.
Empirical and secondary data are used to support the claim that in conjunction with cutting
edge machine learning, clinical data sources facilitate the swift propagation of prediction
patterns for numerous comparable clinical issues.
1. Introduction
Ascendingly growing quantities of data in diverse formats from various sources
question a healthcare organization’s conventional data management capabilities. Big
data analytics capabilities may further IT-enabled transformation routines, being
instrumental in business value (Dușmănescu et al., 2016) for healthcare organi-
zations. Patient data should be transformed into relevant information that reinforces
evidence-based decision-making and valid use routines for healthcare organizations.
Big data analytics may to further consensus in evidence-based medical practices,
especially where decision support capability is carried out. (Wang et al., 2018)
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2. Literature Review
Big data analytics is an innovative frontier for improving healthcare provision.
With the chances brought about by digital and information advance, the healthcare
sector can capitalize on the possible advantages of using big data technology. Big
data analytics progressively provides value (Lăzăroiu et al., 2017) to health care by
enhancing healthcare quality and end results and supplying profitable care. The
predictive character and pattern-recognition feature of big data analytics facilitate
the transfer from experience-based medicine (Pera, 2018) to evidence-based one.
(Mehta and Pandit, 2018) Big data analytics capabilities, activated by its perfor-
mances, generate developments in IT-enabled transformation routines, thus boost-
ing possible advantages for healthcare organizations. Data interpretation is a key
big data analytics characteristic which enables clinical data to be conceived in a
constructive manner to reinforce physicians’ and nurses’ regular undertakings and
assist healthcare managers in making swifter, superior decisions. (Wang et al.,
2018) The wearable device is an essential connection between health care and big
data analytics. (Wu et al., 2017)
3. Methodology
Using data from Dresner Advisory Services, IBM, Knowledgent, McKinsey Global
Institute, and Rock Health, I performed analyses and made estimates regarding
adoption of big data by vertical industry, value potential from use of big data, how
smart money is fueling digital health, and the importance of big data in healthcare
organizations. Empirical and secondary data are used to support the claim that in
conjunction with cutting edge machine learning, clinical data sources facilitate the
swift propagation of prediction patterns for numerous comparable clinical issues.
30
Figure 3 Big data use cases by vertical industry
31
Figure 5 Smart money is fueling digital health
5. Conclusions
Data-driven clinical prognostications are usual in medical routine. In conjunction
with cutting edge machine learning, clinical data sources facilitate the swift
propagation of prediction patterns (Lăzăroiu et al., 2013) for numerous comparable
clinical issues. Whereas established methods are chiefly contingent on data from
groups that are rigorously designed to diminish predisposition, evolving data sources
are commonly less configured (Nica et al., 2014), as they were constructed to
satisfy a distinct goal. Issues such as patient self-selection, misperceiving by
indication and incoherent accessibility of outcome data may generate unintentional
propensity in machine predictions. (Chen and Asch, 2017) There are five big data
analytics capabilities in healthcare: one for models of care, an unstructured data
one, a decision support one, a predictive one, and traceability. (Wang, Kung, and
Byrd, 2018)
Acknowledgments
This paper was supported by Grant GE-1347812 from the Center for Health Management at
CSA, New York.
Author Contributions
The author confirms being the sole contributor of this work and approved it for publication.
Conflict of Interest Statement
The author declares that the research was conducted in the absence of any commercial or
financial relationships that could be construed as a potential conflict of interest.
32
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