"Data is one of the most valuable resources of any business if used correctly. Healthcare is no exception - with the right collection, storage, and analytical methods, patient outcomes can be drastically improved. There is a huge range of benefits for patients from using data well, including better treatment effectiveness, earlier diagnosis, more personalized care plans, and faster time to market for new therapies."
"Thankfully, there is a wealth of information to help drive healthcare facilities towards these outcomes, including diagnostics, prescriptions, and electronic medical records. In fact, the healthcare industry as a whole generates about 30% of the world's data volume, so there is plenty of source material to use for research into better practices. However, many healthcare organizations are far from a perfect state for their data usage."
Data is a critical asset for healthcare that, when properly collected, stored, and analyzed, can markedly improve patient outcomes. Effective data use yields better treatment effectiveness, earlier diagnosis, more personalized care plans, and faster development of new therapies. Diagnostics, prescriptions, and electronic medical records provide abundant source material, and the healthcare industry generates roughly 30% of global data volume. Many organizations struggle with data trust and capability; 80% of healthcare leaders report lacking full trust in their data and sufficient resources. Fragmented sources force knowledge workers to spend about 30% of their workweek locating data across 40+ platforms, increasing privacy breach risks. Building a centralized data warehouse can address fragmentation and secure vital data.
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