Trends and Outliers
TIBCO Spotfire's Business Intelligence Blog
Category Archives: Healthcare BI
2012
Inside Big Data Analytics: How Some Companies are Pushing New Horizons
The author of a recent New York Times article describes how a host of new companies are using innovative technologies like big data analytics to collect and analyze big data to learn more about us – a lot more.
While the concept of companies trying to peer into our lives to gain competitive advantages is not unheard of, what is unique about the companies in Quentin Hardy’s article, Big Data in Your Blood, is that they’re collecting data from within us. They’re bypassing our conscious responses and gathering physiological data directly from the body itself. And they’re using big data analytics to make sense of that information.
Companies like MC10 and Proteus are using both “wearable” technologies and digestible microchips to gather and analyze information about processes like brain activity and hydration levels that they intend to use for noble causes like lowering costs and increasing levels of care, Hardy notes.
Others, like Sano Intelligence, plan to use these wearable devices to “capture and transmit” blood chemistry information continuously to an analysis platform they call the API for the bloodstream.
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Filed under: Big Data, Big Data Analytics, Healthcare BI
2012
Big Data for Big Pharma Could Mean Big Benefits
Big data has entranced financial services firms, manufacturers and even government with the potential to improve outcomes while lowering costs.
But perhaps the area with the most to gain is the healthcare arena where the benefits of efficiently assembling large quantities of data can literally be life-altering for a countless number of people.
David Shaywitz, a physician, scientist and management consultant, suggests that the next great quest in applied science is the assembly of a unified health database, a big data project that would collect in one searchable repository all the parameters that could measure or conceivably reflect human well-being.
But while many companies and academic researchers are focusing their efforts on defined subsets of the information challenge around big data, the one exception seems to big large pharmaceutical companies, he says. That’s because many large drug companies have opted to outsource big data analytics instead of viewing it as a core competency.
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Filed under: Big Data, Data Analytics, Healthcare BI
2012
How the Consumerization of Data Leads to Additional Quality of Life Improvements
In the third post of our series about how people everywhere can use data and tools to make the world a better place, we shared with you ways in which the consumerization of data helps us to live better.
Today, we’re going to focus on different ways that organizations in the public sector are using data and tools to help make our communities safer to live in.
The Boston Globe posted an article noting how serious crime has dipped to its lowest levels in 50 years in the city of Cambridge, Mass. Police are crediting their increased reliance on statistical data to identify crime trends and to predict future misdeeds.
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Filed under: Advanced Analytics, Big Data, Healthcare BI, Public data
2011
Healthcare BI Helps Physicians Improve Patient Care
Yesterday’s post discussed how the integration of business intelligence and healthcare-related smartphone apps is helping physicians save lives. Healthcare BI can also help providers when it comes to determining the ideal size of a patient panel – establishing which patients are assigned to which doctors in a practice, according to this article.
Healthcare provider organizations, whose physicians draw salaries want larger panels to ensure they get the most bang for the dollars they pay their physicians. In that scenario, doctors would opt for a smaller panel. However, a physician who owns a practices wants a larger panel in order to bring in more money.
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