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The Big Deal with Big Data: Innovations and Perspectives for the United States

URN to cite this document: urn:nbn:de:bvb:703-epub-3457-4

Title data

Hatzigeorgiou, Marianthi N.:
The Big Deal with Big Data: Innovations and Perspectives for the United States.
In: Schmid, Andreas ; Singh, Simone (ed.): Crossing Borders - Innovation in the U.S. Health Care System. - Bayreuth : P.C.O. , 2017 . - pp. 197-208 . - (Schriften zur Gesundheitsökonomie ; 84 )
ISBN 978-3-941678-63-7

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Abstract

As healthcare continues to see both vertical and horizontal system integration, systems struggle to handle large aggregates of patient data. Big Data has aided in reducing costs and increasing profits, in understanding patient risk stratification, and helping to determine appropriate interventions. More recently, widespread dissatisfaction with overall healthcare costs and suboptimal quality has led to healthcare leaders searching for new strategies to improve. Big Data not only affords physicians an epidemiological insight necessary to implement widespread change, but also uses retrospective insight, pattern recognition, and predictive power to offer direct and indirect interventions, often coupled with devices or preexisting interventions. Despite some challenges in addressing patient privacy, the paradigm shift from singularly managed patients and data to Big Data systems is underway. Big Data methodologies construe the provider as an agent within a larger community or population organism, one that must adapt and change to suit the needs of those it serves. It allows for the provision of better care, in terms of the care itself provided and the logic of its distribution. In the right hands, if Big Data is the face of healthcare’s future, it will be a humanitarian one.

Further data

Item Type: Article in a book
Keywords: Health Reform; Health Care; Innovation; USA; Big Data
DDC Subjects: 300 Social sciences > 330 Economics
Institutions of the University: Faculties > Faculty of Law, Business and Economics > Department of Business Administration > Juniorprofessur Gesundheitsmanagement
Faculties
Faculties > Faculty of Law, Business and Economics
Faculties > Faculty of Law, Business and Economics > Department of Business Administration
Language: English
Originates at UBT: Yes
URN: urn:nbn:de:bvb:703-epub-3457-4
Date Deposited: 20 Nov 2017 12:40
Last Modified: 20 Nov 2017 12:40
URI: https://epub.uni-bayreuth.de/id/eprint/3457

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