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Big Data : A Panacea to the Health Care System’s Challenges?

URN to cite this document: urn:nbn:de:bvb:703-epub-3458-0

Title data

Hajdari, Valmir:
Big Data : A Panacea to the Health Care System’s Challenges?
In: Schmid, Andreas ; Singh, Simone (ed.): Crossing Borders - Innovation in the U.S. Health Care System. - Bayreuth : P.C.O. , 2017 . - pp. 209-221 . - (Schriften zur Gesundheitsökonomie ; 84 )
ISBN 978-3-941678-63-7

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Abstract

In the last two decades, "Big Data", the analytics of enormous amounts of data files, has had an exponentially growing impact on the economy. Software solutions are being heavily researched, although so far, both technological and scientific advances are not developed enough to create programs able to accommodate the necessary sample size and thus, truly reliable information. There are countless possible applications for "Big Data" analyses, especially in industries that heavily rely on statistical data sets, such as the health care sector. Due to the current lack of software solutions capable of coping with the large data sets, today’s analysis and usage of "Big Data" is limited. Nonetheless, today's software is still able to sort through unstructured patient data much faster than any manual process could. The results of first programs in the US have shown great potential in solving problems in health care. These improved financial savings, as well as being able to take preventive measures concerning certain diseases, through to the data analysis of a whole society, and even saving lives by accelerating diagnostic procedures. Although there are certain concerns about privacy and security, this paper shows that in the future "Big Data" analysis will tackle numerous heath care related problems and increase the efficiency and efficacy of public health.

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 > Junior Professor Health Management
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-3458-0
Date Deposited: 20 Nov 2017 13:21
Last Modified: 20 Nov 2017 13:21
URI: https://epub.uni-bayreuth.de/id/eprint/3458

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