7- DATA, DATA,& MORE DATA IN HEALTHCARE by PHARMAGEEK
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7- DATA, DATA,& MORE DATA IN HEALTHCARE by PHARMAGEEK
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Rescooped by Lionel Reichardt / le Pharmageek from Internet of Things - Technology focus
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How big data is beginning to change how medicine works

How big data is beginning to change how medicine works | 7- DATA, DATA,& MORE DATA IN HEALTHCARE by PHARMAGEEK | Scoop.it

The face of medical care is rapidly changing thanks to major advancements in the capture, proliferation, and analysis of medical data. Technologies like the electronic health records (EHRs) and personal health records (PHRs) are drastically improving the way data is aggregated and shared.


Now the hope is that big data analytics will help to make sense of seemingly endless streams of medical information.


As many doctors are painfully aware, outcome-oriented care is no longer a buzzword but a reality. The Center for Medicare and Medicaid Services has started to implement a program where payments are based on the ability of providers to meet key National Quality Strategy Domains (e.g. care criteria). Public payers are testing this new methodology, and private payers are expected to soon follow.


These big data analytics applications can also be relevant for the FDA, which may want to see how drugs perform in a non-test environment to ensure the appropriate patient populations are receiving the drug. I also expect pharmaceutical companies to actively scour this data to track drug efficacy post-release or identify markets that could “benefit” from increased penetration.


I am eager to see how the data evolution improves outcomes for doctors and patients.




Via nrip, Richard Platt
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Rescooped by Lionel Reichardt / le Pharmageek from healthcare technology
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Medicine's Big Problem with Big Data: Information Hoarding

Medicine's Big Problem with Big Data: Information Hoarding | 7- DATA, DATA,& MORE DATA IN HEALTHCARE by PHARMAGEEK | Scoop.it

Information that may offer medical insights has been locked away in the filing cabinets of doctors' offices.


Researchers at IBM, Berg Pharma, Memorial Sloan Kettering, UC Berkeley and other institutions are exploring how artificial intelligence and big data can be used to develop better treatments for diseases 


But one of the biggest challenges for making full use of these computational tools in medicine is that vast amounts of data have been locked away — or never digitized in the first place.


The results of earlier research efforts or the experiences of individual patients are often trapped in the archives of pharmaceutical companies or the paper filing cabinets of doctors’ offices.


Patient privacy issues, competitive interests and the sheer lack of electronic records have prevented information sharing that could potentially reveal broader patterns in what appeared to any single doctor like an isolated incident.


When you can analyze clinical trials, genomic data and electronic medical records for 100,000 patients, “you see patterns that you don’t notice in a couple,” said Michael Keiser, an instructor at the UC San Francisco School of Medicine.


Given that promise, a number of organizations are beginning to pull together medical data sources.


more at http://recode.net/2014/06/07/medicines-big-problem-with-big-data-information-hoarding/



Via nrip
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Rescooped by Lionel Reichardt / le Pharmageek from Actus santé, médecine, innovations
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How big data is beginning to change how medicine works

How big data is beginning to change how medicine works | 7- DATA, DATA,& MORE DATA IN HEALTHCARE by PHARMAGEEK | Scoop.it

The face of medical care is rapidly changing thanks to major advancements in the capture, proliferation, and analysis of medical data. Technologies like the electronic health records (EHRs) and personal health records (PHRs) are drastically improving the way data is aggregated and shared.

 

Now the hope is that big data analytics will help to make sense of seemingly endless streams of medical information.


As many doctors are painfully aware, outcome-oriented care is no longer a buzzword but a reality. The Center for Medicare and Medicaid Services has started to implement a program where payments are based on the ability of providers to meet key National Quality Strategy Domains (e.g. care criteria). Public payers are testing this new methodology, and private payers are expected to soon follow.

 

These big data analytics applications can also be relevant for the FDA, which may want to see how drugs perform in a non-test environment to ensure the appropriate patient populations are receiving the drug. I also expect pharmaceutical companies to actively scour this data to track drug efficacy post-release or identify markets that could “benefit” from increased penetration.

 

I am eager to see how the data evolution improves outcomes for doctors and patients.

 

 

more at http://venturebeat.com/2014/10/16/how-big-data-is-beginning-to-change-how-medicine-works/ ;


Via nrip, Coralie Bouillot
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Rescooped by Lionel Reichardt / le Pharmageek from Health Care Business
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2014 Medical Cost Trend

2014 Medical Cost Trend | 7- DATA, DATA,& MORE DATA IN HEALTHCARE by PHARMAGEEK | Scoop.it
This PwC Health Research Institute (HRI) report looks at the projected increase in the cost of medical services for 2014. Read how medical cost trends affect your business.

For 2014, PwC's Health Research Institute (HRI) projects a medical cost trend of 6.5%.

Defying historical patterns—and placing added tension on the health industry—medical inflation in 2014 will dip even lower than in 2013. Aggressive and creative steps by employers, new venues and models for delivering care, and elements of the Affordable Care Act (ACA) are expected to exert continued downward pressure on the health sector

..

Healthcare organizations, hurt by a squeeze on reimbursements and what might best be described as a recession “hangover,” have spent the past few years adapting to more modest growth rates. The industry will continue those efforts in 2014, including pushing care to locations and personnel that cost less...


Via rob halkes
rob halkes's curator insight, October 16, 2013 7:00 AM

It is not just in the US that health system suffer from rising costs. All over the world (desperate) attempts are being made to save costs. However from political perspectives these can often only be based on direct savings. "Save as savings can be" seems to be the catchcry, instead of looking for sensible reduction of investements (not just budget). At least an experimental set up for finding balances between rearrangements of medical, patient and financing factors might create better results (with less costs).