Give Me My Data by Don Juzwishin

Objectives

  • Identify 4 forces that have empowered patients
  • Why they emerged
  • Why we need to pay attention to them
  • What will be policy and health delivery implications

Coiera–4 rules for reinventing health care

  • Technical systems have social consequences
  • Social systems have technical consequences
  • We don’t design technology, we design social technical systems; and
  • To understand sociotechnical systems, we must understand how people and technologies interact

Implications for the future

  • For patients
  • For researchers
  • For policy makers
  • For health care delivery

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The Three R’s Are Old School – Now It Is All About Volume, Velocity & Variety by Peter Guest

The world is changing and becoming more instrumented, interconnected and intelligent. The resulting explosion of information creates a need for a new kind of intelligence to help build a smarter planet!

 

 

 Why Business Analytics Matter

The Need for Analytics is Pervasive Across Business and Industry

  • The healthcare industry spends $250 -$300 billion on healthcare fraud, per year. In the US alone this is a $650 million per day problem.
  • One rogue trader at a leading global financial services firm created $2 billion worth of losses, almost bankrupting the company.
  • $93 billion in total sales is missed each year because retailers don’t have the right products in stock to meet customer demand.
  • 5 billion global subscribers in the telco industry are demanding unique and personalized offerings that match their individual lifestyles.

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