The remedy to the cost crisis does not require medical science breakthroughs or new governmental regulation. It simply requires a new way to accurately measure costs and compare them with outcomes. However, it’s no surprise that the massive amount of healthcare data is incredibly complex and difficult to sort, organize, and decipher.
In a world where healthcare reimbursement models are changing, Big Data can help make sense of complex healthcare data and can calculate the total of cost of care.
- Read more: Big Data trend 2017
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