Data-mining in doctor's office helps solve medical mysteries
Bloomberg BusinessWeek, May 16, 2012
As hospitals digitize patient records and amass huge amounts of data, many are relying on companies such as Microsoft, SAS Institute Inc., International Business Machines Corp. and Oracle Corp., whose data-mining technologies can help them detect patterns and improve medical care. The analytics industry generated more than $30 billion in revenue last year, according to research firm IDC. That is forecast to increase to $33.6 billion this year as the healthcare industry becomes a bigger customer. The use of data-mining technology has already led to some measurable improvements in patient care.
Most Viewed
Most Emailed
- CMS Seeks to 'Rapidly Reduce' Medicare Spending with $1B in Grants
- Building a Better Healthcare Board
- Case Study: Advance Care Conversations
- Patient Harm Data to Remain on Medicare's Hospital Compare Site
- Quiet ORs Better for Patient Safety
- Hard-Nosed About Physician Teamwork
- Hospital Pricing Data Dump Won't Hurt You, Yet
- CMS Releases Hospital Pricing Data
- Tavenner Confirmed as CMS Administrator
- Evidence-Based Practice and Nursing Research: Avoiding Confusion
