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Where the Money Is: Healthcare Technology



Money is flowing into healthcare technology initiatives. Some is federal funding, but everywhere the government doesn't go, private money appears ready to rush in. Yet much of this investment doesn't presume the continuation of the current hospital-oriented care system.



1 comments on "Where the Money Is: Healthcare Technology"
jkuriyan (10/9/2012 at 3:16 PM)

There are plenty of data warehouses in healthcare - most of them trying to catch "outliers". If I'm to use an analogy with accounting, we in healthcare are using "general ledgers" capturing all the transactions - and spotting the highest, lowest etc. We need to get to the next phase. In accounting it was the use of business ratios and similar ones in economics too. There is a huge amount of information buried in all these warehouses - but they are accessible only to a small group of people, most of them without the modern mathematical skills to get to the next stage. I wish they would set aside 10% of the funds in trying to revisit the data they already have - and develop some interesting new models, as economists have.