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How Big data is Changing Healthcare from the Inside Out
featuring: IBM, Jackson Healthcare, Blue Cross Blue Shield of Georgia, and Emory Healthcare
The TAG Health society hosted "How Big Data is Changing Healthcare from the Inside Out". Explore the future of Big Data in healthcare from the most recognized brand in the space, IBM's Watson, as well as national success stories and their results. Also hear from local initiatives that are currently underway.
Consider all of the data that's captured daily by hospitals, physicians and payers. Then add the exponentially increasing amount of data generated by email and medical devices, and begin to realize the enormity of the potential for Big Data to improve care and lower cost.
According to The McKinsey Global Institute, Big Data presents an opportunity to create $300 billion annually in new value in healthcare. While this estimate addresses improved coordination of care, reduced fraud and administrative and clinical inefficiency, two-thirds of this value could occur in the form of reductions to national healthcare expenditure.
The challenge is that this estimate is based on several factors being in place in the short term, including the required IT and dataset investments, analytical capabilities, and economic incentives. If we want to convert Big Data into a strategic asset, the time is now.
Explore the challenges and opportunities for Big Data in Healthcare:
Ed Nazarko, Client Technical Advisor, Industry Architect, IBM Watson
Presentation Topics: Overview of Watson, Future of Big Data & Case Studies; Seton Health / Congestive Heart Failure; -Wellpoint / Prior authorization; Cedars / Wellpoint / Oncology
Moderated by: Wayne Oliver, Vice President, Jackson Healthcare
Dr. Richard Gitomer, President, Chief Quality Officer & Director of Clinical Services, Emory Clinically Integrated Network
Morgan Kendrick, President & GM, Blue Cross and Blue Shield of Georgia
Ed Nazarko, Client Technical Advisor, Industry Architect, IBM