Rising costs, chronic illness, an aging population and a shortage of professionals are forcing massive changes in the healthcare industry. To gain insight into how they can improve service while reducing costs, healthcare payers and providers are turning to data and analytics. Leading organizations are treating data as a strategic asset and putting processes and systems in place that help healthcare professionals improve decision-making and drive actionable results.
This paper discusses the value that data and analytics provide, and gives examples of organizations that are already leveraging a wide range of big data capabilities to deliver clinical and financial benefits. Readers will learn the steps that organizations should take to become data-driven and the capabilities that IBM provides to help them improve business outcomes.