Big Data: A bucket of chicken, a big blue object and a dark cockpit

This year at the 2014 Accountable Care & Health IT Strategies Summit in Chicago, our CMO Terry Fouts moderated a discussion on community analytics. Dr. Fouts hosted the panel with Louis Ralofsky, Director Clinical Operations of eQHealth Solutions and Abha Agrawal, MD, VP, Medical Affairs and COO of Norwegian American Hospital.

Dr. Fouts kicks off the discussion by giving an overview of the current state of big data by using some unique comparisons.

First, he compares big data to a bucket of chicken — the bucket is filled with wings and breasts but no matter how much you shake the bucket, you can’t re-create a full chicken. Big data can’t always be aggregated into something meaningful.

Next he discusses the “Big Blue Object,” and how the future of healthcare could involve IBM’s Watson running decision making to avoid errors within the healthcare industry.

Lastly, Dr. Fouts explores what he calls the “dark cockpit problem.” These days pilots receive an immense amount of data and have to interpret and apply it in real time – which is very similar to healthcare industry where we must determine in real time what is actionable data and what is just noise.

Watch Dr. Fouts discuss the bucket of chicken, the big blue object and the dark cockpit problem here.  

Posted in

MedeAnalytics

MedeAnalytics is a leader in healthcare analytics, providing innovative solutions that enable measurable impact for healthcare payers and providers. With the most advanced data orchestration in healthcare, payers and providers count on us to deliver actionable insights that improve financial, operational, and clinical outcomes. To date, we’ve helped uncover millions of dollars in savings annually.

Leave a Comment





Get our take on industry trends

Introduction to social risk: What healthcare leaders need to understand

September 27, 2024

‘Social determinants of health’ has been a common phrase for decades now, but the term social risk is much less…

Read on...

AI is your new crystal ball: How predictive analytics can reduce denials

September 23, 2024

The idea of having a crystal ball to better understand what claims will be denied is an awesome concept. But one we can’t rely on. Thankfully, we have predictive analytics to take the place of a crystal ball.

Read on...

3 ways to reduce friction in payer-provider relationships

August 14, 2024

The dynamic between healthcare providers and payers has historically been quite strained. Though both parties are interested in improving the…

Read on...

Position your organization for success under CMS-HCC V28

August 6, 2024

The transition from CMS-HCC V24 to V28 heralds a significant shift in risk adjustment methodologies and emphasizes improved accuracy and…

Read on...