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

How to spark support for important analytics initiatives

How to spark support for important analytics initiatives

June 8, 2021

MedeAnalytics hosted a webinar with Fierce Healthcare to explore three industry experts’ perspectives on building analytics strategies and maximizing related…

Read on...
Pandemic devours hospital revenue; these ideas can help get it back

Pandemic devours hospital revenue; these ideas can help get it back

June 3, 2021

There’s no way around it. The coronavirus pandemic has created a perfect storm that, even as we progress through the…

Read on...
The Real Payback of Healthcare Analytics: Key Questions from Healthcare Leaders Around the Nation

The Real Payback of Healthcare Analytics: Key Questions from Healthcare Leaders Around the Nation

May 25, 2021

MedeAnalytics hosted a Fierce Healthcare webinar featuring key senior leaders from three preeminent healthcare organizations in the U.S: At the…

Read on...
The future of digital health part 4: Convergence of AI and analytics for healthcare payers

The future of digital health part 4: Convergence of AI and analytics for healthcare payers

May 12, 2021

This post is the fourth and final of our Digital Health series, featuring healthcare visionary and thought leader Andy Dé. In this series, Dé has been discussing how COVID-19 has triggered remarkable digital transformation and uncovers five long-term innovation implications that providers, healthcare leaders, and payers need to consider.

Read on...