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.
Get our take on industry trends
3 ways to reduce friction in payer-provider relationships
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
The transition from CMS-HCC V24 to V28 heralds a significant shift in risk adjustment methodologies and emphasizes improved accuracy and…
Read on...Adapting nursing education and practice in a post-pandemic, technology-dependent world
Can AI help reduce nurse burnout? What role should nurses play in regulatory conversations? How do clinical training programs incorporate…
Read on...Championing transparent technology: Why we’ll always show you behind the scenes
Modern, tech-enabled innovations are demonstrating immense potential to transform the way healthcare is planned, delivered and paid for in the…
Read on...