According to studies, using big data solutions in the healthcare sector can generate billions of profit. It can also significantly help reduce healthcare expenditure.
Would it not be amazing if you could contemplate the future health risk based on your current lifestyle? You might be curious about how your daily routine and eating habits are affecting your health. Wouldn’t it be great if you could have a foresight into what major diseases you might contract in the future, so that you can start maintaining a healthy lifestyle?
With mankind facing so many kinds of major diseases, the healthcare authorities should take significant measures to keep people healthy. The healthcare industry will have to face major complexities in the future and the cost would increase. Thus, a system is required that concentrates on persistent care rather than meeting short term requirements.
Health awareness has contributed to a major rise in health expenditure and therefore healthcare providers are utilizing technological advancements for providing the best healthcare services. Analytics professionals are highly in demand.
The big data platform in the healthcare industry is offering important insights about the health of a person based on his past health data, lifestyle and eating habits. According to reports, by 2022, the value of Big Data Analytics in healthcare would be more than $34.27 billion.
Contribution of Big Data Platform in Healthcare
The big data platform can offer numerous solutions to the healthcare sector, proving to be a boon for mankind.
- Health Tracking
IoT and big data solutions are bringing developments in healthcare. Different wearables are available these days which record sleep, distance walked, heart rate and more. Devices can also measure blood sugar levels, blood pressure, oximeters and more.
This data from constant supervision of body vitals can be utilized to identify patterns and trends which would help in drawing conclusions about the overall health and ultimately the future health risk. People can be warned about health issues that might pose a threat in the future so that they can take the necessary measures and the illness can be controlled. Therefore, life expectancy increases.
- Avert Abuse & Fraud
Big data solutions have helped to prevent about $210.7 million fraud for medicare. Majority of the fraud and abuse cases in the healthcare sector arise from erroneous billing and false claims. Big Data analytics can comprehend potential fraud patterns and identify fake documents.
A mismatch between product sales and billing data can help to detect fraud in billing. Moreover, false claims can be eliminated.
- Predictive Analytics
Capacity utilization can be boosted through predictive analysis. Inspecting the admission rate of the patient through past data can assist in increasing or decreasing the number of beds. Thus, hospitals can tend to more patients with the same capacity. Big data solutions provide demand forecasting data to analyze the number of hospital staff required. The scope of a heart attack in a patient, the estimated cost a patient might incur for treatment, amount of replenishment required for medical supplies can also be predicted.
- Personalized Care
With predictive analytics, the patients paying frequent visits to the hospital can be identified and they can be grouped depending on their health condition. Patients with grave health conditions can be prioritized and treated accordingly. By inspecting their past data, hospitals can provide customized care and lessen the frequency of visits.
- Avoiding Human Errors
Doctors cannot be expected to be perfect and they can also make errors. For reducing this element of manual error, Electronic health records (EHRs) are beneficial. Digital health records can provide insights into a patient’s medical history. Examination of the previous prescriptions and their fruitfulness can constrain wrong prescriptions and warn the patient immediately.
- Better Therapeutic Techniques & Diagnostic
Doctor’s prescriptions and medical reports produce a lot of data on a regular basis. Big data platform can analyze past data to determine the effectiveness of the medicines and the treatment process. It would assist healthcare providers to understand which treatment procedure is ideal for a specified circumstance. Ineffective approaches can be eliminated for getting the desired results.
- Patient Similarity
Patient similarity algorithms aid in detecting patients with identical features depending on their past health records. With this, doctors can comprehend a treatment plan for a particular illness. For instance, which treatment would work best for which group of people.
- Computational Phenotyping
It is related to transforming EHRs into valuable clinical insights. Raw data is collected from various sources such as medication, patient personal information, doctor’s prescription, lab test reports, data from sensors and more. This information is fed into an algorithm to produce medical insights which assists genomic studies and clinical operations.
- Telemedicine
The world has been experiencing a shortage of medical staff and the scenario is worse in India according to WHO. According to WHO recommendations, there should be 1 doctor for 1000 of the population but in India, 1 doctor is there for 10,000 of population.
Big data platforms can help to overcome this problem. Telemedicine enables medical services to remote locations using technology. It can be used for educating health professionals and monitoring patients remotely.
- Big Data Analytics & Medical Imaging
Millions of MRIs, CT Scans, X-Rays and ECGs are conducted daily. In recent years, the healthcare sector is utilizing this data for finding patterns across images. It can aid in examining the disease more accurately and can produce a new knowledge pool in medical science.
Big data solutions will play a major role in the healthcare sector in the coming years, as it provides advanced improvements in the field of medical science. Big data platforms can offer new insights about the human body and its internal organs. It also modifies our lifestyle significantly for the better. Seeing how big data platforms can offer numerous solutions to the healthcare sector, organizations can seek assistance from a reliable big data solutions provider like Trigent to leverage the benefits of big data analytics. To know more about Trigent’s data engineering solutions for healthcare organizations, you can visit https://www.trigent.com/services/data-engineering/.