In a world where healthcare reimbursement models are changing, care is moving towards an outcome based compensation model, and industry information exists in many different sources and formats (like images, video, text, numerical data, multimedia, paper, electronic records, etc.,), it’s no surprise that the massive amount of healthcare data is incredibly complex and difficult to sort, organize, and decipher.
Procedures and terms can be, and usually are, identified differently from one department to the next. A claims department may categorize a procedure by a mix of numbers and letters, whereas the doctor refers to the procedure by a term more commonly known to the patient and a more advanced medical term in his or her vernacular.
In addition, inconsistent definitions exist for various terms, and on top of that, there’s structured and unstructured data that makes it hard to aggregate and maintain.
According to McKinsey, big data analytics can enable more than $300 billion in savings per year in U.S. healthcare alone.
This year, at the Healthcare Information and Management Systems Society (HIMSS) Annual Conference, over 40,000 healthcare IT professionals, clinicians, executives, and vendors from around the world will come together to discuss ways to improve the quality, cost-effectiveness, access, and value of healthcare through information technology.
The American Society of Clinical Oncology (ASCO) a nonprofit, professional oncology society is transforming care for cancer patients with its new solution, CancerLinQ.
Through personalized and precision medicine, doctors are able to create treatments tailored down to a micro bucket and/or individual level. They can determine how a certain treatment will affect people with a certain gene, and also benchmark past instances of a disease with a current case.
Visit HIMSS Booths 14060-14087 on March 1st from 4:00PM-4:00PM PT to join ASCO CEO, Kevin Fitzpatrick discuss how the organization is unlocking knowledge from the medical records of the 97% of cancer patients not involved in clinical trials, enabling better, more data-driven decision making.
ASCO will also showcase their success on March 2 from 12:00PM – 12:30PM in SAP Booth #5825.
On Tuesday March 1st from 4:45pm-5:15pm, in show floor Booths 15000-15209, Dinesh Vandayar, Vice President SAP Personalized Medicine will discuss the newly released SAP Foundation for Health and applications like SAP Health Engagement which help support deeper insights and connect health data silos.
At any time throughout the event, to learn more about how advanced analytics and flexible in memory computing platforms are facilitating these breakthroughs in treatment, visit SAP Booth #5828.
There, SAP and its partners will explain how mission-critical unstructured, public, private, and experimental health data can be best leveraged to ultimately save lives. For a list of all SAP Customer sessions at HIMSS, click here.
For the full and original blog, visit SAP Business Trends.
Connect with me before, during, or after the event on Twitter at @CMDonato and use hashtag #HIMSS16.