The healthcare industry has a data problem. There is an overabundance of raw data available, and figuring out the best way to manage this data has presented many challenges. For example, the data from patient records from heart-rate monitors is quickly referenced and then forgotten.
The good news is, all of this raw data can actually be used to solve many day-to-day problems in the healthcare industry using predictive analytics. Predictive analytics is the practice of extracting information from existing data to determine patterns as well as predict future outcomes or trends.
Author: Pauline Brown