Tom Davenport on new frontiers in health care via analytics. I agree, the frontier has arrived in the form of accessible data, sensors and readily available analytics.
" ... advances in information technology and emerging new processes in care delivery are setting the stage for “new decision frontiers,” Davenport said at Health Data Management’s Healthcare Analytics Symposium in Chicago. These include predictive modeling and scoring, checklists and care protocols, comparative effectiveness research, transparency around health care costs, and behavioral economics and nudges to change patient and provider behaviors.
With data analytics, decision making is becoming more automated, he asserted. But the analytics being done today are on a small scale and just scratching the surface, such as identifying patients’ clinical and financial risks, protocol adherence, embedding analytics into daily practice, and analyzing physician and patient networks.... "
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