Recently proposed updates to healthcare’s anti-corruption laws would make analytics an especially important lifeline for providers. In the process, they would also expand tech’s influence in healthcare and require provider organizations to shift their thinking about how patient data can be used to how it should be used.
Healthcare organizations have already turned to tech giants like Amazon, Microsoft, Google and Apple for their cloud storage services to more effectively store and analyze health and other data, with the goal of improved care outcomes and product innovation. Doing so is critical to their survival in an industry increasingly being reimbursed based on quality of outcomes rather than quantity of services.
For hospitals—whose traditional revenue streams are coming under fire from all directions—analyzing patient data correctly for the purposes of research and development and improved care outcomes can be a lifeline. Big tech companies, sensing the opportunity data storage represents in healthcare, are alreadyfighting for dominance in the industry.
In our latest insight, we outline how healthcare organizations can balance increased data analytics with data ethics in advance of a new risk and reimbursement landscape.
