Healthcare has an information problem, and the cure is data analytics. Each year, the U.S. healthcare system produces 1.2 billion clinical care documents, and the data in the documents is not used as fodder for more informed clinical decision-making.
While we are collecting more data than ever before about patients and the workings of the healthcare system, we are not using data and analytics to improve how care is delivered. This is largely because the healthcare industry has been based on a fee-for-service payment model, and what that model asks of health IT is an adjudicated claims stream to state what services were provided that required payment.
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