Hospital Corporation of America
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Using It or Losing It? The Case for Data Scientists Inside Health Care
Marco D. Huesch, MBBS, PhD & Timothy J. Mosher, MD | NEJM Catalyst | May 4, 2017
As much as 30% of the entire world’s stored data is generated in the health care industry. A single patient typically generates close to 80 megabytes each year in imaging and electronic medical record (EMR) data. This trove of data has obvious clinical, financial, and operational value for the health care industry, and the new value pathways that such data could enable have been estimated by McKinsey to be worth more than $300 billion annually in reduced costs alone. If appropriate investments in data science are not made in-house, then hospitals and health systems will run the risk of becoming reliant on outsiders to analyze the data that ultimately will be used to inform decisions and drive innovation”...
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