Big Data, Strategy, Technology

How can Big Data change Healthcare?

How can Big Data change or transform Healthcare? We capture Insurance information, medical history and wearable devices can track the lifestyle and provide more in-depth information on how the person actually is.
Have you noticed how a couple’s who have been together for longer periods communicate? They talk with their eyes many times. Whereas younger couple speak and share their thoughts and opinions. What happens over a period of time is that one gets to know the other better and mostly each one is proactively involved with each other.
In the same way, initially the data collected by the wearable devices can do a lot of talking and provide various parameters, but only over extended periods of time can the data be providing analysis. Patterns on how various lifestyle’s effect health and how to ensure quality care and take appropriate precautions are just a few things we can analyze from the data we collect. Insurance companies can use data to offer custom Insurance plans which can be more beneficial, Hospitals can provide personalized care, Individuals can themselves monitor and manage their health proactively.
Can Big Data alter the lives? To begin with, Yes. It can. All depends on how we are capturing and utilizing the data.
Do you agree?

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