90% of the world’s electronic data has been produced in the last 2 years.
Think about that for a second.
Remember microfiche? They were publications that were stored on film you viewed in the library on a giant viewfinder. When I was in college 20 years ago, I used to spend hours (yes, I studied) going through microfiche images of newspapers from the 1800s and the 1900s. Libraries used these collections of film because storing 100s of years’ worth of publications in the shelves would have been physically impossible.
That type of information is not data in the same sense of the data being produced today. Today’s data is in an electronic format, typically stored in a machine and searchable via computer technology.
According to IBM, humans create 2.5 quintillion bytes of data every day from a myriad of sources: sensors, social media, digital pictures and videos, purchase transaction records, and cell phone GPS signals, to name a few.
How many sources of health data does your organization contribute to this 2.5 quintillion each day? (I got a headache thinking of potential sources) And, how quickly is that data needed by other applications or caregivers? “Immediately” is probably the only appropriate answer when it comes to access to patient data.
Hospitals and provider organizations are struggling to handle the massive amounts of health data being generated in a typical care environment. Think, just five years ago it was fairly innovative to simply connect the lab information system to the hospital’s information system. Today, all data is being used – or will soon be used – in applications and care programs designed to predict, interpret, and guide the patient’s care journey. No small task, and likely a driving reason why government leaders from the HHS and the ONC are calling for EHR vendors to stop blocking access to data.
We believe this “on-demand” future of health care can be realized when care organizations:
- Take control of their health data and build a foundation of interoperable data
- Create a strategic data framework to quickly respond to future demands
- Utilize modern data standards for data exchange
- Strive to become an industry leader through innovative partnerships
If you’re interested in reading more about each of these points, and hear how from a CEO who is using analytics to monitor and improve workflow, download the Preparing for the on-demand future of health care ebook.
Stay tuned for future information about the benefits of building a strategic data framework.