Medidata Blog

Nov. 2 Media Roundup

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Big data was big news last week, with predictions estimating that it may eventually decrease healthcare costs by $400 billion while improving patient outcomes. Based on early victories in applying big data analysis to reduce costs, experts estimate that big data has the potential to decrease healthcare costs between 12% and 17%, leading to savings in the billions.

According to McKesson CIO Kathy McElligott, speaking about the potential of big data analytics, her company is “using analytics to understand what drives the best outcomes—what treatments, medications and processes yield the best outcomes... it’s a huge opportunity to understand what path leads to the highest success.” 

Read up on all our news highlights below, and be sure to follow along all week on Twitter and LinkedIn.

mHealth and Tech

  • The potential of wearables and the data generated are continuing to generate lots of excitement, including a path to offering a better patient experience.
  • Kathy McElligott, CIO at drug distributor McKesson,  talks about the opportunity of big data analytics to optimize healthcare.
  • Newly available big data in healthcare is growing as quickly as low-cost sensors are being adopted. Predictions now estimate that it may improve patient outcomes and decrease costs by $400 billion or more.
  • Lantern has released a mobile program that includes 40 web and mobile sessions which aim to decrease stress and anxiety for users.
  • Self-tying shoes have arrived complete with Michael J. Fox showing them off in a Back To The Future throwback.
  • Kaiser Permanente found that implementing analytics meant changing its data culture. The takeaway? More eyes on data can lead to more insight.
  • San Francisco startup Amino is consumerizing big data to connect patients to better healthcare.
  • The next generation of wearables may be an “ingestible.” Jawbone is one of the companies developing tiny robots and sensors that may live in our blood streams or digestives systems.
  • Google is developing solar-powered contact lenses which may have the capacity to scan bar codes, authenticate identities, communicate with devices and other features.

Pharma and Life Science

Jacob Angevine