Big Data in the healthcare industry

Introduction

The advancement of technology has grown so much that data has become the oil of the 21 century. The term big data and data science is now common in all areas of lives, one such area which is still researching on the benefit and usage of the term big data is the healthcare industry. It is very important to consider the various scope this term covers. Big data is general define the 3Vs which is 

1.      Velocity

2.      Variety

3.      Volume

The healthcare industry generates large amount of data from the various areas i.e. patient care records, research and diagnostics reports and general clinical dataset. The need there for to understand the sociotechnical impact with the healthcare industry  

Scope

The growing cost of healthcare and the amount of data generated seek to be a concern for the healthcare professional hence the scope of the is research will focus on answering the below concern and questions.

1. When will I need big data?
2. What should I do to prepare for big data?
3. What’s the best way to use big data?
4. What is Health Catalyst doing with big data?

Purpose

By digitizing, combining and effectively using big data, healthcare organizations ranging from single-physician offices and multi-provider groups to large hospital networks and accountable care organizations stand to realize significant benefits [2]. Potential benefits include detecting diseases at earlier stages when they can be treated more easily and effectively; managing specific individual and population health and detecting health care fraud more quickly and efficiently. Numerous questions can be addressed with big data analytics. Certain developments or outcomes may be predicted and/or estimated based on vast amounts of historical data, such as length of stay (LOS); patients who will choose elective surgery; patients who likely will not benefit from surgery; complications; patients at risk for medical complications; patients at risk for sepsis, MRSA, C. difficile, or other hospital-acquired illness; illness/disease progression; patients at risk for advancement in disease states; causal factors of illness/disease progression; and possible co-morbid conditions (EMC Consulting). McKinsey estimates that big data analytics can enable more than $300 billion in savings per year in U.S. healthcare, two thirds of that through reductions of approximately 8% in national healthcare expenditures. Clinical operations and R & D are two of the largest areas for potential savings with $165 billion and $108 billion in waste respectively [24]. McKinsey believes big data could help reduce waste and inefficiency in the following three areas:

Reference

David Crockett

Ph.D., Research & Predictive Analytics, Sr. Director

https://www.healthcatalyst.com/predictive-analytics-big-data-big-mess

Planning and Forecasting

Scenario base planning is among the many tools that an organization or a manger can use for strategic planning and innovation.  According to (Hodgson, 2004) the use of scenario planning validates future planning and innovative ideas. These planning tools enable as to plan strategically because ideas are not limited to only one side. This brings able lots of options and this lead to greater innovative ideas.

Scenario base planning was initially use by the military for their planning purposes but it was later transformed and introduce to business application in the early 1960s by Herman Kahn. Since then this too has been implemented various aspect of the life and innovation. The methodology has the capacity which allows to better understand it future operating environment. This tool gives the detail forecasting into the events of the future hence creating room for better planning. Since scenario planning establish approach communication between customers and developers, and allows for describing alternative options of solutions (Drew, 2006). Due to this fact this methodology could help to generate a large area for invention and creative innovations.

Innovation always seek to solve problem of the future and with scenario base planning since the technique make use of constant communication with the end-user, every innovation through this method improve new ideas and generate things that end up resolving issue that meet the needs of the organizations and the society as hood.  There are forces that help the smooth implementation of scenario base planning and innovation. 

Scenario building is

Superior to many other methods where number of factors to be considered and the degree of uncertainty are high;

Stimulates strategic thinking, creativity, communication and organizational agility

A tool for allowing individuals and organizations to 'create their own future'.

Always in terms of advantages we can say that a well-crafted (normative) scenario allows an organization to become proactive, working specifically for their desired future, rather than sitting by and passively waiting for whatever the world delivers.

Forces and Impact

 There certain elements or components that help speed planning and the innovations using the scenario base planning method.  Within this process: There is the constant use of effective communication between developers and world or the end user. The impact of this constant communication helps the developer to understand the need of the user, thereby being in the best position to develop ideas that can and will change the situation and the world at large.  

Another force that can impact these methodology is the implementation constructive thinking process. This process allows all parties in involve to think and bring about creative ideas that can help with the innovation. Since this concept is a collaboration of individuals with different ideas , it enables the desire out come to be reached.

Conclusion

In summary paper and over view seek to highlight the importance of the adoption of scenario type of planning in the design and creation of new things in the area creativity and innovation. This research went further into seeking the importance of the process as well as it impacts in the future.  I believe the implementation of this process in my organization will go a long way to help with the innovation of great and life changing solutions. I will adopt this process in the area of management and personal handling.

Scenario planning have a great impact to social changings. This is possible because of the involvement of individuals and the constant communication. This create room for the development of new ideas and this in the long end affect the social change.

Reference

Drew, S.A.W. (2006) ‘Building technology foresight: using scenarios to embrace innovation’, European Journal of Innovation Management, Vol. 9, No. 3, pp.241–257.

Huss, W.R. and Honton, E.J. (1987) ‘Scenario planning–What style should you use?’, Long Range Pla

Planning and Forecasting 2

The development and growth of a business or organization depends on how the organizations predict and forecast for the future where the organization will be in the next generation. It is very important that a detail analysis is taken into the serious consideration and plan put in place to enable the organization to define the future and growth of the organization. With the advancement of data generation and collection , predication of the future and  forecasting the outcome of the organization is very important . There are various predication and forecasting in the various field which came to reality. One such predication was recorded as cited 1988 prediction that the famous author Isaac Asimov predicted that we would use the internet to learn (Maceiras, 2013)

  The predication was hoping to connect the human race and machines there by enhancing the ability to study. This lead to him forecasting the event and the levels of the element it will address. This predication was believing to turn the libraries into a class where learning is conducted by books instead of a teacher. Some of the forces that affected the internet coming of age and learning thought the internet a reality was the ushering of high speed networks (Lerner, 2006) and accessibility. During that era the use of the computer was very limited and as mainly for the office hence computer was called the office PC.

This predication and idea is further extended today with concepts like virtual reality and augmented reality that can take an individual and transport them into a new place or new environment within the confines of their own home anywhere in the world.   This type of power is what Isaac Asimov said in this interview and visualized in his mind was a possible future shaped by additional forces.
Taking a look at this event show how important for a detail in deeper research into the topic and predication and forecasting within a business or organization. Isaac Asimov predication years ago has now become a reality. Today the internet has turn the entire world into a global village and truly the library is now the teacher. With this predication and forecasting our generation today can get things done faster.
In summary it is very important the future of things done today have to be taken a critical look so that it will drive the force for the next generation. Forecasting and predications have to be taken great look at in all event and organizations must make is a point have long time and short time forecasting and predication which will advance growth and stability of the business or organizations.

Reference

Leiner, B. M. (2006). Brief history of the internet . Retrieved from www.internetsociety.org: http://www.internetsociety.org/internet/what-internet/history-internet/brief-history-internet

Maceiras, M. (2013). Predictions from the past that came true. Business Insider , 8.

Planning and Forecasting

A primary focus for planning in every area is to enable goals and vision set to be accomplished in a much better and easier ways. For us to compare and contrast the two systems thus (Scenario planning and Traditional Forecasting), It is very important we understand what each system means.
Scenario Planning:
     Scenario Planning is considered important tool which enable organizations and business to prepare for and un for seen events. This planning process helps organization to be more flexible in their planning and innovation for the future (Singh, 1998)  . Adapting scenario planning help organization to plan ahead to resolve future problem. Herman Kahn is considered one of the founders of futures studies and father of scenario planning, defines scenario in his book as “a set of hypothetical events set in the future constructed to clarify a possible chain of causal events as well as their decision points”


Traditional Forecasting:
      Traditional Forecasting is another system used by organization and business to plan the growth and advancement base on past data. These type of planning relays on past events and a technique is employed analysis the future.  
To compare and contrast this two planning systems means trying to get to know the strength and weakness of each system .  
Traditional forecasting  tend to fail most of the time because planning is base on old data that may have gone through lot of change . This can affect the growth and innovation for the future . This system of planning is limited due to lack of data  and also using old and out of mood information.
Scenario Planning has is back side which can affect the planning of an organization . This system make use of the data available which may or may not be correct and current. However this planning method requires more data and deeper insight to enhance good planning which will meet the demand of the end user (Customers) Who could have predicted the fast rise of something like YouTube (Johnson, 2011)?
Conclusion
 Taking the journey into the world future planning it is made clear both methods have both the good and the bad sides . It is very important that a detail investigation is carried out on which ever method an organization decides to employ . The ability to forecast and plan correctly will help with future innovation and invention that will help resolve issues in a from a small starting point .

Reference

Johnson, S. (2011). Where good ideas come from: The seven patterns of innovation. London: Penguin.
Personal Expert System: World Association of Newspapers Scenario Planning. (2013, January 1. http://personalexpertsystem.blogspot.com/2013/08/world-association-of-newspapers.html
Singh, H. (1998). Scenario planning. New Straits Times , 09.