How Does Healthcare Derive Value from Unstructured Data? It Doesn’t
Across industries, it is known that 80 percent of an organizations’ data is unstructured. We know that if content is unstructured, then for many organizations this means it is not accessible.
The point I would make is this – if data is largely inaccessible in the healthcare industry, then how do the people in those organizations make the best decisions? I think your answer will be the same as mine – they can’t.
What a shame then that the wealth of data that could provide value just can’t be used. Traditional healthcare software vendors are focused purely on applications and solutions that for decades have been database driven, not content driven.
The Health Story Project estimates that some 1.2 billion clinical documents are produced in the US each year, and about 60 percent of these contain valuable patient care information that is ‘trapped’ in an unstructured format. This unstructured data is also excluded from any analytics, and the clinical richness this provides, so prevents organizations from accessing credible, comprehensive, and actionable information that could be used to improve patient care.
There are healthcare solutions to fit all sizes. There are fixes for any challenge. Yet accessing a comprehensive single view of all applications with appropriate permissions can seem out of reach. Some organizations don’t even have a single search mechanism.
In addition to better decision making, one of the by-products of superior information retrieval is improved productivity, due to the access to vast stores of unstructured content. Are you able to access all applications from a single interface? Would you like to?
Join us for our ’Healthcare at a Crossroads – A New Solution to an Old Problem’ webinar on Wednesday, October 18th. We will present a radically different way to view all aspects of a patient, in one unified view. Trusted healthcare information is often hard to find, but concept-based searching enables dramatic changes to the way information is typically found.