MedCity News July 12, 2020
Digital health data is growing at such an astronomical rate that its volume is measured in exabytes – 2,314 exabytes, by one projection. (For the record, one exabyte = one billion gigabytes; and “all words ever spoken by human beings” would need 5 exabytes of storage if saved as text.) The value of this digital health data is as vast as its volume – but only if it can be unlocked, managed, and ultimately shared for the greater good.
Healthcare costs, meanwhile, continue to skyrocket, with estimates of the U.S. health spend reaching up to $6.2 trillion by 2028. Traction for bending back such a powerful cost curve has been laid at the feet of value-based care (VBC) a ‘pay...
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