Healthcare IT News June 22, 2016
Jack McCarthy

The use of personal data is undergoing major shifts that will exponentially increase the value of information for both individuals and businesses, a new report commissioned by Facebook indicates.

“We’re transitioning into an era in which people’s data will turbocharge the creation of value for the economy and for society, and increasingly for them as individuals,” the report found.

This burgeoning of personal information’s value will occur through a series of key changes Facebook said are coming: user education about the value of sharing data, mainstream acceptance that data is being used, enlightened views that encourage innovation, compliance that minimizes privacy concerns and, ultimately, stronger consumer engagement.

Emphasis on improving use of personal data in healthcare and elsewhere, for instance,...

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