HIT Consultant March 14, 2023
The world we live in is becoming increasingly integrated, and as it does, the amount of data also increases. It is estimated that 2.5 quintillion bytes – that’s 2,500,00,00,000 million, for perspective – are created, captured, and shared every day, and experts predict that number will grow exponentially in the coming years. Estimates show that the healthcare industry generates about 30% of the world’s data volume. That number is expected to reach a compound annual growth rate of 36% within the next few years. This is no surprise; electronic health data can improve the speed and quality of care by giving providers easy access to a patient’s medical history, medications, test results, diagnoses, and treatment plans.
Unfortunately, the compounding...