Healthcare IT News February 21, 2020
At HIMSS20, Robert Lieberthal, an economist at The MITRE Corporation, will offer a deep dive into synthetic data, showing how it can help health systems achieve cost efficiencies.
Cost data is crucial in order to enable a consumer revolution in healthcare. Synthetic data is a tool that potentially can help solve this problem. Financial outcomes can be incorporated into synthetic data.
But healthcare data is challenging to work with because it involves large, non-interoperable and sensitive files. A data set for 1 million patients easily can reach into the gigabytes (or more) especially when it involves a condition with many procedures, a large number of medications or substantial follow-up tests.
In addition, these files often are not common across systems,...