{"id":2455,"date":"2015-11-22T14:57:34","date_gmt":"2015-11-22T19:57:34","guid":{"rendered":"https:\/\/digital.hbs.edu\/platform-digit\/submission\/ims-health-using-big-data-to-improve-healthcare-outcomes\/"},"modified":"2015-11-22T14:57:34","modified_gmt":"2015-11-22T19:57:34","slug":"ims-health-using-big-data-to-improve-healthcare-outcomes","status":"publish","type":"hck-submission","link":"https:\/\/d3.harvard.edu\/platform-digit\/submission\/ims-health-using-big-data-to-improve-healthcare-outcomes\/","title":{"rendered":"IMS Health: using big data to improve healthcare outcomes"},"content":{"rendered":"
From retail to finance, many industries have already embraced the benefits of using big data. From trying to predict future purchases to optimizing product mix, companies use data analytics to improve sales through targeted advertising or dynamic pricing. The healthcare industry is no stranger to big data sets. Pharmaceutical companies have become experts in gathering massive amounts of data through clinical trials to prove the efficacy of their drugs to the Food and Drug Administration (FDA). In addition to clinical data, these companies\u00a0also track prescription data from pharmacies\u00a0to figure out a doctor’s prescription patterns or a patient’s preferences. Hospitals also collect extensive data through electronic medical records (EMR).<\/p>\n