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Deloitte adds big data with healthcare analytics business channel

5:34 pm by | 2 Comments

big data, data, digital, ITDeloitte’s move to bring its healthcare consulting experience to bear through a healthcare analytics channel for providers marks an interesting trend at HIMSS13. Through its alliance with Intermountain Healthcare as an “anchor tenant,” it plans to formally launch the service called Recombinant July 1 — the next fiscal year.

The collaborative analytics platform between Deloitte and Intermountain is designed to help providers benchmark outcomes for their own patients compared with industry performance. Peter Emerson, the principal of the company, said it is merely responding to clients who asked for it and recognized it could provide a useful service to other providers.

Intermountain began seeking out a collaborative partner at the HIMSS conference last year, Emerson said.

“We needed something beyond services and technology …,” Emerson said. “Instead of [just] advising healthcare, we want to be the fabric of it.

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The big data comparative analytics tool called Outcomes Miner will focus, at least initially, on analytics-focused tools for chronic conditions like diabetes and heart failure starting this summer. It reflects the pressure for providers to be able to improve patient outcomes and reduce readmissions and healthcare costs.

Asif Dhar, the chief medical information officer and a principal with Deloitte, said the company wants to help providers keep their data analytics in-house where it provides richer information. “Once data is moved to a consolidator away from a health system, the usefulness of that data becomes limited.”

 

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Stephanie Baum

By Stephanie Baum

Stephanie Baum is the East Coast Innovation Reporter for MedCityNews.com. She enjoys covering healthcare startups across health IT, drug development and medical devices and innovations deployed to improve medical care. She graduated from Franklin & Marshall College in Pennsylvania and has worked across radio, print and video. She's written for The Christian Science Monitor, Dow Jones & Co. and United Business Media.
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When you fly to your next designation, ask yourself how safe is the plane Im flying on. The answer has already been predicted through Deloitte advance analytics. The skills to analyse big data is driven by a oprtunity for access to make a difference. Not allot of the general public will be positioned to make such a difference....

TumTum
TumTum

It's not at all clear that any of the large consulting groups that are offering "Big Data" analytics have the technical skill sets to deliver anything substantial.  True, they can churn the data and produce a pedestrian report - but will there be anything that is truly original in what they are delivering?  I am skeptical - and it is based on what we saw in the field of economics.  Healthcare is today where economics was in the '60's - where correlations and statistical regression relations form the basis of most analytics.  It took several decades and the development of the field of econometrics before a solid foundation for modeling emerged in economics.  Then came the wizardry of the forecasts from many distinguished schools - UCLA, Stanford and Berkeley, for example.  But these results emerged after thousands of hours invested by outstanding academicians - many of whom won Nobel prizes. Do you think any consulting company can deliver that quality of research?  Will it ever come from a for-profit company ever watchful of "billable" hours?