Reflection 12/6
This week we learned about Big Data and real world evidence/data and how it can ultimately revolutionize the industry. Big Data is the cumulation of health data from a multitude of sources such as electronic health records (EHRs), medical imaging, genomic sequencing, payor records, pharmaceutical research, wearables, and medical devices. This data is sourced in a cloud and is compiled is mass volumes. The difference between this and other data compilations is that it has more data than any other, it's moving at high velocity, and it has such high variability. Big Data allows the health industry to have access to more data from many different systems in order to allow them to make more quality and information based decisions. The two major aspects that Big Data can change are that this can allow the industry to switch from fee for service to value based and it allows for more evidence based decisions that increases efficiencies. The fee for service model means that physic...