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The technology for managing and utilizing healthcare data is already widely available and improving quickly. Now, new rulings by the Center for Medicare and Medicaid Services (CMS) and the Office of the National Coordinator for Health Information Technology (ONC) have expanded patient data access to providers, payers, third-party vendors and patients themselves. This will turbo-charge data sharing, care coordination and consumerism while leading to an explosion of new products and services.
To compete effectively in this age of liquid data, traditional healthcare organizations will need to step up their technological capabilities and adopt a new mindset. That starts with developing the systems and capacity to aggregate, store, standardize and protect massive data sets.
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