Gulf’s healthcare operators set to embrace Big Data to improve patient care, cut costs

SourceArabian Business

Healthcare providers across the GCC region are set to embrace Big Data analytics, paving the way for a substantial improvement in patient care while driving down costs, according to new research. A survey, conducted by global consultancy firm Protiviti, has projected that the healthcare analytics market in the MENA region to reach $1.49 billion by 2024 from an estimated $630 million in 2018. According to the survey, as many as 80 percent of the respondents - comprising industry leaders and C-suite executives - agree that analytics helps organisations improve their performance and accountability. Artificial intelligence and data analytics are revolutionising modern medicine. Booz Allen Hamilton experts share their recommendations on how the UAE's healthcare industry can leverage AI Significantly, 46 percent said they could improve their data governance, indicating that a substantial amount of providers will be looking at enhancing the way they use data in the coming months and years. “While the existing usage of analytics is focused on revenue cycle functions to address effective and efficient payment cycles, the potential to use specific applications such as artificial intelligence and predictive analytics could lead to substantial improvement of patient care and patient throughput,” the survey said. The survey was focused across the GCC more...