US Healthcare Industry

US Healthcare Industry

Created by
@IntuitiveRiver

Questions and Answers

Which of the following is a key benefit of healthcare analytics?

Reducing costs

What is the definition of healthcare analytics?

The systematic use of data to drive fact-based decision making

Which of the following is NOT a potential use of healthcare analytics?

Exploring issues and determining the best methods for progress

What percentage of the GDP does healthcare take up in most developed countries?

<p>18%</p> Signup and view all the answers

What was the worth of the global health industry in 2018?

<p>$8.45 trillion</p> Signup and view all the answers

Which country has the greatest healthcare spending per capita?

<p>United States</p> Signup and view all the answers

What industry ranked last in a customer experience survey?

<p>Healthcare</p> Signup and view all the answers

Which country has the highest percentage of its population using connected health devices?

<p>China</p> Signup and view all the answers

What is the projected compound annual growth rate (CAGR) of big data analytics in healthcare through 2025?

<p>36%</p> Signup and view all the answers

What is the estimated value of the global big data in the healthcare market by 2022?

<p>$34.27 billion</p> Signup and view all the answers

What is the annual revenue of McKesson, the biggest US healthcare company?

<p>$208.3 billion</p> Signup and view all the answers

How much can the internet of things (IoT) lower the costs of operational and clinical inefficiencies by per year?

<p>$100 billion</p> Signup and view all the answers

What is the total budget for 50 years due to high waste in healthcare?

<p>$765 billion</p> Signup and view all the answers

How many preventable deaths occur per year in the USA due to low quality healthcare?

<p>200,000 - 400,000</p> Signup and view all the answers

According to the text, what is one of the challenges facing the healthcare industry today?

<p>Ineffective use of information</p> Signup and view all the answers

Which of the following is a potential benefit of healthcare analytics?

<p>Reducing costs of treatment</p> Signup and view all the answers

What is the purpose of electronic health records (EHR)?

<p>To track prescriptions</p> Signup and view all the answers

How can big data be used for strategic planning in healthcare?

<p>To identify factors discouraging treatment</p> Signup and view all the answers

What is one advantage of predictive analytics in healthcare?

<p>Customizes for individual patients</p> Signup and view all the answers

What is a key differentiator between predictive analytics and traditional statistics?

<p>Predictions are made at an individual level</p> Signup and view all the answers

What are the key data drivers for predictive analytics in healthcare?

<p>Medical and patient data</p> Signup and view all the answers

What is the goal of image analytics in healthcare?

<p>To enhance expert diagnosis</p> Signup and view all the answers

What can healthcare providers do with the help of predictive analytics?

<p>Take pre-emptive action</p> Signup and view all the answers

What is the potential benefit of analytics in streamlining insurance claims processing?

<p>Faster payment for caregivers</p> Signup and view all the answers

Which of the following is true about rare diseases based on the statistics provided in the text?

<p>Rare diseases primarily affect children.</p> Signup and view all the answers

What is the estimated number of known rare diseases in existence?

<p>7,000+</p> Signup and view all the answers

How many rare diseases have an approved treatment?

<p>5%</p> Signup and view all the answers

What percentage of people affected by rare diseases are children?

<p>50%</p> Signup and view all the answers

How many children affected by rare diseases won't live to see their 5th birthday?

<p>3 out of 10</p> Signup and view all the answers

What is the estimated number of children who face an early death due to rare diseases?

<p>60 million</p> Signup and view all the answers

What is the importance of data governance in pharmaceutical R&D and manufacturing organizations?

<p>It is necessary for compliance with regulatory expectations.</p> Signup and view all the answers

What is the Zaloni Arena DataOps platform?

<p>An end-to-end platform for cataloging, controlling, and consuming data.</p> Signup and view all the answers

What is the focus of the "TransCelera te BioPharma" collaboration?

<p>Identifying heterogeneous data sources.</p> Signup and view all the answers

What is the goal of the collaboration in the "TransCelera te BioPharma" project?

<p>Developing a unified approach for data quality in healthcare.</p> Signup and view all the answers

How many known rare diseases are there in existence?

<p>7,000+</p> Signup and view all the answers

Based on the statistics provided, what percentage of rare disease patients are children?

<p>50%</p> Signup and view all the answers

How many of the children affected by rare diseases won't live to see their 5th birthday?

<p>3 out of 10</p> Signup and view all the answers

What is the estimated number of children who face an early death due to rare diseases?

<p>60 million</p> Signup and view all the answers

What is the importance of data governance in pharmaceutical R&D and manufacturing organizations?

<p>Ensuring compliance with regulatory expectations</p> Signup and view all the answers

What is the suggested solution for cataloging, controlling, and consuming data in one place?

<p>Zaloni Arena DataOps platform</p> Signup and view all the answers

What is the estimated worth of the global health industry in 2018?

<p>$5 trillion</p> Signup and view all the answers

What is the goal of the collaboration in the 'TransCelera te BioPharma' project?

<p>Creating new drugs for rare diseases</p> Signup and view all the answers

What is the focus of the 'TransCelera te BioPharma' collaboration?

<p>Creating new drugs</p> Signup and view all the answers

What is one of the challenges facing the healthcare industry today?

<p>High healthcare costs</p> Signup and view all the answers

Which of the following is NOT a potential benefit of healthcare analytics?

<p>Increased data security</p> Signup and view all the answers

What is the estimated number of children who face an early death due to rare diseases?

<p>60 million</p> Signup and view all the answers

What is the focus of the 'TransCelera te BioPharma' collaboration?

<p>Analyzing real-world data in life sciences and healthcare</p> Signup and view all the answers

What is the estimated number of known rare diseases in existence?

<p>7,000</p> Signup and view all the answers

What is the annual revenue of McKesson, the biggest US healthcare company?

<p>$100 billion</p> Signup and view all the answers

What can healthcare providers do with the help of predictive analytics?

<p>All of the above</p> Signup and view all the answers

What percentage of the GDP does healthcare take up in most developed countries?

<p>15%</p> Signup and view all the answers

What is the goal of image analytics in healthcare?

<p>Enhance diagnosis accuracy</p> Signup and view all the answers

What are the key data drivers for predictive analytics in healthcare?

<p>All of the above</p> Signup and view all the answers

What is the potential benefit of analytics in streamlining insurance claims processing?

<p>All of the above</p> Signup and view all the answers

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