Why Healthcare Needs Data Aggregation Now More Than Ever?

The importance of Data Aggregation cannot be overstated enough in this technically advanced healthcare landscape. Healthcare payers and providers are producing a record amount of data, with the sector contributing close to 30% of global data volume. Predictions suggest that by 2025, this figure will surge to 36%, surpassing other sectors like manufacturing, financial services, media, and entertainment. However, despite this data deluge, healthcare often struggles to utilize its full potential. The Data Conundrum One of the primary challenges in healthcare data management is that this vast pool of information is frequently segregated and disconnected across various systems. Only by combining healthcare data from all sources, clinical and non-clinical, can its entire worth be understood. However, Data Aggregation in Healthcare is far from simple, mostly because there are no standards for data formats, there are strict rules, and there is an input of data from vario...