HP Healthcare Analytics Aids in Reducing Waste

March 17, 2014

The article titled HP Autonomy Unlocks Value of Clinical Data with HP Healthcare Analytics from Market Watch explores HP’s announcement of a new analytics platform for healthcare providers to use in their work to comprehend clinical data, both structured and unstructured. The new platform was created in a partnership between HP and Standford Children’s Health and Lucile Packard Children’s Hospital. It is powered by HP Idol. The article states,

“The initial results have already yielded valuable insights, and have the potential to improve quality of care and reduce waste and inefficiency.

Though the core mission of the Information Services Analytics team at Lucile Packard Children’s Hospital Stanford is to enable operational insights from structured clinical and administrative data, innovation projects are also a key strategic initiative of the group… The healthcare industry faces the enormous challenges of reducing cost, increasing operational efficiency and elevating the quality of patient care.”

Costs have gotten out of control and it is the hope of this collaboration that analytics might be the key. A huge part of problem is the unstructured data that is overlooked in the form of text in a patient’s records, notes from the doctor or emails between the doctor and patient. HP Idol’s ability to understand and categorize such information will make early diagnosis and early detection much more possible. For more information visit www.autonomy.com/healthcare.

Chelsea Kerwin, March 17, 2014

Sponsored by ArnoldIT.com, developer of Augmentext

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