What is the story about?
What's Happening?
Healthcare organizations are increasingly reliant on unstructured data, which comprises 80-90% of all organizational data. This includes medical imaging, scans, emails, and claims documents. The unstructured nature of this data poses challenges in organization, search, and analysis, leading to inefficiencies and security risks. Fragmented technologies and aging infrastructure exacerbate these issues, contributing to an estimated $105 billion in healthcare fraud annually.
Why It's Important?
Effective management of unstructured data is crucial for healthcare organizations to deliver high-quality patient care and operational efficiency. Poor data visibility and governance can lead to compliance failures and security breaches, impacting patient safety and organizational reputation. Modernizing data infrastructure is essential to address these challenges and support advanced technologies like AI and analytics.
Beyond the Headlines
Improving data management can enhance healthcare organizations' ability to adopt AI, which relies on high-quality data for reliable outputs. This modernization can lead to cost reductions, increased efficiency, and improved service levels, benefiting both patients and healthcare providers.
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