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0 Discussion Panel: BIG DATA – “Lies, damned lies and statistics”

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Presentation on theme: "0 Discussion Panel: BIG DATA – “Lies, damned lies and statistics”"— Presentation transcript:

1 0 Discussion Panel: BIG DATA – “Lies, damned lies and statistics”

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3 2 PRESIDENTIAL POLITICS ANALYTICS WORDS IN COMMON INTEGRITYSECURITYRELIABILITY HONESTY TRACK RECORD FIDELITY BIG DATA INTEGRATIONCOST MANAGEMENT

4 Objectives of Panel  How to use big data to assist in market analysis leading to strategy?  New analytic tools – what are most important and how do they influence decision process?  Limitations of big data sets – what about GIGO?  Gender bias in application of big data – Mars/Venus at either end?  Time to move to out-sourcing of mega-data?  Another war on cancer – how to use big data? 3

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6 WILL BIG DATA WIN THIS WAR? THE WAR ON CANCER 5 … and what about costs of care?

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10 A Practical Example: Levine Cancer Institute  Addressing costs and inconvenience of care  Integrating clinical practice with genome research  Attracting new expertise to the region  A new model of patient support  Electronic standardization and evidence based approaches  Symmetrical care across the Carolinas – for everyone!  Focus on the value proposition – cost, price, outcomes 9

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12 A Practical Example: Levine Cancer Institute  Addressing costs and inconvenience of care  Integrating clinical practice with genome research  Attracting new expertise to the region  A new model of patient support  Electronic standardization and evidence based approaches  Symmetrical care across the Carolinas – for everyone!  Focus on the value proposition – cost, price, outcomes 11

13 12  Molecular platform testing has rapidly evolved  Comprehensive reports can be confusing for everyday clinical practice  Unclear how to best utilize this information considering drug access, cost, value Challenges of interpreting results from new technology

14 EAPathways  EAPathways  Levine Cancer Institute  Secure, Web-based  Customize to any situation 13

15 Data Capture 14

16 Measurement  Cost per case  Survival  Toxicity requiring admission  Percentage of patients on cancer trials (& absolute numbers)  Important innovations  Published data, grants and contracts  Patient-centric outcomes

17 Objectives of Panel  How to use big data to assist in market analysis leading to strategy?  New analytic tools – what are most important and how do they influence decision process?  Limitations of big data sets – what about GIGO?  Gender bias in application of big data – Mars/Venus at either end?  Time to move to out-sourcing of mega-data?  Another war on cancer – how to use big data? 16

18 17 PRESIDENTIAL POLITICS ANALYTICS WORDS IN COMMON INTEGRITYSECURITYRELIABILITY HONESTY TRACK RECORD FIDELITY BIG DATA INTEGRATIONCOST MANAGEMENT

19 18 FINAL QUESTION FOR VERY SMART PANEL: WHO WILL BE NEXT POTUS AND WHAT IMPACT ON YOUR STRATEGY?


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