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2012 BCBS IM Symposium Nashville, TV | September 23-26, 2012 Harness the power of BIG DATA A conversation centered on the transforming power of data and.

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Presentation on theme: "2012 BCBS IM Symposium Nashville, TV | September 23-26, 2012 Harness the power of BIG DATA A conversation centered on the transforming power of data and."— Presentation transcript:

1 2012 BCBS IM Symposium Nashville, TV | September 23-26, 2012 Harness the power of BIG DATA A conversation centered on the transforming power of data and how you can join the movement toward more fact-based decision-making.

2 www.sungard.com Decoding the human genome originally took 10 years to process; now it can be achieved in 1 week. - The Economist, Feb 25th 2010 2

3 www.sungard.com The potential value in using big data to drive efficiency and quality in the US health care industry could reach $300 billion each year. - McKinsey Global Institute, June 2011 3

4 www.sungard.com There are 60,000 data elements in the average medical record. - Harvard University’s Medical School 4

5 www.sungard.com An additional 30 million Americans are now eligible to receive coverage. -The White House FACT SHEET: The Affordable Care Act, June 2012 5

6 www.sungard.com Nearly 13 million Americans will receive a rebate this summer because their insurance company spent too much of their premium dollars on administrative costs. -The White House FACT SHEET: The Affordable Care Act, June 2012 6

7 www.sungard.com The number of diagnosis codes will increase to 68,000 ICD-10 codes, a 5 fold increase. Procedure codes will increase 20 fold to 87,000. - HIMSS 7

8 www.sungard.com 21% of insurers and 36% of healthcare providers already invest in Big Data. - Gartner, August 2012 8


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