Feasibility of Big Data in Healthcare Management.

Running head: FEASIBILITY OF BIG DATA IN HEALTHCARE MANAGEMENT
FEASIBILITY OF BIG DATA IN HEALTHCARE MANAGEMENT
Name of the Student
Name of the University
Author Note

FEASIBILITY OF BIG DATA IN HEALTHCARE MANAGEMENT1
Table of Contents
Introduction......................................................................................................................................2
Organization background.................................................................................................................2
Usage of big data analytics system in the healthcare industry and associated risks........................3
Experience gained from the other organizations by the selected organization................................3
BMC analysis of the Customer Relationships and partnerships......................................................4
Assessment of the values and the value chain.................................................................................5
Scope for the utilization of Big Data Analytics by the organization in the healthcare industry.....5
Required Infrastructure....................................................................................................................6
Recommendations and Conclusion..................................................................................................6
References........................................................................................................................................8

FEASIBILITY OF BIG DATA IN HEALTHCARE MANAGEMENT2
Introduction
Big data analysis is being greatly used across many different industries to develop better
understanding of the internal and external factors that influence them. Big data refers to the
continuously generated data from a number of sources that concern any field of knowledge or
industry. The data is big enough not to be completely traceable or process able by even the larger
and more effective software. The report is focused toward analyzing the usage of big data
analysis in the healthcare sector. Along with the various other sectors Big Data is utilized in the
health sector to improve the quality and effectiveness of the treatments that are provided to
patients. The data collected is mostly related to consumers, patients, physical information, patient
history and clinical data. The development of big data analytics in the healthcare sector and the
importance of the same towards the future of the sector need to be assessed. The organization
chosen for the report is Ramsey Health Care. The business model that can help to make
integration of Big Data Analytics feasible in the healthcare organizations is evaluated.
Organization background
The organization that is being considered for the report is Ramsey Health Care. It is one
of the most important healthcare organizations in Australia. The company has global operations
and provides high-quality healthcare services and premier patient care. The organization was
established in 1964 in Sydney, Australia. The Ramsey Health Care currently operates around 480
facilities in around 11 countries. The organization presently has around 77,000 staffs. The health
care organization caters to the health service needs of an estimated 8.5 million patients across
three continents (Ramsay Health Care 2020). The organization has worldwide operations. Hence,
it is quite natural for it to deal with a large amount of data. Hence, from a significant amount of
time, big data analysis has been employed by the healthcare group. Big data analytics have
become an important part of the healthcare industry. This has been more due to the requirement
of large amount of data in the healthcare services. Like many of the other organizations working
in the healthcare sector of the country and the world, Ramsey Health Care has to depend on
various types of information to cater to the treatment requirements of the patients. The
organization is focuses towards gathering the right information from the vast array of
information present concerning the health data, historical patient information, treatment data and
other forms of information present. Medical information is considered to be very important for