Sensors provide the foundation for the Internet of Things (IoT) technology movement.
Continue readingWhy Things Matter
Category: Analytics
How to Keep Score
Although it is obvious that the difference between a 90-point and 89-point wine is insignificant, and the higher-scored wine may potentially be inferior depending on our intended use, the price difference to the consumer for the higher-scored wine can easily exceed $30.
Continue readingAccurately Predicting the Future
While healthcare information technology bombards clinicians with ever increasing patient data, it generally fails to offer clinicians tools and solutions that help them utilize this data effectively.
Continue readingThink Like a Retailer
The sophistication of data collection and analytics tools for tracking consumer behavior expanded with technological advancement and broader distribution of consumer technology.
Continue readingBacchus and Healthcare
In the absence of understandable, easily accessible quality metrics, we utilize price as a surrogate for quality.
Continue readingAt All Cost?
How does an industry survive—and how can our society expect healthcare costs to be reasonable—when hospitals do not know their costs of production or reasonableness of the bills they send to patients and insurance companies?
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