Locus Solutions and the Healthcare & Life Sciences Industries
The healthcare provider industry has become the convergence of growing expectations for patient care, an insurance industry transformation and new speculation on pharmaceutical costs – while the population ages and diseases show resilience.
Healthcare providers can utilize analytics to better understand the complex relationships between symptoms, medications, treatment options and
- Deploy caregiver analytics to model patient symptoms, medication alternatives and treatment options to share potential outcomes and cost of care at time of service
- Adopt big data strategies to manage the insightful but growing patient wearable data streams.
- Integrate patient-wearable device data to improve patient care and engagement.
The Biotechnology, Pharmaceutical and Medical technology industries continue their transformation to align to the evolving patient-driven care model plus mounting cost and regulatory pressures. While the focus has been on optimizing the manufacturing operations, Life Sciences organizations need to go further to optimize R&D, sales and distribution operations.
- Extend data-driven optimizations beyond manufacturing to R&D, finance and sales
- Answer cost pressures with predictive analytics to better plan and execute key programs and initiatives
- Design and implement what-if and driver-based plans to model R&D initiatives with the aging of the population, predictive disease trends and patient demands for drug price transparency
Video: Patient Analytics
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