Big Data, Analytics
The recent signing of the Inflation Reduction Act will change healthcare. Big Data hyped healthcare companies still have yet to clearly demonstrate bottom line savings. Yet in Healthcare, given the trillions of dollars in question, rational analysis of what procedures and therapies actually work is our only hope. If we don’t look at the real-world data, we have little hope in curtailing our escalating health care premiums.
With the state of the economy, people are afraid of not being able to get ahead. This leads to retrenchment and reduced risk appetite. Unfortunately, jobs are created by individuals taking risks in starting up new businesses. With no new companies, employment growth begins to slow. That is why we find ourselves – sadly for many – in an economic cycle with uncertainty in the future. What we need are entrepreneurs who enjoy going off the beaten path, who also believe in themselves and might just want to expand upon their ideas by hiring skilled workers. So we must ask, - Are you willing to take on some risk?
