And data isnt just transforming the consumer internet it is transforming finance design and manufacturing and perhaps most importantly health care how is data science transforming health care there are many ways in which health care is changing and needs to change. How data science is transforming health care solving the wanamaker dilemma this paper explores how data analysis will help us structure thebusiness of health care more effectively around outcomes and how itwill transform the practice of medicine by personalizing for eachspecific patient. Mckinsey company compiled a report for the center for us health system reform which identified four main sources of big data in the healthcare industry they are activity claims and cost data these are the basic figures showing the amount of care which has been supplied by providers in the system and the cost of paying for that care. How data science is transforming senior care 1 written by greatcall on the surface data science seems to be one more trend that will sweep through high tech industries media financial services manufacturing these all seem like data rich environments where new techniques will continue to squeeze out further optimization but data. Big data and predictive analytics cuts down healthcare costs many employers provide healthcare to their employees as a benefit using a predictive algorithm they can input the characteristics data of their workforce and get predictions of future
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