There has been a massive improvement in patient outcomes in the healthcare industry, and data is the quiet catalyst for it all. Individualized care plans, more efficient therapies, and faster diagnoses have all been made possible by the increased accessibility of personalized patient data.  About 30% of global data is generated by this industry, so there is a huge opportunity to enhance patient outcomes if it is used properly. However, most executives recognize that there is a lot to fix with the current state of data in this industry, with 80% acknowledging that their organization may not have the necessary resources to handle their data properly. 

These executives are well aware that some serious problems and risks for their organization can arise if there are no proper guardrails for data use in place. Some of these threats include delayed treatment, misdiagnosis, and medication errors. These companies are also dealing with massively sensitive patient information that is legally protected by HIPAA. If there are no proper protocols in place to protect this data carefully, an organization can be exposed to lawsuits and reputational risk. Consolidating data into a single source, such as a data warehouse, can significantly decrease the risk of data leaks and misuse from happening.