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Healthcare's Hottest Commodity: Unpacking the Rise of Data as the New Currency

Writer's picture: MLJ CONSULTANCY LLCMLJ CONSULTANCY LLC

The healthcare industry is undergoing a major transformation, changing how patient care is approached, analyzed, and delivered. At the heart of this change is an invaluable resource: data. Technological advancements have made it possible to collect and analyze vast amounts of data from various sources, making the concept of "data as the new currency" increasingly relevant across hospitals, clinics, and personal health devices. In this post, we will explore why this shift is happening, what it includes, who benefits, when it’s taking place, and how it is being applied in real-world scenarios.

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