Note to readers: I originally wrote this piece in May of 2014. I was reminded of it today when a colleague from work suggested I look at the Spurious Correlations website, which I hadn’t checked out in a while. While we don’t often call it “Big Data” anymore, having moved on to the new jargon […]
Correlation is Not Knowledge; Big Data and Banana Pricing
A shorter version of this post appeared in PE Hub on May 20, 2014 While I was wasting time looking at random Facebook posts the other day, I came across what might possibly be the most entertaining tool of all time, a website called Spurious Correlations. On this website you can pick from a myriad […]
Big Data Comes to Life As CMS Releases Medicare Claims Bonanza
Transparency of healthcare pricing is a hot topic and it just got hotter. On April 9th, 2014 CMS released Medicare provider-specific payment data for the first time and the Internet is en fuego. Kept private by court-order since 1979, this publicly-relevant data, about care paid for with tax-payer money, demonstrates a lot of things and, […]
Analysis Paralysis
37,000 of my closest friends and I attended the HIMSS Conference last week in Las Vegas. For those of you who don’t have a propeller permanently implanted in your head, HIMSS stands for the Health Industry Management Systems Society. It is an industry association self-proclaimed to be focused on “transforming healthcare through information technology.” Despite the […]