Innovation by necessity.
It’s a powerful dynamic that has been one of the pandemic’s few silver linings, with three-plus years of reflection now providing a clear perspective on just how astounding so many of the pandemic-driven innovations have been.
But it’s also a dynamic that continues to transform healthcare and life sciences today. The unprecedented moon-shot initiative to develop, test, and distribute effective new vaccines saved millions of lives in record time. But it also generated anything-is-possible momentum for a cascade of rapid innovations that are reimagining healthcare fundamentals like how care is delivered, how to close gaps in care, and how to improve outcomes with more data-driven, personalized solutions.
Indeed, advanced data and analytics have been the engine room for change in healthcare, as our KPMG teams are seeing in our own work with clients. But simply having the right data is not enough. Organizations must be able to accurately interpret that data and then effectively act on it to deliver results—as the pandemic so clearly demonstrated.
Here’s a closer look at some of the compelling data and analytics trends—and lessons—we’ve been tracking.