To develop a healthcare system based on big data that can exchange big data and provides us with trustworthy, timely, and meaningful information, we need to overcome every challenge mentioned above. Overcoming these challenges would require investment in terms of time, funding, and commitment. However, like other technological advances, the success of these ambitious steps would apparently ease the present burdens on healthcare especially in terms of costs. It is believed that the implementation of big data analytics by healthcare organizations might lead to a saving of over 25% in annual costs in the coming years. Better diagnosis and disease predictions by big data analytics can enable cost reduction by decreasing the hospital readmission rate. The healthcare firms do not understand the variables responsible for readmissions well enough. It would be easier for healthcare organizations to improve their protocols for dealing with patients and prevent readmission by determining these relationships well. Big data analytics can also help in optimizing staffing, forecasting operating room demands, streamlining patient care, and improving the pharmaceutical supply chain. All of these factors will lead to an ultimate reduction in the healthcare costs by the organizations.
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To strategically enact this vision, the MSU Denver School of Education has developed the following goals around excellence, inclusivity/diversity, and collaboration. Using information gathered from faculty, staff, community organizations, schools, school district personnel, and other stakeholders in PreK-12 education and teacher preparation, along with the MSU Denver Strategic Plan (Time of Transformation), the faculty and staff of the School of Education agreed on the following values and goals:
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