In an increasingly digitized economy, processing large amounts of data will become more important for companies looking to optimize efficiency.
That’s particularly true for the health care industry due to the emergence of electronic medical records and other changes under the Affordable Care Act.
Those signs point to why Birmingham-based health care marketplace consulting firm Healthcare Business Solutions is joining an existing partnership between the University of Alabama’s Culverhouse College of Commerce and Lockheed Martin on an analytics lab that will open in the business school this spring semester.
“Our partnership with The University of Alabama’s Culverhouse College of Commerce Business Analytics Lab promises to further advance the data analytic capabilities of our family of companies in the healthcare arena,” said HBS President Sherrie LeMier Potts.
The lab will serve as a research center to study data across multiple industries, improve business efficiency and provide real-world experience and skill development for students preparing to enter the business analytics workforce.
“The University of Alabama and the Culverhouse College of Commerce have become recognized leaders in business analytics and innovation. We are excited that this lab will provide research to businesses that will help them become more effective not only locally, but globally as well,” said UA President Judy Bonner.
