The use of technology and rapid development in data capabilities has been a key driver for data transparency, which can enable systematic cost reductions, information availability and fairness by offering deeper, easy-to-access and open insights into data.
The real estate, travel and retail industries, however, were disrupted when consumers could easily research, compare and determine the right prices online without engaging with a broker. As the health care industry evolves and adopts digital solutions and platforms, many aspects of health care are slowly adopting technology and likewise struggling with data transparency.
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