The hospital system and healthcare industry are one of the fastest-growing in the entire country. In fact, healthcare spending all over the world is increasing. More governments are allocating large portions of their budget to it. Because of the sheer volume of expenses in this industry every single day, big data analytics and business intelligence are incredibly useful. Many hospitals, both private and state-owned, are implementing BI tools into their operations. The industry gains many benefits, including more effective management of healthcare spending and more. The applications are unlimited, as are the benefits. Here is a quick look at the perks of why Business Intelligence in the Healthcare Industry is needed and the applications of such a system today.