As the healthcare industry continues to shift from fee-for-service to value-based care, data interoperability is increasingly becoming a key concern for providers trying to better engage with patients, improve clinical workflow, and ultimately drive better health outcomes. In fact, more than 70 percent of healthcare financial executives say that data interoperability must improve within the next three years to ensure the success of value-based care.The good news? The potential for secure,
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big data
Verana Health Lands $30M for EHR Integrated Data Platform for Life Sciences
Verana Health formerly known as DigiSight Technologies), a healthcare technology developer of a cutting-edge platform for life science innovation that utilizes regulatory-grade specialty data sets has raised $30M in Series C funding led by GV (formerly Google Ventures) with participation from existing investors Biomatics Capital, Brook Byers, founder of Kleiner, Perkins, Caufield & Byers, GE Ventures, and Lagunita Biosciences.In addition to the Series C funding, the company has appointed
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Providers: Do We Have To Define Population Health To Make It Useful?
Maybe the initial challenge of population health is deciding exactly what that phrase means.Well before it became a catchphrase in health IT, population health was the province of academics who devised predictably academic definitions like “… the aggregate health outcome of health-adjusted life expectancy (quantity and quality) of a group of individuals, in an economic framework that balances the relative marginal returns from the multiple determinants of health.”Originally created by and
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How Predictive Analytics Brings a Moneyball Approach to Improve Healthcare Financial Performance
Editor's Note: Paul Bradley, PhD, is the Chief Data Scientist at ZirMed, a company empowering healthcare organizations to optimize revenue and population health with an end-to-end platform of cloud-based financial and clinical performance management solutions. Predictive analytics – using data, statistical algorithms and machine learning techniques to identify the likelihood of future outcomes based on historical data – has become a staple of many industries.Brick-and-mortar retailers use it to
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OM1 Raises $15M to Expand Healthcare Outcome Analytics Platform
OM1(formerly known as Better Outcomes), a Boston, MA-based healthcare outcome analytics company has raised $15M in Series A funding led by General Catalyst with participation from Glikvest, 7wire Ventures and Wanxiang Healthcare Investments. The company plans to utilize the funding to build out its tech platform that leverages big data and artificial intelligence (AI) to provide stakeholders with an analytics platform to have a holistic view and better understanding of real-world healthcare
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NTT Data, Oracle Collaborate to Bring Healthcare Big Data to the Cloud
NTT DATA, Inc. announced the expansion of its existing relationship with Oracle to include end-to-end cloud capabilities for Oracle’s Healthcare Foundation, a unified healthcare analytics platform. The platform provides data integration and warehousing of clinical, financial, administrative and -omics modules in a cloud solution to customers worldwide. The healthcare cloud offering will provide organizations the ability to easily unify, grow or replace their existing healthcare data warehouse
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Philips, N-of-One Partner to Speed Clinical Interpretation of Cancer Genomics
Royal Philips and N-of-One, Inc., a provider of clinical interpretation of molecular tests in oncology is teaming up to enhance the capabilities of Philips’ IntelliSpace Genomics solution. The two companies will collaborate on the clinical analysis, annotation and interpretation of oncology cases processed through Philips’ new precision medicine solution for oncology.This healthcare informatics solution integrates genomic information with full patient context to empower clinicians with
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American Heart Association, Amazon Launch Cloud-Based Precision Medicine Data Marketplace
The American Heart Association (AHA) has announced a strategic collaboration with Amazon Web Services (AWS) to launch a secure cloud-based precision medicine data marketplace. The marketplace will include a vast array of curated rich datasets, that are centrally stored, easily searched and accessible, and managed on the AWS cloud. This platform enables researchers and clinicians to aggregate and analyze a rich breadth and depth of data including longitudinal cohorts, proteomic, genomic, and
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NantCare Unveils Solutions to Support CMS Oncology Care Model
NantCare, a member of the NantWorks will be providing community oncology practices with solutions and resources that will help these practices comply with the administrative and clinical requirements put forth by the CMS’ new Oncology Care Model (OCM). Typically only available at large cancer institutions, NantCare will provide access to clinical trials through facilitation of participation in Cancer MoonShot 2020’s QUILT Trials, eliminating the need for patients to travel to major cancer
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Big Data Startup Innovaccer Lands $15.6M for Integrated Care Framework
Innovaccer, a Silicon Valley based big data startup has raised $15.6 million in Series A funding led by Westbridge Capital Partners with participation by other angel investors. The company plans to utilize the latest round to expand its footprint in healthcare as providers and payers struggle to reduce the inefficiencies in the current healthcare system,Founded in 2012, Innovaccer's big datashop helps healthcare organizations provide better care by integrating complex data across multiple
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