Big data holds big promise in health care. By utilizing data that comes from a variety of sources and covers a variety of populations, there is a virtually limitless potential for improving the quality and the value of care being delivered.
A huge challenge with big data, however, lies in the accessibility of data. Much of the electronic data created by hospitals, clinics, pharmacies, insurers, laboratories and other care delivery mechanisms are trapped within data silos. Interoperability between electronic medical records is limited, and exchange agreements for health information are minimal compared to all the data that exists. If we are to achieve anything close to the potential that big data has, collaboration is key.
Optum and its subsidiary, Optum Labs, are among the leaders in health care in enabling the sharing of data critical to health care improvement.
- Optum’s analytics group provides its clients with the clinical records for more than 40 million de-identified patients, as well as claims data covering more than 150 million lives over a 20-year span
- Optum provides population health management, data and analytic products and solutions to numerous Medicare-designated ACOs, including Steward Health Care Network of Boston, Mass.; Optum and Steward worked together to focus their care management efforts on high-risk populations, helping to make Steward’s Pioneer ACO one of the few nationwide to earn shared savings
- Optum Labs, a collaboration between Optum and Mayo Clinic, partners with many leading organizations to share data and apply powerful tools to accelerate research and innovation and improve patient care
Optum Labs CEO Paul Bleicher will speak on the topic of “Collaborating with Big Data” at the Forbes Healthcare Summit in New York City on December 4. His presentation will contribute to a forum designed to explore how new approaches to data are redefining health care.