Data-Driven Health Care

Inside the Business of Data-Driven Health Care | MIT Technology Review:

COMPANIES TO WATCH
Apple
-Computing hardware and software
-A new health app will be built into Apple’s next-generation operating system
-Vital statistic: 150.3 million iPhones were sold in 2013, for $91 billion in revenue...

Epic Systems
-Electronic records
-Makes the software health-care organizations and hospitals use to manage electronic records
-Vital statistic: 100 million patients’ records are accessible to companies using Epic’s health information exchange, Care Everywhere...

Google
-Web search giant
-A new Android app platform is Google’s second attempt at building a health business
-Vital statistic: There are more than 40,000 health apps available for Android phones, but only a handful have been downloaded by more than 500 users...

Illumina 
-Genome sequencing
-Sells genome-sequencing machines and tools for analyzing the data
-Vital statistic: $1.42 billion in fiscal 2013 revenue...

Merck Global Health Innovation Fund
-Venture capital arm of pharmaceutical maker
-Invests in new digital health technologies 
-Vital statistic: $500 million has been invested in more than 20 companies....

OUTSIDE READING
A PRIMER ON REIMBURSEMENT
FROM THE ARCHIVES
CONFERENCES
(read more at links above)




Internet of Things, Streams of Big Data

The Internet of Things Meets Big Data | Big Think | Think Tank: "Chris Curran, the Chief Technologist of PwC, spoke to Big Think about this great technological shift: "Most of the data we think about from an enterprise perspective is sort of modular, it's transactional, it's a call center call or it's a web transaction or it's a sale or it's a quote or it's a piece of data about a product.  But the Internet of Things will be creating streams of data.  So one of the analogies is how social media creates streams of data..."..."(read more at link above)




Mobile Technologies, Big Data, Improve Health?

Can Mobile Technologies and Big Data Improve Health? | MIT Technology Review: "After decades as a technological laggard, medicine has entered its data age. Mobile technologies, sensors, genome sequencing, and advances in analytic software now make it possible to capture vast amounts of information about our individual makeup and the environment around us. The sum of this information could transform medicine, turning a field aimed at treating the average patient into one that’s customized to each person while shifting more control and responsibility from doctors to patients. The question is: can big data make health care better? “There is a lot of data being gathered. That’s not enough,” says Ed Martin, interim director of the Information Services Unit at the University of California San Francisco School of Medicine. “It’s really about coming up with applications that make data actionable.” The business opportunity in making sense of that data—potentially $300 billion to $450 billion a year, according to consultants McKinsey & Company—is driving well-established companies like Apple, Qualcomm, and IBM to invest in technologies from data-capturing smartphone apps to billion-dollar analytical systems. It’s feeding the rising enthusiasm for startups as well. Venture capital firms like Greylock Partners and Kleiner Perkins Caufield & Byers, as well as the corporate venture funds of Google, Samsung, Merck, and others, have invested more than $3 billion in health-care information technology since the beginning of 2013—a rapid acceleration from previous years, according to data from Mercom Capital Group... " (read more at link above)




GlaxoSmithKline, Data Sharing

GlaxoSmithKline Leads a Surprising Push for Data Sharing | MIT Technology Review: "... In May 2013, the company began posting its own data online. Then it invited others to join ClinicalStudyDataRequest.com, where GSK and six other drugmakers have already uploaded data from nearly 900 clinical trials, and more than a dozen research projects are under way. Trial transparency is appealing thanks to a growing sense that it could make drug development more efficient, saving the industry billions while also getting breakthrough therapies to patients more quickly....." (read more at link above)




Data Doppelgängers, Personalization

Data Doppelgängers and the Uncanny Valley of Personalization - Sara M. Watson - The Atlantic: "....As our behaviors, bodies, and environments are made legible as data, and as our online experiences mesh with our offline ones, we need to try to unpack these uncanny encounters with data. Throughout history, new technologies provoke moral panic and anxiety—in part because those technologies upend our understanding of time, place, and ourselves. But as we adopt and domesticate them, these technologies become integrated into our lives and embedded in the cultural fabric. The more time we spend time with our data doppelgängers, the more familiar they may become. That’s why it is so important to be able to scrutinize our data and hold accountable the systems collecting our data while those processes are still malleable. The same dominant sociotechnical systems that favor data for its objectivity put our subjectivity at risk. We need to demand more ways to keep our data doppelgängers in check." (read more at link above)




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