Lex­isNexis

Health Data Management - - GROUP PRACTICES -

Lex­isNexis has mas­tered the art of com­bin­ing, an­a­lyz­ing and de­liv­er­ing data and an­a­lyt­ics to op­ti­mize qual­ity, per­for­mance and im­pact across health care en­ti­ties. Our so­lu­tions lever­age the in­dus­try’s most ro­bust and ac­cu­rate so­cioe­co­nomic and provider data, com­pre­hen­sive pub­lic records, pro­pri­etary link­ing and claims an­a­lyt­ics, pre­dic­tive sci­ence and com­put­ing plat­form to trans­form the busi­ness of health care. David E. Glowacki, VP Tech­nol­ogy, Lex­isNexis Health Care Jeff Di­a­mond, Vice Pres­i­dent of Mar­ket Plan­ning and Prod­uct Man­age­ment, Lex­isNexis Health Care

What emerg­ing tech­nolo­gies hold the most po­ten­tial for the health­care in­dus­try?

Two ar­eas in which we’re in­no­vat­ing are block chain and ma­chine learn­ing. Both re­quire a vast quan­tity of high qual­ity data, which gets to the heart of what Lex­isNexis® Health Care does. Blockchain has po­ten­tial to trans­form health­care and fix some of the more dif­fi­cult is­sues that cur­rently plague the in­dus­try. It could be used to cre­ate a com­mon, highly se­cure data­base of health in­for­ma­tion that doc­tors and providers could ac­cess, fa­cil­i­tat­ing bet­ter pa­tient care and bet­ter shar­ing of re­search for new drugs and treat­ments. In ma­chine learn­ing, we’re in­volved in col­lect­ing and in­te­grat­ing vast data sources in­clud­ing pub­lic records data, health­care provider data, claims data, busi­ness data and more. When that data is put into pre­dic­tive mod­els, it can iden­tify health risk. With in­sights gleaned from data, med­i­cal per­son­nel don’t have to wait for a pa­tient to dis­play symp­toms be­fore tak­ing ac­tion. They can fo­cus on pre­ven­tion to avoid dis­ease, health com­pli­ca­tions and hos­pi­tal read­mis­sions.

What are the chal­lenges as­so­ci­ated with strate­gi­cally im­ple­ment­ing in­no­va­tive tech­nolo­gies?

Most or­ga­ni­za­tions are man­ag­ing mul­ti­ple pri­or­i­ties, which can limit their abil­ity to de­velop a change man­age­ment strat­egy. In­no­va­tive com­pa­nies rec­og­nize the cost and time in­vest­ment as­so­ci­ated with im­ple­ment­ing new tech­nolo­gies but place a higher value on the ben­e­fits that will re­sult. They foster an in­no­va­tive cul­ture that en­cour­ages peo­ple to think in­de­pen­dently and be open to dif­fer­ent per­spec­tives. They em­power em­ploy­ees to be creative by ded­i­cat­ing re­sources in time and money. They in­volve the pri­mary stake­hold­ers in de­vel­op­ment. Post im­ple­men­ta­tion they work to­ward en­sur­ing the tech­nol­ogy is adopted and be­ing used by stake­hold­ers, while al­ways driv­ing to­ward that ROI.

How can in­no­va­tive tech­nolo­gies help health­care or­ga­ni­za­tions achieve the cov­eted triple aim?

We be­lieve data can greatly con­tribute to im­prov­ing the pa­tient ex­pe­ri­ence, im­prov­ing the health of pop­u­la­tions and re­duc­ing the per capita cost of health care. The amount of avail­able data is grow­ing ex­po­nen­tially. So­cioe­co­nomic data, claims data and per­sonal fit­ness data can all be in­te­grated with a pa­tient’s med­i­cal his­tory to pro­vide a clear, com­pre­hen­sive lens into that per­son’s health. A big­ger pic­ture al­lows you to more eas­ily iden­tify a pa­tient who is at risk and in­ter­vene to pre­vent a med­i­cal episode, one that might in­volve costly treat­ment or chronic care. The same idea can be ap­plied to the pop­u­la­tion at large. When you ag­gre­gate large amounts of dis­parate data and link them to­gether, you can see pat­terns, track trends and draw in­sights that might not oth­er­wise be ap­par­ent. The data can be an­a­lyzed to un­der­stand pa­tient be­hav­ior and then drive smarter de­ci­sions about in­ter­ven­tion and treat­ment op­tions.

How can or­ga­ni­za­tions jus­tify in­vest­ments in new tech­nolo­gies?

At Lex­isNexis, a big part of what we do for our clients is pro­mote in­no­va­tion by har­ness­ing the power of data and trans­form­ing key work streams. We en­able health­care or­ga­ni­za­tions to lever­age data and an­a­lyt­ics to man­age pa­tient and provider in­for­ma­tion, im­prove health out­comes, iden­tify mar­ket op­por­tu­ni­ties, re­duce fraud and en­sure com­pli­ance. We help them to use data tech­nol­ogy in ways that mit­i­gate their risk while im­prov­ing their ef­fi­ciency. In to­day’s fast-paced world, the real ques­tion isn’t, “How can or­ga­ni­za­tions jus­tify in­vest­ments in new tech­nolo­gies?” It’s “How can they NOT jus­tify those in­vest­ments?”

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