Historically, patients go to providers on an as-needed basis. But healthcare is evolving from a model that focuses on volume to a model that focuses on value.
The value-based healthcare delivery model pays providers, including physicians and hospitals, based on patient health outcomes. Providers are rewarded for helping patients improve their health, reduce the effects and incidences of chronic disease, and live healthier lives in an evidence-based way.
In order to do so, healthcare companies must share data.
It makes sense—data feeds the diagnostic engine. It fuels the analytics that help identify patterns for better diagnose and care protocols.
Sharing data would have benefits for both patients and providers.
Data feeds EMRs, or electronic medical records. EMRs generate information on multiple aspects of patient care. Unifying them would create a picture that the entire ecosystem could use to optimize outcomes and also to fuel AI, ML, and cognitive computing.
EMRs become the central repository. It includes structured and unstructured data sets that describe:
- Patient behaviors,
- Signs and symptoms of diseases,
- Human-derived information,
- Wellness activities,
- Claims data,
- Pharmacy refill records,
- Provider notes,
- Third-party reference databases, and more.
To learn more about the benefits of creating a unified healthcare ecosystem, check out our latest white paper, “What if Patients were at the Center of Healthcare?”