Prognos Joins Forces with Datavant to Augment Data Analytics and Enhance Accessibility
By MedTech Outlook | Monday, July 15, 2019
Sundeep Bhan, CEO & Co-Founder, Prognos
The health data ecosystem facilitated by the partnership will connect the troves of healthcare data, facilitating enhanced AI analytics for patients.
FREMONT, CA: Healthcare organizations and hospitals possess vast troves of data which often remains unutilized for ages. They fail to identify the potential of all this data, which can be used to develop data models which can significantly benefit the healthcare seekers. To make it easier for healthcare organizations and manage all this data, Prognos, a company leveraging AI-powered analytics for disease tracking and prediction, recently announced its partnership with Datavant. The agreement is aimed at promoting enhanced AI analytics for healthcare data.
The partnership will allow Prognos to leverage the comprehensive ecosystem of Datavant and deliver robust analytics solutions, enabling the patients to access patient data seamlessly. The data analytics solutions facilitated by the partnership will empower the customers to make informed clinical decisions, identify risks, enhance healthcare quality, and augment patient outcomes. Since both Prognos and Datavant are committed to maintaining data privacy, the offering will enable secure data sharing.
Travis May, CEO, Datavant
The Prognos Registry is the largest source of clinical diagnostics information focusing on 50 disease areas, with almost 24 billion medical records for 200 million patients. Sundeep Bhan, the CEO and Co-Founder of Prognos, said, “As the amount of
healthcare data exponentially increases, so does our potential for predicting disease and its trajectory, which enables us to get the right treatment and care to the right patient, at the right time. Partnering with Datavant will be a force multiplier to Prognos’ analytical capabilities by leveraging Datavant’s ecosystem to expand our existing data partnerships across data types. Giving our customers a more comprehensive view of the patient will result in better and more forward-looking insights to improve decision-making.”
Datavant aims to connect all the health data across various health organizations to enable seamless accessibility and analytics. The company collaborates with data owners to facilitate advanced analytics while also ensuring patient privacy.
“Prognos is a pioneer in using advanced analytics with clinical diagnostic data to drive improved patient outcomes,” said Datavant CEO, Travis May. “We're thrilled to be strategically partnering with them to further expand our data ecosystem, and to give them access to that same ecosystem to enhance their analytics.”
The partnership will enable organizations to overcome the unique data complexities of various labs and provide timely clinical lab insights for analytics. It will facilitate accurate trends prediction when it comes to disease progression, offering valuable clinical insights to bolster the convention medical claims and Rx data sets. The agreement will strengthen the analytics offering of Prognos, increasing the capability of tracking and predicting diseases.