Healthcare as a Data Problem
“Last year, an article published in The Economist declared that the world’s most valuable resource was no longer oil but data. The piece describes the emergence of a highly lucrative data economy and warns that new antitrust legislation might be needed for greater governance of data. Although many have criticized the comparison of data to oil, specifically surrounding the finite availability of oil as a resource compared with data, the core issue of a highly profitable and under-regulated data economy is real, especially in health care. The health-care data economy is booming with hundreds of start-up companies looking to supposedly fix health care through innovative data, data tools, and technology products. In addition to these legitimate businesses, there is an equally booming shadow economy driven by conventional wisdom that estimates the value of a medical record to be ten times the value of a credit card.” MORE
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