An In-depth Look at PointClickCare’s Life Sciences Solution
As we evolve and transform healthcare to meet the demands of the future, the importance of managing healthcare data – storing, protecting, sharing and analysis – becomes even more pertinent to patient success. The right data helps providers to create a holistic 360 patient view, focused on personalized treatments, improved communication, and enhanced health outcomes. But there’s another use for data that can help patients and providers as well: sharing data to improve scientific research.
Currently, a tsunami of information is being digitized, consolidated, standardized, analyzed, and modeled in healthcare. Massive amounts of both structured and unstructured data can be used to unveil statistics from patient populations or individuals. What does this mean? Simply put, more data means more research advancements, lower costs, and can even lead to new treatments and prevent the onset of diseases. And most importantly, it means faster cures – an outcome I think we can all get behind.
PointClickCare’s Life Sciences Solution: A Beacon for the New Era
In today’s digitally connected world, the most valuable resource for just about every company is data. Over the last 20 years, PointClickCare has amassed a significant database of patient therapy and treatment information in long-term care, including detailed outcomes that result from those treatments.
Data is exactly what research and development teams in the payer, provider, and life science markets are analyzing to improve care. The benefits of sharing it are endless; access to data can:
- improve the accuracy of research
- inform the risk/benefit analysis of treatment options
- strengthen collaborations
- accelerate biomedical exploration
- bring trust back into clinical investigations
Why Now is the Right Time for Data Research
The current climate has further demonstrated the benefits of data sharing in the healthcare industry. To make a real impact and collaborate with others, you need a certain volume of data for it to be considered “research grade”. PointClickCare has access to the volume of data required to join others in their efforts to impact the future of health and care. While we will only share data from customers who have given PointClickCare permission to include its data, we’ve reached a groundswell of willing participants and have enough data to potentially make a positive impact on future health outcomes.
This more recently adopted practice of sharing health data is key to helping physicians, hospitals, and health plans improve care quality, reduce cost, and enhance the patient experience. Data sharing also enhances connection and collaboration between researchers, which is an important factor in the discovery of new therapies. Today, the life science community is coping with lower investment in research, so data sharing is even more critical than ever in the pursuit of lifesaving and altering therapies.
How this Helps PointClickCare Customers
Often times, there is no visibility into what happens once the patient leaves a hospital. It is our hope that with PointClickCare’s data, we will be able to provide life sciences companies with better insight into the post-acute and long-term care demographic, which they can use to develop clinical trials and use what’s called “real-world evidence” studies. These studies show where there’s a need for therapeutic interventions or where therapies are not working. As a result, PointClickCare will ultimately have better care and therapy options for the senior demographic than ever before.
How Does the Life Sciences Solution Work?
PointClickCare’s data improves and accelerates accuracy of research and biomedical exploration, and informs analysis and developments of clinical trials and treatment options. PointClickCare provides researchers with de-identified patient data in raw form, with all patient personal information stripped out of the records. Imagine an Excel spreadsheet containing all the elements known about a patient, therapies, and outcomes, but no personally identifying information. Business intelligence products like Power BI do visualizations using all that data. In the future, PointClickCare also plans to combine its data platforms with artificial intelligence (AI) technology to make it a “self-serve option” to customers in real time – with a real-world insight too!
As we move into the future of healthcare, PointClickCare is committed to breaking down data silos to create a connected care network, powered by insights. It is our goal to create and utilize an integrated ecosystem of care that bridges the gap between acute and post-acute care. PointClickCare is looking at potential partners, including life sciences, bio-pharmaceutical, biotech, and medical device companies that want to innovate and discover new products and therapies within PointClickCare’s patient demographic. Check out our press release to learn more.
November 30, 2020