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The possibilities and pitfalls of monetizing healthcare data Data open the door to innovation and new revenue streams

"You don't always understand the risks that come with the benefits until later."

"With a projected compound annual growth rate of 36% between 2018-2025 - data generated in healthcare are expected to surpass the growth of data generated by manufacturing, financial, and media & entertainment industries within this time frame.

"The overall data monetization market is poised to touch a valuation of $USD 707.86 billion by 2025 making it a valuable instrument for healthcare systems and related companies."

When did healthcare organizations start taking advantage of their electronic medical records in this way?

"....probably in 2017 or 2018. The thing that really pushed this into overdrive was the rise of privacy-preserving record linkage, which combines records from the same person without identifying them. The technologies are perfectly fine. But it almost makes a lot of people feel like, "Well, if I de-identified the data, I can almost do anything I want." https://healthcaretransformers.com/healthcare-business/healthcare-data-monetization/

Dec 4, 2022
at
11:04 PM

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