Paddy Padmanabhan discusses the forces unlocking healthcare data ( and those that restrain it)

1. @paddypadmanabhaThe forces unlocking healthcare data
(and those that restrain it)
Paddy Padmanabhan
CEO, Damo Consulting Inc

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@paddypadmanabha

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Healthcare in the U.S – basic facts
@paddypadmanabha
• Public-private markets, employer-based health insurance
• Highest per capita costs in the world : $ 10,500 (OECD average $
3200)
• Highly fragmented : over 5500 hospitals
• Uncertain policy environment: future of individual markets, Medicare,
Medicaid funding
• Healthcare IT spend growing : data, analytics, digital health

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The Big Unlock
@paddypadmanabha
• The Big Unlock refers to the massive opportunity unfolding in
healthcare from the digitization of patient medical records and the
emerging tsunami of data from a wide range of medical and non-
medical sources, especially unstructured data such as text and
speech. Collectively, these data will enable the unlocking of insights
for improving the quality of care, reducing costs, and creating new
sources of value for healthcare providers, consumers, and
technology firms.

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@paddypadmanabha
The forces driving the Big Unlock
• Shift to value-based care
• Population health
management
• Healthcare consumerism
• Digital transformation and
digital health
• Emerging data sources ( IoT,
Genomics, Social
determinants)
• Cloud computing
• Cognitive and AI
• Blockchain

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…and the forces restraining it
@paddypadmanabha
• Enterprise readiness: IT infrastructure, funding, appetite for risk
• Security and privacy : HIPAA, ransomware
• Data quality, data interoperability
We are at the cusp of an unprecedented opportunity to transform
healthcare by unlocking data and using advanced analytics..
Ed Marx, CIO Cleveland Clinic

7. Thank you!
Paddy Padmanabhan
CEO, Damo Consulting Inc
www.damoconsulting.net
www.thebigunlock.com
@paddypadmanabha