Recently, he began investing $1 billion of his fortune to create a smart grid of medical information that will revolutionize the way doctors deliver and patients receive medical care.
According to reports, a group of high tech and healthcare companies have been organized to accelerate genetic analysis of patient tumors from the current 8 to 10 weeks to just 47 seconds. Additional advancements will include new healthcare delivery, new payment models and evidence-based treatments and outcomes.
David lives in the North End of Boston, Massachusetts, and regularly visits MIT, Harvard, Boston University, Northeastern, Boston's leading companies and labs, the stacks at Boston Atheneaum and Boston Public Library to uncover and research story ideas.
1. indust ryt ap.co m
http://www.industrytap.co m/billio naire-develo ping-smart-grid-medical-info rmatio n/17200
Billionaire Developing Smart Grid For Medical Information
DNA Database Will Be at Center of Diagnosis and Treatment
Dr. Soon-Shiong, born in South Af rica to Chinese immigrants, now lives in Los Angeles, Calif ornia and is on
Forbes’ list of billionaires with a net worth of $4 billion. Recently, he began investing $1 billion of his f ortune to
create a smart grid of medical inf ormation that will revolutionize the way doctors deliver and patients receive
medical care. A new supercomputer-based network will allow doctors to use genome sequencing to treat
illnesses such as cancer, Alzheimers, you name it.
Shiong is Chairman of the Institute f or Advanced Health, Chairman of the Healthcare Transf ormation Institute,
f ounder of the National Coalition f or Health Integration and has invested in over 10 companies to try to make
his vision a reality, including:
Dossia – personal health records developer
Intel – data & storage
Toumaz – remote patient monitoring experts
Verizon – communications
Vitality – a maker of Glow Caps, which remind patients to take their medications
Vodaphone – mobile health services
2. According to reports, a group of high tech and healthcare companies have been organized to accelerate
genetic analysis of patient tumors f rom the current 8 to 10 weeks to just 47 seconds. Additional advancements
will include new healthcare delivery, new payment models and evidence-based treatments and outcomes.
Making Medical Data Sharing Smarter
Shiong is cobbling together existing networks, including the National Lambda Rail, which connects research
institutions, NASA and academic centers throughout the United States and genome sequencing centers, data
centers and supercomputers.
David Schilling
David lives in the North End of Boston, Massachusetts, and regularly visits MIT, Harvard,
Boston University, Northeastern, Boston’s leading companies and labs, the stacks at Boston
Atheneaum and Boston Public Library to uncover and research story ideas. You can also f ind
David on Google+.