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Nilla Majahalme 19.3.2012

Nilla Majahalme 19.3.2012. Clinical Business Intelligence. “ Clinical Business Intelligence refers to technologies, applications and practices for the collection, integration, analysis, and presentation of clinical information, for the purpose of better clinical decision-making .”

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Nilla Majahalme 19.3.2012

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  1. Nilla Majahalme 19.3.2012

  2. Clinical Business Intelligence • “Clinical Business Intelligence refers to technologies, applications and practices for the collection, integration, analysis, and presentation of clinical information, for the purpose of better clinical decision-making.” • Finance, patient care, quality control http://www.evolvent.com/service_clinical.htm

  3. Products • MinedStream (surveillance) • MinedShareAmbulatory (analytics) • Sell data

  4. Financials • Private • Raised > $50m • CEO: Michael Weintraub

  5. History • Founded 2008 as Health Insight Technologies, Inc.  • 2009: Humedica Inc. • $30m investment from Bain Capital Ventures, General Catalyst Partners, North Bridge Venture Partners, and LeerinkSwann

  6. Story • Michael Weintraub • 30 years • Top 12 CEO’s in MA

  7. What’s Hot? • Holston Medical Group, TN • 1300 physicians • HMG + non-HMG analytics network

  8. Competition Cleveland Clinic, St. Joseph Health System. OH Finance only. San Francisco, CA Data aggregation and review. San Mateo, CA Other large hospitals and universities http://www.medcitynews.com/2011/11/5-companies-using-big-data-to-solve-healthcare-problems/

  9. Secret Sauce • Real-time analytics • Identify high-risk/high cost • Clinical tool and research http://www.medcitynews.com/2011/11/5-companies-using-big-data-to-solve-healthcare-problems/

  10. Prediction: They’re Blowing Up! • 1/12/2012 Humedica Releases Cutting-Edge Predictive Model to Help Prevent Congestive Heart Failure Hospitalizations • 1/24/2012 West Health Policy Center and Humedica Collaborate on Cost-Effective Health Care Delivery • 2/21/2012 Brown & Toland Physicians Selects HumedicaMinedShare® as Analytics Platform to Assist with Pioneer ACO Requirements, Joins Anceta to Collaborate with Other AMGA Members Facing Similar Challenges • 3/8/2012 Holston Medical Group Selects Humedica as Clinical Intelligence Partner, Joins Anceta to Collaborate with Other Leading Medical Groups And They’re Hiring…

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