Health care providers have been slowly loosening the grips on their wealth of data, softening up to the likes of health analytics startups. (Photo: Shutterstock)
Google, Microsoft, Apple, Facebook. These tech giants have built their success on cutting-edge technology used to collect data and transform it into meaningful information. The health care industry is a wealth of data. Unfortunately, the holders of that wealth are reticent to share it.
The interest and investment in the health care sector in recent years by major tech companies is a testament to the potential for major changes in just about every area–price transparency, member experience, customer service, claims data. “All of these areas are ripe for transformation by bringing these big names in, by bringing data to the forefront because all have been sorely lacking.” says Michael Levin, ceo and co-founder of health care data services company Vericred.
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Emily Payne
Emily Payne is director, content analytics for ALM's Business & Finance Markets and former managing editor for BenefitsPRO. A Wisconsin native, she has spent the past decade writing and editing for various athletic and fitness publications. She holds an English degree and Business certificate from the University of Wisconsin.
