BOSTON – Promising to “get the data, house the data, mine the data, apply the data and offer solutions,” a team of healthcare veterans has launched Humedica.
The Boston-based provider of healthcare informatics solutions, in planning for 15 months, was launched with $30 million in capital and a long-term relationship forged with the American Medical Group Association. The company now offers a Software-as-a-Service-based business analytics portfolio centering on the Humedica MindShare platform and Humedica MindStream predictive clinical surveillance
system.
“Evidence-based healthcare is the name of the game,” said Michael Weintraub, the company’s president and CEO, a 25-year veteran of the healthcare informatics industry and former president and CEO of PHARMetrics.
Weintraub said much of the data-gathering taking place in healthcare now is claims-based, and that Humedica is focused on developing longitudinal, census-driven databases more appropriate for clinical decision-making, including studies and chronic disease management programs.
“Through our innovative solutions, Humedica offers a complete picture of healthcare delivery, bringing together clinical, operational and financial data to help answer both pressing real-time questions and to address topics at the center of healthcare reform that require comparative analyses and benchmarking information,” he added in a press release issued Sept. 22.
“The data’s a mess and it’s lying all over the place – which we already knew,” said A.G. Breitenstein, who founded both PrivaSource and the Institute for Health Metrics and is Humedica’s vice president and general manager of provider markets. “Providers have all sorts of different systems in place, and they haven’t focused on making that data available for use.” n
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