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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,

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Products MinedStream (surveillance) MinedShare Ambulatory (analytics) Sell data

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Page 1: Nilla Majahalme 19.3.2012. Clinical Business Intelligence Clinical Business Intelligence refers to technologies, applications and practices for the collection,

Nilla Majahalme19.3.2012

Page 2: Nilla Majahalme 19.3.2012. Clinical Business Intelligence Clinical Business Intelligence refers to technologies, applications and practices for the collection,

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

Page 3: Nilla Majahalme 19.3.2012. Clinical Business Intelligence Clinical Business Intelligence refers to technologies, applications and practices for the collection,

ProductsMinedStream (surveillance)MinedShare Ambulatory (analytics)Sell data

Page 4: Nilla Majahalme 19.3.2012. Clinical Business Intelligence Clinical Business Intelligence refers to technologies, applications and practices for the collection,

FinancialsPrivateRaised > $50m CEO: Michael Weintraub

Page 5: Nilla Majahalme 19.3.2012. Clinical Business Intelligence Clinical Business Intelligence refers to technologies, applications and practices for the collection,

HistoryFounded 2008 as Health Insight

Technologies, Inc. 2009: Humedica Inc.

$30m investment from Bain Capital Ventures, General Catalyst Partners, North Bridge Venture Partners, and Leerink Swann

Page 6: Nilla Majahalme 19.3.2012. Clinical Business Intelligence Clinical Business Intelligence refers to technologies, applications and practices for the collection,

StoryMichael Weintraub

30 yearsTop 12 CEO’s in MA

Page 7: Nilla Majahalme 19.3.2012. Clinical Business Intelligence Clinical Business Intelligence refers to technologies, applications and practices for the collection,

What’s Hot?Holston Medical Group, TN

1300 physiciansHMG + non-HMG analytics network

Page 8: Nilla Majahalme 19.3.2012. Clinical Business Intelligence Clinical Business Intelligence refers to technologies, applications and practices for the collection,

CompetitionCleveland Clinic, St. Joseph Health System. OH

Other large hospitals and universities

Finance only. San Francisco, CA

Data aggregation and review. San Mateo, CA

http://www.medcitynews.com/2011/11/5-companies-using-big-data-to-solve-healthcare-problems/

Page 9: Nilla Majahalme 19.3.2012. Clinical Business Intelligence Clinical Business Intelligence refers to technologies, applications and practices for the collection,

Secret SauceReal-time analyticsIdentify high-risk/high costClinical tool and research

http://www.medcitynews.com/2011/11/5-companies-using-big-data-to-solve-healthcare-problems/

Page 10: Nilla Majahalme 19.3.2012. Clinical Business Intelligence Clinical Business Intelligence refers to technologies, applications and practices for the collection,

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 Humedica MinedShare® 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…