Health care organizations are following in the footsteps of data-savvy companies in retail, manufacturing, and banking markets. Like these more mature industries, health care is learning how to use data to improve quality and decrease cost.
Ingenix is helping health care organizations of all types organize, analyze, and act on their own data. Our work for clients includes data aggregation, assessment, cleaning, augmentation, warehousing, benchmarking, predictive modeling, and reporting.
Every month, Ingenix adds 300 gigabytes of rich health care data to the databases that it builds and maintains for its customers. This year, these databases passed the 300 terabyte mark. A terabyte is approximately one thousand billion (1,000,000,000,000) bytes of computer data storage. Read more to learn how payers, employers, pharmaceutical companies, and governments are using data to improve the quality and affordability of health care.
The crown jewel of our data assets is the Galaxy database, which provides a single source for member, provider, policy, product, pharmacy, financial, and statistical claims data. This database contains 10 years of longitudinal, fully integrated medical, pharmacy, and lab data on a population that now includes 30 million Americans — and is expected to reach 40 million by the end of 2007.
Ingenix believes that there is now an extraordinary opportunity for payers, providers, and policy makers to share their data sets and collaborate to improve the health care system. Many Ingenix clients are already participating in efforts such as the Ambulatory Care Quality Alliance, a quality improvement project that is jointly sponsored by payers and organized medicine. |
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