If you are not familiar with what Optum Labs is, it functions in Massachusetts where hospitals system like Mayo, McLaren, Dignity and I think a couple more de-identify and send all their medical records system to their labs to where the data is cleaned, formatted, etc. for paying data mining members to use for research, painstakingly looking for information about their drugs or products, in the case of Merck and Boston Scientific or other entities wanting to research for particular conditions, diseases, etc. When the labs first opened they explained there were two kinds of memberships and the hospitals, such as Mayo are “owners” which means they have an opportunity here to maybe make some money along the way.
Boston Scientific Joins Optum (United Healthcare) Labs - Research for the Good With Profits Built In For Those Providing Medical Records And Data…
Four new members were added today and these all look like the paying miners from what I am reading, again looking to find something, anything to query to see if they can find some value in the data. The University of Maryland stated they are looking for information relative to Alzheimer's and healthy aging. Optum Labs provides the apps for the data mining on their system. Merck is another new member and of course they are looking for drug information relative t their products.
UnitedHealthGroup and AARP Get Cozier, AARP Still Gets Paid for Marketing Use of AARP Name As AARP Becomes an Optum Labs Data Selling Promoter Amidst Doctor Complaints Received Relative To United Firing of 5500 MDs–Subsidiary Watch
These are just long tedious data digs and Harvard Medical School HealthCare Policy group is another new member and their focus is education so not exactly sure what they might be digging for other than maybe information for studies as a guess as well as Media Research, another new mining member which is located in Minnesota.
United Healthcare Adds McLaren Care Health System Into the Shared Clarity Data Mining And Selling Venture Along With Dignity Health
They also have Humedica that they paid hundred of millions of dollars for that can kick in here too with selling de-identified patient medical record data. Humedica will be able to package up the non identified data and sell it to pharmaceutical, device companies and others. Humedicauses a portal service for the hospital analytics and the information sold from EMR records can show which products are doing better, worse, etc.
This sounds like it’s direct competition for the FDA Sentinel program too as remember back a few years ago when insurers were going to donate claim information to add to the device and drug files that were being gathered to evaluate for safety along with medical records added. BD