MENLO PARK, Calif.--(BUSINESS WIRE)--Health2047 Inc. announces the spin out of Medcurio, an instant data access solution that simplifies insight extraction and allows healthcare organizations to harness the full value of their data quickly and efficiently while protecting patient data privacy. Medcurio will accelerate healthtech innovation, market penetration, and profitability by enabling healthcare systems and their partners to maximize permission-based data utilization in real time. With Medcurio, healthcare system data can be securely accessed in a controlled manner with immediacy and precision and without undue constraint.
Medcurio’s founding team unites extensive market and technology experience under the leadership of Geisinger and Sutter Health veteran Buzz Stewart, and seasoned health system experts Kristen Wilson-Jones, Colin Parker, and Christa Bruce. Medcurio’s mission is to liberate health data from inertia for real time insight and action.
The amount of healthcare data is doubling every two years, but most of it sees limited use due to unnecessary constraints. Health systems and technology partners leverage only a subset of collected data and are forced to use inefficient, complex workarounds for data access and/or application, compromising care and stunting innovation. Medcurio offers a completely novel way to access and act on healthcare data that is highly secure, codeless, self-serve, and scalable. Healthcare systems, technology partners, and payers gain approved access to appropriate information and drastically reduce:
- time and resources needed to implement and maintain solutions and
- errors arising from incorrect or incomplete data
Medcurio’s codeless APIs greatly curtail the need for infrastructure and support staff and reduce system and vendor data integration workload by an estimated 50% to 85%. The flexible data model enables permission-based access to all approved data for both healthcare system internal customers and technology partners. Field-level privacy and security controls enable healthcare system administrators to easily track when and how data are being used. The self-serve solution allows requestors to select the de-identified health data on their own, eliminating the need for most of the usual technical full-time employee support.
Health2047 is committed to developing system-level solutions to healthcare’s biggest challenges. “Vast amounts of useful healthcare data are constantly being collected, but most of it remains inaccessible beyond siloed applications and we need a solution to leverage its full value,” said Health2047 CEO Lawrence K. Cohen. “Our spin out of Medcurio is a critical step in enabling data liquidity and giving healthcare organizations the ability to instantly access all data needed to derive insight and make decisions, without compromising patient data privacy.”
“Innovation requires easy, reliable, scalable, and secure ways to effectively use data,” said founding CEO Buzz Stewart. “Medcurio’s solution makes it easy to access, use, and learn from data in real-time, eliminating the headaches and allowing innovators to focus on function.”
Medcurio debuts with significant seed funding, a passionate and knowledgeable founding team, and enthusiastic market interest in its approach to data usability. It is the fourth company to spin out of Health2047, a Silicon Valley business formation and commercialization enterprise launched by the American Medical Association (AMA) in 2016. The company’s first spin out, Akiri, is building a cloud-based, peer-to-peer network to enable trusted data exchange across the complex U.S. healthcare economy. Health2047’s second spin out, First Mile Care, is a preventive chronic care company building an affordable, scalable and sustainable platform to reverse prediabetes. The company’s third spin out, Zing Health, is a tech-enabled Medicare Advantage plan that helps doctors and communities coordinate improved and individualized care for chronically underserved populations.
Accessing and acting on healthcare system data is difficult and the outcome is often disappointing. It is time to move away from legacy interfaces, proprietary APIs, data extracts and fixed data models. Medcurio’s codeless APIs, flexible data model, field-level security control, and self-serve solution greatly reduce the need for infrastructure and support staff and create scalable lower cost means of integration. Medcurio’s instant data access solution allows healthcare technology organizations to harness the value of their data by making it easy to access, use, and learn from data in real-time, profoundly transforming the provider and patient experience. For more information, please visit www.medcurio.com/.
About Health2047 Inc.
Health2047 Inc. is a Silicon Valley business formation and commercialization enterprise committed to enabling fundamental transformation in U.S. healthcare. The company’s specific areas of focus include data liquidity, chronic care prevention, radical productivity enhancement, and value-based payment. Health2047’s deep relationships with both the American Medical Association and its network of strategic partners create a unique force multiplier that helps drive large-scale change in healthcare. For more information, please visit www.health2047.com.