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Baylor Scott & White Health, MedStar Health and Texas Health Resources announced Tuesday they became members of Truveta, an emerging company that uses "de-identified" data to quickly gather insights on how to best treat patients and cure diseases.
Truveta's 17 members nationally - all healthcare concerns - estimate they provide more than 15% of patient care in the United States, presenting thousands of patient care sites and caregivers.
"Clinical data from this care will be de-identified daily and brought together in the Truveta platform to advance patient care and accelerate development of new therapies," Truveta, founded in 20178 and whose mission is "Savings Lives With Data," said.
Truveta's members have invested $95 million in the company, "closing out Series A funding," the company said.
"Their investment will support the hiring of talented technologists and health data experts and cover the infrastructure and cloud-computing resources necessary to make the Truveta platform a reality. Earnings health providers receive from Truveta will be invested back into the communities they serve."
“Joining this collaborative will benefit the millions of Texans we serve, as it will enable us to leverage national data to advance treatments and discoveries within our communities,” Jim Hinton, CEO of Baylor Scott & White Health, said in a release.
“Medical education is core to our mission, and this collaboration will empower future clinicians and researchers by expanding access to data and knowledge.”
“For more than 20 years as a clinical researcher, I have dreamed of being able to use de-identified data to quickly answer critical questions that immediately advance the health of our patients,” Dr. Neil Weissman, chief scientific officer, MedStar Health, said in the release.
“I’m so proud our team is joining Truveta and excited for the opportunity to transform how we conduct research and advance health with ethical and intelligent use of data.”
“We’re honored to join this extraordinary group, as we pursue our commitment to use our collective data for the collective good,” Barclay Berdan, CEO of Texas Health Resources, said in the release.
“No one system can do what we will collectively achieve together by leveraging our data to improve every aspect of healthcare from the patient care journey and experience to treatments and outcomes.”
“I’m inspired by the commitment from our 17 health provider members to join Truveta to save lives with data,” Terry Myerson, CEO of Truveta, said.
“Together, we are hard at work to help researchers find cures faster, empower every clinician to be an expert, and help families know they are receiving the best care for their condition. We are building an unprecedented data platform and learning community for health. Our members’ data commitment, clinical expertise, and strategic capital will help us achieve our vision. We invite others to join us.”
Today, "clinical health data is often inaccessible, fragmented, and unstructured, which challenges doctors and patients to learn from data collected as part of patient care," Truveta said.
"Truveta will deliver valuable insights from billions of clinical data points with a single search. The Truveta platform will enable the health community to learn rapidly from each other and from exabytes of de-identified data, all while carefully protecting patient privacy."
"Most of the Truveta health system members have academic medical school and research affiliations, as well as commitments to train future generations of medical professionals," Truveta said. Baylor, MedStar, and THR "all bring additional academic medical center and research expertise to the group and even more data diversity and representation to Truveta."
Truveta’s 17 health provider members: Providence, Advocate Aurora Health, Trinity Health, Tenet Healthcare, Northwell Health, AdventHealth, Baptist Health of Northeast Florida, Baylor Scott & White, Bon Secours Mercy Health, CommonSpirit Health, Hawaii Pacific Health, Henry Ford Health System, Medstar Health, Memorial Hermann Health System, Novant Health, Sentura Healthcare, and Texas Health Resources.
Truveta began as an idea within Providence in 2018. Myerson joined Truveta in March 2020.
"As the COVID-19 pandemic began ravaging our country and our world, families struggled to safely protect each other with well-intended, but conflicting guidance," Truveta says on its web site.
"Physicians struggled to learn how to treat this virus as hundreds of thousands died. Life science companies struggled to staff clinical trials with enough diverse participants to effectively test and garner approval of life-saving vaccines. The world needed faster answers, clearer guidance, and the opportunity to learn from each other."
In September 2020, the company was founded with Providence, Advocate Aurora Health, Tenet Health, and Trinity Health.
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