Providence and 13 other health systems have formed a startup to pool patient information in an effort to streamline anonymous data to improve care, find cures faster and promote more equitable treatment of underrepresented groups.
The Seattle-based startup Truveta will gather and sell data from AdventHealth, Advocate Aurora Health, Bon Secours Mercy Health, Memorial Hermann Health System, Northwell Health and other health system investors to create the platform. Using artificial intelligence and machine learning (MI), the platform will develop insights to enable personalized medicine and give providers additional insights on treating patients.
Led by former Microsoft executive Terry Myerson, Truveta will combine records representing about 13% of U.S. hospitals, which will be anonymized to protect patient confidentiality, Rod Hochman, AHA board chair and Providence CEO, told Bloomberg.
Researchers and health systems that invested in Truveta will run analyses and use MI to draw insights from the data pool the systems generate. This will be valuable because researchers at each institution often face a shortage of examples in their own data sets when looking for patterns.