Sramana Mitra: How do you see that playing out? Are you saying that physicians around the world start sharing case studies on how they have treated certain cases and what results they have gotten in some sort of a central exchange? Then the system does analysis and recommends specific instances. Is that what you’re saying?
Charlie Lougheed: There’s a mix of different vendors in the space. There are those that are pure play technology vendors—the IBMs and the Oracles of the world that often purchase technology and then configure and deploy it to run, oftentimes, behind the firewalls within these organizations. Another component from the competitor standpoint is actually some of the payers
Charlie Lougheed: As these healthcare organizations look to those who pay for the care, which are either the private insurers or Medicare, you see a move towards value-based care. Rather than paying for all the associated services with that patient’s admission into the hospital, you instead get a flat rate for that patient to take
Charlie Lougheed: We formed Explorys in 2009 when we met Dr. Anil Jain, a physician at the Cleveland clinic. Anil was not just a clinician, but he was also responsible for their e-research initiatives around leveraging electronic data and EMR. Some of the things that he and his team had invented really inspired us to
In our review of various Big Data players working on vertical apps, this time, we bring you a Healthcare IT story. Sramana Mitra: Let’s start with some introductions. Please talk a little bit about yourself as well as Explorys. Charlie Lougheed: Explorys is my third company. I was in my mid-teens when I started my