Revolutionizing Real-World Data Using Next-Generation Tokenization Technology

The following is a guest article by Josh Schoeller, CEO, Health Care business of LexisNexis® Risk Solutions & Global President, Elsevier Clinical Solutions. Connecting datasets with unparalleled precision unlocks better health for all The healthcare industry has widely acknowledged the importance of enabling patient-centered care. We all seem to agree that understanding patients and their unique healthcare journeys provides a more complete picture and increases the chances of positive health outcomes. Real-word data (RWD) can provide this insight, but today’s RWD is incomplete, often restricted to only a fraction of a patient’s story. To realize the full potential of RWD, we must put the patient at the center and truly understand each patient’s unique circumstances over time. It’s certainly a tall order when the data we need is scattered across siloed systems and guarded by applicable and necessary patient privacy regulations. For the last 20 years or so, we’ve been aggregating disparate de-identified datasets leveraging programs using various crypto hash tokenization processes. However, this legacy tokenization technology uses probabilistic and deterministic matching based on the presented Personal Identifiable Information (PII) and because of the variation in this PII over time and different sources, it lacks the critical capability of precision for RWD applications. I want to be clear; this legacy tokenization process for data aggregation is fine for the his...
Source: EMR and HIPAA - Category: Information Technology Authors: Tags: Analytics/Big Data C-Suite Leadership Health IT Company Healthcare IT Hospital - Health System Interoperability Security and Privacy Elsevier Elsevier Clinical Solutions Healthcare Scene Featured Healthcare Tokenization Healthcare To Source Type: blogs