Validic, SAP partner to accelerate personalised medicine
July 12, 2016
Enterprise software vendor SAP and North Caroline based digital health platform provider Validic are partnering to provide healthcare and life science organisations with a platform to accelerate the development and delivery of patient centred and personalised medicine. The partnership between the two companies will allow the convergence of clinical data drawn from healthcare organisations and patient generated data created and captured outside any clinical settings. Personalised medicine is an approach to developing more accurate, timely and cost effective clinical interventions based on data mining and analytics of individual patient data sets.
Validic's platform is designed to capture health data from hundreds of home based clinical devices, wearables, and consumer healthcare applications. It currently collects healthcare data from 223 million patients in 47 countries.
Validic says that data from its platform will provide health organisations deploying SAP's Connected Health platform access to a broader set of patient data for more accurate patient health assessment and personalised health treatment. These data sets will also allow life science organisations greater accuracy and speed in developing new therapeutic approaches and interventions.
"Validic's industry expertise on the delivery and utilisation of patient-generated health data complements SAP's vision to deliver the SAP Connected Health platform built and designed for patients and healthcare professionals to ultimately improve health outcomes," said Dr. Werner Eberhardt, chief product officer of SAP Connected Health. "SAP is building an ecosystem of partners on the SAP Connected Health platform to enable an effective use of health related data. Validic's global impact and leadership across a number of healthcare and life science verticals make them an ideal partner to add to this growing ecosystem."
Announced in May of this year, the SAP Connected Health platform enables the processing and real-time analysis of big data from various medical sources in a single system - integrating clinical data from electronic medical records, biological data from genome sequencing and Internet of Things (IoT) data from consumer and clinical health devices. Validic's digital health platform, delivering access to health insights from over 280 connected health devices and applications, will provide the necessary patient-generated health data integration component for SAP Health Engagement solution. The SAP Health Engagement solution is part of the portfolio of healthcare offerings built on the SAP Connected Health platform.
"Together, SAP and Validic will build health solutions that empower patients, caregivers and researchers to realize the potential of personalized medicine," said Drew Schiller, co-founder and CEO of Validic. "Increasingly, care will be managed, measured and influenced outside the four walls of the hospital or clinical setting. Leveraging and integrating patient-generated health data is becoming a market necessity for healthcare, wellness and life science organizations aiming to improve the health of their populations. The strategic relationship with SAP will help fuel the use of actionable data from clinical remote monitoring devices, wearables and health applications – key to providing an innovative, patient-centered connected health approach."