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Data will drive many of the sweeping changes coming with the Affordable Care Act to the U.S. healthcare system. At the StrataRx conference in Boston this week, innovators in “big data” for healthcare assessed its role in bringing advances in personalized and predictive medicine, major cost savings and research that leads to new technologies.
At the third and final day of the 2013 StrataRx conference in Boston, innovators in healthcare and big data assessed a rapidly evolving landscape. One of the key topics discussed was the current state of “deal flow” at the intersection of healthcare, big data and information technology.
After the terrorist attacks of September 11, 2001, the Central Intelligence Agency enlisted the help of a Palo Alto-based startup, Palantir Technologies, to gather and analyze huge amounts of data to identify and understand terrorist groups and thwart their efforts.
With only three quarters completed, 2013 has already been a record year for venture funding in digital health, according to San Francisco-based health IT incubator Rock Health, which has been tracking deals in the space since 2011.
Succeeding as a life science entrepreneur takes more than a great idea. The entrepreneur must have a strong belief in his or her mission in order to face obstacles that present themselves.
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