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Data is key to bringing down healthcare cost curve says new Kauffman report

on April 23, 2012 Source: Kauffman Foundation

“The big headline here is the importance of data, and particularly sharing data and mining data. It turns out…that’s one of the keys to bringing the healthcare cost curve down,” said Bob Litan, vice president of research and policy at The Ewing Marion Kauffman Foundation.

Litan talked to MSNBC last week about the Kauffman Foundation’s newest report on improving the cost-benefit balance in American healthcare through open access to medical data.

Called Valuing Health Care: Improving Productivity and Quality, the report proposes that better utilization of data sharing and pooling would lead to fewer unnecessary tests and procedures, more efficient and insightful medical research, and more innovations to improve patient outcomes.

The major takeaway? Open patient access to medical data equals more informed decision-making.

Watch the interview with Litan below, or read the report in full here.

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