Applying big data analytics to patient records, OM1 offers insights to hospitals and pharma
https://techcrunch.com/2019/12/17/applying-big-data-analytics-to-patient-records-om1-offers-insights-to-hospitals-and-pharma/
OM1, a big-data analytics company for the healthcare industry, has raised $50 million in its latest round of financing to expand its sales and marketing and product development activities as it brings clinical insights to hospitals and big pharma companies alike.
The new financing highlights just how important access to data is in the fight to increase efficiencies and drive down costs in healthcare. Pharmaceutical companies can use the data in their interactions with the Food and Drug Administration to make a case for the utility of certain drugs, while hospitals and physicians use the data to improve treatment by looking at which courses of care produced the best outcomes.