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10 Best Healthcare Companies 2021

Prognos Health - Healthcare Analytics with a clinical edge

Prognos Health - Healthcare Analytics with a clinical edge

Today companies are drowning in data, and we always seem to need yet more data. Taking on more assets has become a considerable expense and burden for many companies. Healthcare data needs constant upkeep to make it purpose-ready. It needs to be accurate, compliant, and ready to analyze. Prognos is a leading clinically-focused healthcare analytics company with a platform that can query patient-centric data to answer key healthcare questions in minutes, not months. The longer you wait, the more opportunities cost. prognosFACTOR gives you a clear picture of the patient journey as it happens, unifying data across the healthcare landscape and pinpointing insights at decision speed.

prognosFACTOR™

prognosFACTOR is built with an entire ecosystem of healthcare data assets. Prognos was first to the market, creating harmony between lab data types and extracting its complete analytical value in a powerful platform. The prognosFACTOR was developed with analytics to accelerate understanding, accessibility, and development of clinical data.

The platform addresses payer, life sciences, and provider needs, enabling clients to securely, efficiently, and cost-effectively analyze billions of lab and health records on more than 325 million de-identified patients. prognosFACTOR is HIPAA compliant and harmonizes and integrates lab data with other healthcare data assets from a trusted and diverse data ecosystem.

The platform allows you to access the ever-growing registry of indicative lab results and open-closed prescription and medical claims data. You can integrate your own sources to create an all-encompassing environment primed for complete analysis. It provides comprehensive data mapping the entire patient journey and automatically normalized and reconciled clinical lab test results data.

Life Sciences

Prognos is known for its data-driven lab-based solutions. They also have a Marketplace that includes medical and prescription claims. With a token from their partner, Datavant, prognosFACTOR can integrate any data you need, including your own assets, to accelerate time to insight. Their software drives the clinical specificity you need to improve outcomes and reach the patients and practitioners who can benefit from earlier intervention.

Marketplace

Prognos Health provides an ecosystem of healthcare data at your fingertips. They understand the frustration of managing multiple data vendors to acquire broad and diverse healthcare data to drive commercial, RWE, outcomes, and clinically-focused analytics. They have developed Prognos Marketplace to ease that burden and make purchasing high fidelity and compliant de-identified patient-level data a much more streamlined process. Prognos brings together sources of data in one secure place. This eliminates losing precious time going back and forth between vendors to define cohorts and find the sample and metrics you need. It gives you flexibility and control. You can get started by designing your cohort or purchasing one that Prognos has already built. They provide you a sophisticated and intuitive way to buy only the data you need at the price you're willing to pay.

Driven by the need to overcome the challenges in representing healthcare data's unique nature using conventional data technologies, their team has developed healthLOGIC. This proprietary technology can query vast amounts of patient-centric healthcare data instantaneously. With this, you can access a clinically rich data ecosystem with an intuitive UI for more rapid and informed actions.

From iteration in a cohort where you can hone in on critical factors for your brand to unlocking valuable insights in a patient journey, acting on the latest, most accurate information is your competitive advantage. Before you've even formed your questions, Natural Language Processing completes your analytical picture, transforming written pathology records into measurable results from positive/negative to high/low. Then, their proprietary AI-based algorithms inform predictive models and uncover Clinical Truths. 

About the CEO

Sundeep Bhan is the Co-Founder, Chief Executive Officer of Prognos Health. He is a serial entrepreneur dedicated to improving health using technology. Previously, Bhan was the CEO and Co-founder of Medsite, Inc., in partnership with blue-chip investors like JP Morgan Partners, Morgan Stanley, Bain, and Reuters, and subsequently sold the company to WebMD in 2006.

Bhan is a Senior Advisory Board member of Consonance Capital Partners, a $500 million private equity fund. He also serves on the Advisory Board of KNB Communications, Inc. and the Entrepreneurship Lab (ELabNYC). As a thought leader in digital health, he regularly speaks at industry events and conferences, including SXSW and JP Morgan, and was named one of PM360's Elite 100 Entrepreneurs in 2017. Bhan is a University of Pennsylvania alumnus.

 "As more and more healthcare organizations join us, we'll all deepen our understanding of the patient journey, impact care earlier, and improve outcomes — the ultimate mission."


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