Today, we’re announcing our enterprise data connectivity solution, which enables our partners to bring together disparate datasets in a controlled and compliant way, with a bird’s eye view of all data connectivity projects across their organization.
Leading pharmaceutical companies work with hundreds of first and third-party data sources, and dozens of analytics platforms. One major challenge is that these sources and platforms are rarely interoperable. As a result, bringing together data from different parties can take months, if not years. This translates into under-utilization of data and foregone insights from clinical development to commercial launch. While many companies aspire to approach this systematically across the enterprise by building something new, Datavant accelerates the journey by working with your existing infrastructure and partners to unlock enterprise data connectivity.
Let’s use the example of a pharmaceutical company that wants to create an enterprise data strategy spanning their own data from Research and Development (e.g., trial data, genomic screening tests) and Commercial (e.g., specialty pharmacy networks, patient HUBs), along with commercially licensed data assets (e.g., claims database, oncology EHR dataset, etc.). Historically the company’s data acquisition and analysis has been decentralized, resulting in huge amounts of under-utilized data and unrealized value.
Today, the company wants:
How might the company unlock value from connecting their data? Here are a few examples:
Sophisticated clinical development, real world evidence, and commercial analytics teams are pursuing many of these use cases today. The next step is working systematically across the enterprise to see all data assets at a glance, understand how they’re being activated, and ensure their use in a controlled and compliant way.
The same challenges pharmaceutical companies face are shared by large insurers, medical device companies, research networks, and government agencies. Organizations across healthcare need enterprise data connectivity to help them realize the full value of their data.
Organizations need a way to bring data together quickly, seamlessly and compliantly — and then send it where it needs to go. One way of framing the task is through four types of connections that an organization needs to manage:
To unlock the power of enterprise data connectivity, no one wants to start from scratch. In most organizations, these connections consist of dozens of bespoke data projects, with spreadsheets attempting to keep track of everything. The key to moving from one-off projects to enterprise data connectivity is to leverage what you already have in place, but then to make the different sources, applications, and internal teams work seamlessly together. That’s the problem that Datavant’s technology is designed to solve: our suite of tools enables companies to build the ultimate data connectivity platform.
Datavant’s enterprise solution includes the ability to:
New tools, including project management dashboards, enable data connectivity at scale:
Our most successful enterprise customers use Datavant’s tools holistically to activate and manage many dozens of use cases across their organization. Each use case involves data flows with different users, data sources, and third-party platforms. Our tools enable customers to project manage this activity across the enterprise, defining goals and access permissions for each use case — like linking trial data with real-world data or bringing together disparate datasets for commercial analytics. This approach allows data and analytics leaders to manage dozens of complex connectivity projects at a glance.
Datavant can help you realize your enterprise data strategy by unlocking the full value of the data you already have. The value of enterprise-wide data connectivity is improved patient outcomes: more effective research and development, a deeper understanding of patient populations, and an enhanced ability to demonstrate the safety and efficacy of therapies.
Request a demo to explore how Datavant can power your enterprise data connectivity platform.
AnalyticsIQ, a marketing data and analytics company, recently adopted Datavant’s state de-identification process to enhance the privacy of its SDOH datasets. By undergoing this privacy analysis prior to linking its data with other datasets, AnalyticsIQ has taken an extra step that could contribute to a more efficient Expert Determination (which is required when its data is linked with others in Datavant’s ecosystem).
AnalyticsIQ’s decision to adopt state de-identification standards underscores the importance of privacy in the data ecosystem. By addressing privacy challenges head-on, AnalyticsIQ and similar partners are poised to lead clinical research forward, providing datasets that are not only compliant with privacy requirements, but also ready for seamless integration into larger datasets.
"Stakeholders across the industry are seeking swift, secure access to high-quality, privacy-compliant SDOH data to drive efficiencies and improve patient outcomes,” says Christine Lee, head of health strategy and partnerships at AnalyticsIQ.
“By collaborating with Datavant to proactively perform state de-identification and Expert Determination on our consumer dataset, we help minimize potentially time-consuming steps upfront and enable partners to leverage actionable insights when they need them most. This approach underscores our commitment to supporting healthcare innovation while upholding the highest standards of privacy and compliance."
As the regulatory landscape continues to evolve, Datavant’s state de-identification product offers an innovative tool for privacy officers and data custodians alike. By addressing both state-specific and HIPAA requirements, companies can stay ahead of regulatory demands and build trust across data partners and end-users. For life sciences organizations, this can lead to faster, more reliable access to the datasets they need to drive research and innovation while supporting high privacy standards.
As life sciences companies increasingly rely on SDOH data to drive insights, the need for privacy-preserving solutions grows. Data ecosystems like Datavant’s, which link real-world datasets while safeguarding privacy, are critical to driving innovation in healthcare. By integrating state de-identified SDOH data, life sciences can gain a more comprehensive view of patient populations, uncover social factors that impact health outcomes, and ultimately guide clinical research that improves health.
Both payers and providers are increasingly utilizing SDOH data to enhance care delivery and improve health equity. By incorporating SDOH data into their strategies, both groups aim to deliver more personalized care, address disparities, and better understand the social factors affecting patient outcomes.
Payers increasingly leverage SDOH data to meet health equity requirements and enhance care delivery:
Payers’ consideration of SDOH underscores their commitment to improving health equity, delivering targeted care, and addressing disparities for vulnerable populations.
Capital District Physicians’ Health Plan (CDPHP) incorporated SDOH, partnering with Papa, to combat loneliness and isolation in older adults, families, and other vulnerable populations. CDPHP aimed to address:
By integrating SDOH data, CDPHP enhanced their services to deliver comprehensive care for its Medicare Advantage members.
Value-based care organizations face challenges in fully understanding their patient panels. SDOH data significantly assists providers to address these challenges and improve patient care. Here are some examples of how:
By leveraging SDOH data, providers gain a more comprehensive understanding of their patient population, leading to more targeted and personalized care interventions.
While accessing SDOH data offers significant advantages, challenges can arise from:
To overcome these challenges, providers must have robust data integration strategies, standardization efforts, and access to health data ecosystems to ensure comprehensive and timely access to SDOH data.
With Datavant, healthcare organizations are securely accessing SDOH data, and further enhancing the efficiency of their datasets through state de-identification capabilities - empowering stakeholders across the industry to make data-driven decisions that drive care forward.
Explore how Datavant can be your health data logistics partner.
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