@ CTIA: A grand vision for healthcare in the 21st Century

ORLANDO, Fla. — “There is a moral and economic imperative to provide the highest level of health care to all,” said Dr. Patrick Soon-Shiong, chairman and CEO of the Institute for Advanced Health, as he began his keynote this morning.
“Nobody’s taken a full systemic view of healthcare as a system,” he said. “Unfortunately there’s no reimbursement for providing health. There’s only reimbursement for doing procedures.”
There needs to be a shift toward paying for proactive care instead of paying for reactive care, he argued. In addition to the entrenched domains of healthcare that dictate how everything operates today, there is a compounding magnitude of data that’s becoming increasingly impossible to manage and leverage to improve medicine and healthcare as a whole.
“There’s an urgent need to address this data revolution,” Soon-Shiong said.
By 2010, one sample point returned the equivalent of 200 billion data points. Making all of that valuable information available at the point of care is a gargantuan challenge. And yet, bridging that gap together presents healthcare professionals with a key ability to provide the best evidence-based care to the patient, he said.
“I see for ourselves and physicians both the promise and the tragedy,” he added.
To help facilitate collaboration among various disciplines within and outside of healthcare and create the framework for a modern healthcare system, Soon-Shiong founded All About Advanced Health.
“The kind of infrastructure that is going to be needed is enormous,” he said.
There is a difference between knowledge and wisdom, but without this knowledge you can’t have the wisdom, he added.
Predictive modeling that can be shared throughout the healthcare industry will enable practitioners to manage wellness rather than illness, he said.
“This is the infrastructure we’ve been spending the last five years trying to build,” he said. “I believe within a year this technology will be within our ecosystem.”