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Slide Presentation: Patient Data Sharing–NOT Hoarding–is the New Normal

by Leslie Kelly Hall and Vince Kuraitis

Looking in the rear view mirror, many healthcare providers have viewed patient data as “their asset”, something to be controlled–not shared.

In a previous THCB article, we described 7 reasons why hoarding is a poor business strategy:

  1. Data Hoarding Doesn’t Work — It Doesn’t Lock-In Patients or Build Affinity
  2. Convenience is King in Patient Selection of Providers
  3. Loyalty is Declining, Shopping is Increasing
  4. Providers Have a Decreasingly Small “Share” of Patient Data
  5. Providers Don’t Want to Become a Lightning Rod in the “Techlash” Backlash
  6. Hoarding Works Against Public Policy and the Law
  7. Providers, Don’t Fly Blind with Value-Based Care

In this presentation, we recap, update, and extend our rationale. We’ll also take a view out the windshield, explaining why generous data sharing is a highly leveraged clinical and business strategy.

This is the opening presentation of the AIN virtual conference: Health Data Unbound — Innovations in Health Data Sharing. This conference is from November 10-12, 2020 — and if you register you’ll have 60 days of access to all the session recordings.

Click here to view and/or download the presentation and speaker notes.

This work is licensed under a Creative Commons Attribution-Share Alike 3.0 Unported License. Feel free to republish this post with attribution.