Labs Can Earn Revenue Through Data Analytics – December 28, 2015

By working with a healthcare data integrator, labs have an opportunity to be paid for lab data

CEO SUMMARY: There is a new buyer for lab test data, creating an opportunity for labs to build a new revenue stream. Medivo, Inc., of New York, describes itself as a healthcare data analytics company whose mission is to unlock the power of lab data to improve health. It works with clinical labs and pathology groups to de-identify and integrate lab test data. Then, in a healthcare “big data” effort, Medivo does advanced analytics in collaboration with client pharma companies and health plans.

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