Vestrum Health Announces Launch of Nation's First Retina Specialty Patient Database
Vestrum Health's Retina Research Database will provide cultural shift in physicians' ability to capture full value of electronic health record data.
Online, September 30, 2013 (Newswire.com) - Vestrum Health, a healthcare data company, announced today the launch of the Vestrum Retina Research Database. Through the Retina Research Database, Vestrum Health provides retina specialists with the opportunity to unlock the full value of their Electronic Health Record (EHR) data by providing benefits including a passive revenue stream as well as analytic and research capabilities.
"Historically, the healthcare data industry has capitalized on physician-generated information through the sale of prescription data, claims data, and EHR data. For the first time, physicians have the opportunity to obtain a royalty payment when their clinical data is sold," said David F. Williams, MD, MBA, co-founder of Vestrum Health.
The Vestrum Health platform can interface with any EHR software and there are no fees for physician participation. EHR data from participating retina specialists is securely uploaded to Vestrum Health servers, where it is converted into a standardized format by Vestrum's proprietary technology. It is then de-identified and aggregated with data from other practices. Utilizing a patent-pending process, Vestrum Health provides physicians with the ability to control how their data is utilized, including options for commercialization, benchmarking, and research.
For physicians wishing to have their EHR data commercialized, Vestrum Health actively markets and sells their de-identified and aggregated data to industry and pays physicians a royalty.
About Vestrum Health, LLC:
Vestrum Health was founded in 2012 to provide physicians with the opportunity to unlock the value of their EHR data. The company's innovative and patent-pending technology platform facilitates the aggregation and de-identification of EHR data for clinical research, analytics and commercialization.
Contact Information
For any questions, Nadeem Ahmad, Director of Operations for Vestrum Health, can be reached at nahmad@vestrumhealth.com.