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News

OMNY Health Launches Platform to Accelerate Life-Changing Innovations through Data-Driven Insights

Connects data from hospitals, health systems, specialty medical groups with life sciences researchers 

ATLANTA, May 6, 2021 /PRNewswire/ — OMNY Health (OMNY Inc.) today announced commercial availability of the OMNY Health Platform™,  a healthcare data-sharing solution that accelerates innovation by connecting the healthcare ecosystem with opportunities to connect anonymized data with researchers from life sciences organizations. Platform clients can use this data to develop new therapies, enhance treatment availability, and measure effectiveness.

The use of anonymized real-world treatment data to support life sciences companies’ decision-making across healthcare is not new. It is, however, often done without the direct involvement of healthcare providers — the originators of the information. The OMNY Health Platform offers provider organizations of all sizes the ability to participate in data-sharing partnerships with life sciences organizations to support research activities in an efficient and compliant manner.

“As a healthcare executive focused on patient safety and quality, I was often frustrated with our inability to efficiently partner with life sciences companies to help address patients’ treatment challenges and understand unmet needs,” said Mitesh Rao MD, CEO and Founder of OMNY Health. “OMNY Health provides a trusted, compliant solution for patients and providers to build transparent and secure data-driven relationships at scale and with minimal effort.”

The OMNY Health Platform centers on de-identified, normalized electronic health record data, enhanced with tokens that support links across the data ecosystem, all while preserving patient anonymity.  A diverse set of hospitals, health systems, and specialty provider organizations have already agreed to join the network, representing care delivered in more than 39 states and more than 10 million patient lives.

The platform contains more than 100 pre-packaged searchable and downloadable data offerings, aligned to strategic therapeutic areas, drug classes, and procedure groups.  The direct-from-source data on the platform cover both inpatient and outpatient care and all payer types. OMNY can also provide custom data cuts and analyses for life sciences researchers.  Insights from these data can help better understand unmet patient needs, design more efficient clinical trials, and inform strategies to address challenges in access to care.

The number of organizations opting to participate on the data sharing platform is rapidly growing, as are the types of data being made available.

“We focused on creating a flexible, scalable architecture that supports the diverse set of data needed by life sciences organizations to meet multiple use cases across the value chain, and one that could easily integrate into their workflows,” said Sean O’Brien, co-founder and Chief Technology Officer at OMNY.  “Time and budget constraints can hinder life sciences companies from getting the information needed for faster, more-effective decision-making.  Our platform specifically addresses these challenges.”

Solution demonstrations and studies showcasing the diverse data available via the OMNY Health Platform are scheduled to be presented during a variety of events this summer, including ISPOR, DIA, and ICPE.

About OMNY Health OMNY Health connects patients, providers, and life sciences companies through data and insights to accelerate life-changing innovation.  Our easy-to-use, secure platform enables life sciences organizations to engage in collaborative data and research partnerships efficiently, compliantly, and at scale.

The team at OMNY Health imagines a future of patient-centered and evidence-based care. We’ll achieve that mission through a seamless workflow of analysis-to-insight-to-decision-making based on a connected ecosystem of healthcare data and collaboration across the healthcare ecosystem.   

For more information visit www.marketing-dev.omnyhealth.com or e-mail:lifesciences@omnyhealth.com.

View full press release

Categories
Product

OMNY Health’s Provider Leadership Council

OMNY Health™ is establishing a new Provider Leadership Council (PLC), comprised of executives from leading health systems and specialty networks interested in collaborating on opportunities to leverage real-world data and evidence to address the strategic imperatives facing the U.S. healthcare system.

The intent of the PLC is grounded in our vision for OMNY Health – to support providers in extracting value from their real-world data assets that frequently reside across disparate, fragmented information systems.  

We are inviting health system executives from large integrated networks and specialty medical groups to join us and help drive better evidence-based decisions across the industry. 

We believe this initiative will help health systems who are looking to address issues such as health equity, value-based care reimbursement, adapting to telemedicine/telehealth, as well as enabling patient-centered care initiatives.  Data and analytics will play a critical role in planning, executing, and evaluating the impact of approaches focused on tackling these challenges. 

The benefits of participating in the Provider Leadership Council include:

  • Early access to new features and functionality on the OMNY Health Platform
  • Opportunities to collaborate with OMNY Health on product strategy initiatives
  • Research initiatives to drive additional clinical research opportunities to provider institutions
  • Access to cutting edge technology such as AI and blockchain
  • Networking opportunities with opinion leaders and industry experts

OMNY Health plans to kick off the PLC in March 2021 (updated).  If you are a health system leader who would like to get involved or simply learn more, please contact us today.

Categories
News

OMNY Health™ Debuts at Health 2.0 Launch!

Eight new digital companies took the stage at Health 2.0’s Annual Conference in San Francisco on September 20, 2019 to give the first public demos of their products for the show’s annual “Launch!” event.

OMNY Health™, which aims to disrupt data sharing and give providers more control over the data they sell, took home the audience vote and the $5,000 grand prize. All eight companies boasted interesting ideas and impressive accomplishments so far, and we are honored to be in their company.

To read more, please visit mobihealthnews.com.

Categories
News

HealthTech Arkansas Names Six Startups to Cohort

HealthTech Arkansas named six startup companies, including OMNY Health™, for its second cohort on August 6th, 2019. HealthTech is an accelerator program for healthcare technology startup firms that will collaborate with nine healthcare providers in Arkansas.

The six companies were selected from hundreds of applicants across 18 different countries and are headquartered in innovation capitals like San Francisco, New York, Boston, San Diego, and Seattle. According to HealthTech leaders, the six companies already have 177 full-time employees and have raised over $90 million of external capital after forming the companies.

To read more, please visit talkbusiness.net.

Categories
Editorial

The Road to Recovery for Hospitals

Most health system executives will agree: this pandemic has made an already tough situation worse. According to a 2018 BCG report, around 50% of US hospital capacity had a negative operating margin. Health systems were facing financial insecurity long before COVID-19, mainly from the twin pressures of declining reimbursement rates and rising operating costs.

Unfortunately, the end of the pandemic might not mean the end to providers’ financial problems. With elective surgeries postponed during COVID-19, revenue projections for this year have dropped sharply; there are estimates that about 25% of rural hospitals are at risk of closing due to financial strain. To simply stay solvent, many hospitals have found themselves faced with the decision to lay off front-line workers at a time when they are needed the most.

As the country begins to normalize and we begin exiting our first post COVID-19 peak, leaders at hospitals will have to start facing some tough decisions. The stimulus bills passed by Congress have helped, but not enough, and at best hospitals will currently recover only a fraction of the costs they have incurred. Based on recent figures from the American Hospital Association hospitals stand to collectively lose $202.6 billion through June. Last month (April 2020) has been one of the worst on record for hospital finances: operating margins plummeted almost 300% compared to the same period last year. The solutions for hospitals in the past have always been operations focused: opportunities around system efficiencies, revenue cycle management, and value-based care to improve cost-savings. New challenges require new approaches, and we at OMNY Health™ feel there is an important untapped channel to explore: leveraging data to create new opportunities for healthcare systems.

Over the past two years, our team at OMNY Health have worked with some of the largest health systems in the country to operationalize their data assets and drive new innovations in the life sciences space. In partnership with our team, these providers have taken control of their data’s destiny via our secure, compliant, and friction-less platform. Via OMNY, our health system partners have turned their latent data assets into a means to support patient care and clinical innovation. In this current crisis, every healthcare organization needs to explore new options to stabilize their future – our nation’s health care infrastructure depends on it.