Federal CTO Aneesh Chopra On Investments
Chopra, speaking on stage at the Web 2.0 Summit in San Francisco with O'Reilly Media CEO Tim O'Reilly, said that one of the biggest problems with healthcare in the United States is that there's little true sense of effectiveness of treatment. This year's American Recovery and Reinvestment Act -- the economic stimulus package -- includes $1.1 billion to help the federal government invest in comparative effectiveness research, with a chunk of that money going to build the necessary data infrastructure.
"If you look at the retail sector, we have almost perfect market intelligence about point-of-sale transactions across Wal-Mart, so they have sophisticated algorithms to say exactly what they should be doing to optimize sales based on customer behavior," he said. By comparison, "only 3% of the nation's cancer patients are enrolled in a clinical trial that allows them to actually have that clinical trial be mined by researchers."
To read more, see Web 2.0 Summit: Fed CTO Talks Healthcare IT.
Intel On Its GE Partnership
Also at the Web 2.0 Summit, Intel CEO Paul Otellini took the stage for an interview with Summit program chair and Federated Media founder John Battelle. During the discussion, Otellini expressed confidence in the market for healthcare IT, noting that Intel has partnered with GE to focus on home healthcare. "Let's keep people [in need of medical treatment] at home longer," he said, noting that home care represents the lowest cost to society. "We're developing a family of devices to allow that," he said, citing video conferencing and intelligent medication systems as examples.
Healthcare, he added, needs to shift from a centralized model to a distributed one.
To read more, see Web 2.0 Summit: Intel CEO Expects PC Sales Surge.
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