Two megatrends are locking in: Massive incentive change and information liberation, says Todd Park, CTO of the US Department of Health and Human Services. The federal programs must lead the way in changing from fee-for-service to incentives for value in healthcare.
Medicare, Medicaid, and the Veteran's Administration represent the largest repository of public health data in the world. More information about the public health, stripped of personal identification, is being made available so that innovators can use it to learn more about public health, and create health-maximizing options.
Private insurers adopt the same pay structure as the federal programs, therefore, HHS must be the one to initiate more efficient means of delivering, and charging for, health value.
Park identifies three parts to data liberation in the healthcare industry: 1) Patient data liquidity -- including making records available to the patients themselves; 2) market transparency -- listing benefits and pricing of every public and private insurance plan available in the U.S. through healthcare.gov; and 3) a health data initiative to let people know what data is available on the population at large, and releasing it for anyone's use. Some private innovations from this data release include Asthmapolis, which helps people control their asthma, and iTriage.
Coordination of service, identification of gaps, methods of efficiency developed in industries outside of healthcare need to be brought in to rework the healthcare industry, according to Park.
Todd Park, CTO of the U.S. Department of Health and Human Services since August 2009, is responsible for helping HHS leadership harness the power of data, technology, and innovation to improve the health of the nation. Mr. Park co-founded Athenahealth in 1997 and co-led its development over the following decade. Prior to Athenahealth, he served as a management consultant with Booz Allen & Hamilton, focusing on health care strategy, technology, and operations. Mr. Park has also served in a volunteer capacity as a Senior Fellow at the Center for American Progress, where he focused on health IT and health reform policy, and as senior health care advisor to Ashoka, a leading global incubator of social entrepreneurs.
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This free podcast is from our The Future of Health Care series.