GNS Healthcare is a healthcare analytics company, founded in 2000 and based in Kendall Square, Cambridge, MA. We focus on advancing and applying industrial-scale data analytics to empower key healthcare stakeholders to solve complex care, treatment and cost challenges. We are a multi-disciplinary group of physicists, actuaries, geneticists, engineers, business people, and computer scientists, passionate about extracting the evidence of what works in healthcare and for whom.
Scaling Knowledge Discovery in Healthcare: Why Now?
While breakthrough developments in science and technology have made GNS Healthcare’s analytics possible, important trends in healthcare have also emerged which are making them a vital capability for the changing industry landscape.
The healthcare industry is now awash in data: from biological data such as gene expression, SNPs, proteomics, metabolomics to, more recently, next-generation gene sequence data. This exponential growth in data is further fueled by the digitization of patient-level data: stored in Electronic Health Records (EHRs) and Health Information Exchanges (HIEs), enhanced with data from imaging and test results, medical and prescription claims, and personal health devices.
Advances in Science & Technology
Moore’s Law has converged with breakthroughs in next-generation machine learning. We have entered a new era where we can interpret massive sets of information at scale – directly from observational data. We are now in a position to extract the underlying cause and effect relationships in the data, which remained hidden until now.
Healthcare’s Economic Burden
The U.S. spends over $2.6 Trillion on healthcare every year, a burden that poses a serious fiscal challenge to governments, businesses, and our society as a whole. These costs include over $600 Billion of unexplained variations in treatments, which cause no differences in outcomes1. We have reached a point where our need to understand treatment effectiveness has become vital – to the healthcare industry and the health and sustainability of the economy overall.
1 The Dartmouth Atlas of Healthcare (available at www.dartmouthatlas.org)