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Big Data Creates New Opportunities for Health Care Entities

Big Data — the ability to collect, process, and interpret massive amounts of information — has reached health care.

Technology has created new business opportunities for health care entities — covered entities, business associates, and others — to use health data for financial purposes. This is true not only where the financial remuneration is for cash (e.g., the sale or marketing of a product using health data), but also in the creation of value for covered entities, their business associates, and third parties alike. Within health systems, Big Data will play a critical role in the move from volume-based care to value-based, accountable care. The ability to integrate, synthesize, and share complex health information can lead to enhanced coordination of care, potentially resulting in better health outcomes and lower costs.

Actualizing the promise of Big Data is not without its challenges — technical, institutional, operational, and legal. In many cases, the evolution of the law has not kept up with technology, resulting in a governing framework that is challenging to navigate. Foley has prepared a white paper titled Tapping Into the Big Value of Health Care Big Data: Top Legal and Regulatory Considerations on the Path to Monetization that will provide an overview of the U.S. federal and state considerations applicable to any business initiative that relies on Big Data, and provide some practical advice for those seeking to monetize Big Data in health care.

Download the white paper.

© 2021 Foley & Lardner LLPNational Law Review, Volume V, Number 61
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About this Author

Chanley Howell, Intellectual Property Attorney, Foley Law Firm
Partner

Chanley T. Howell is a partner and intellectual property lawyer with Foley & Lardner LLP, where his practice focuses on a broad range of technology law matters. He is a member of the firm's Technology Transactions & Outsourcing and Privacy, Security & Information Management Practices and the Sports and Health Care Industry Teams.

Mr. Howell represents companies in a variety of technology law areas, such as:

  • Data Privacy and Security Compliance – Counsel and advise clients with respect to compliance...

904-359-8745
Adria Warren, Health Care Attorney, Foley Law Firm
Partner

Adria E. Warren is a partner and health care lawyer with Foley & Lardner LLP. Ms. Warren’s practice focuses on advising clients with respect to mergers, acquisitions, affiliations and strategic transactions, including forming provider groups, networks, alliances, and joint ventures. She is a member of the Health Care and Technology Industry Teams as well as the Transactional & Securities, Private Equity & Venture Capital, and International Practices.

Prior to joining Foley’s Health Care Industry Team, Ms Warren was a senior counsel...

617-342-4092
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