RTI International's Strategic Investments in Healthcare Technology Firms b.well Connected Health and BEKhealth
RTI International's Healthcare Partnerships and Investments
In a significant move to enhance the intersection of technology and healthcare, RTI International, a renowned nonprofit research institute, has unveiled two essential collaborations and equity investments with b.well Connected Health and BEKhealth. This strategic initiative emphasizes the role of technology in improving patient outcomes and streamlining healthcare processes.
Overview of the Partnerships
b.well Connected Health is recognized for its innovative digital platform, which utilizes Fast Healthcare Interoperability Resources (FHIR) to consolidate fragmented healthcare data. This platform offers customized digital experiences, allowing patients to navigate their healthcare needs more effectively. On the other hand, BEKhealth employs artificial intelligence for chart abstraction and patient matching. By integrating electronic health records (EHR), BEKhealth optimizes participant identification for clinical research, ensuring that studies can recruit qualified individuals swiftly and efficiently.
The core objective of these alliances is to optimize patient outcomes by harnessing technology and data-driven insights, aligning with RTI Health Solutions' overarching mission. Chris Simmons, Senior Vice President and leader of RTI Health Solutions, articulated that these investments represent not just financial backing, but the creation of partnerships designed to foster innovation and added value within the healthcare sector both domestically and internationally. This statement reflects RTI's commitment to being at the forefront of healthcare advancements through collaboration.
Advancing Patient-Centered Research
Kelly Hollis, Senior Vice President for patient-centered outcomes research at RTI Health Solutions, emphasized that these technological investments facilitate the efficient identification of suitable patients and provide a profound understanding of the patient experience. By connecting real-world data with insights directly from patients, RTI aims to generate comprehensive evidence that informs healthcare decisions, enhancing the overall effectiveness of patient care.
The integration of such digital platforms can produce numerous benefits, including:
1. Creation of Longitudinal Data Assets: By aggregating extensive data, RTI will develop valuable insights over time.
2. Accelerated Study Timelines: Efficient patient recruitment will lead to quicker study completions, ensuring timely dissemination of findings.
3. Cost Efficiencies: Streamlined processes and intelligent matching will undoubtedly lower operational costs in client engagements.
4. Innovative Study Designs: The ability to leverage real-time data will pave the way for new, cutting-edge research methodologies.
Industry Insights and Future Prospects
Both b.well and BEKhealth are pivotal in streamlining the healthcare research landscape. Kristen Valdes, CEO of b.well, pointed out how recent regulations have empowered consumers to access their medical data. This paradigm shift aligns with RTI's vision to expedite research recruitment processes and ensure broader representation in studies. By granting consumers control over their health data, the partnership is poised to foster a more consumer-driven approach to healthcare research.
David Levin, CEO of BEKhealth, expressed enthusiasm regarding leveraging AI technologies to enhance the patient recruitment process, marking RTI as an optimal research ally.
Conclusion
RTI International's collaborations with b.well Connected Health and BEKhealth signify a vital progression in the healthcare domain, focusing on integrated, consumer-led solutions that enhance patient-centric research. As RTI Health Solutions continues to bolster its portfolio through strategic partnerships, the focus remains on harnessing technological advancements to create tangible improvements in clinical outcomes and healthcare decision-making processes. With a multidisciplinary approach, RTI is poised to make significant strides towards a more efficient and effective healthcare system that prioritizes patient needs and experiences.