The Benefits Of Real-World Evidence Programs For Hospital Systems
April 23, 2024
The Benefits Of Real-World Evidence Programs For Hospital Systems
Academic medical and other large hospital systems (AMCs) are, in principle, major sources of one of the most critical assets for all healthcare constituencies – real world evidence (RWE). However, they often fail to develop it, and as a result are foregoing important research, clinical and financial value.
A well-structured RWE Program can be foundational to several strategic initiatives. These include not only more accurate and targeted clinical decision-making, but also impactful research, proprietary and monetizable datasets, lower-cost and more remunerative IP development, and new funding sources.
Moreover, an RWE Program can make a material difference in driving value-based care and health equity/SDOH initiatives. It adds value to each clinical and research department of an AMC, while imposing minimal clinical burden.
The Benefits Of Real-World Evidence Programs For Hospital Systems
April 23, 2024
Academic medical and other large hospital systems (AMCs) are, in principle, major sources of one of the most critical assets for all healthcare constituencies – real world evidence (RWE). However, they often fail to develop it, and as a result are foregoing important research, clinical and financial value.
A well-structured RWE Program can be foundational to several strategic initiatives. These include not only more accurate and targeted clinical decision-making, but also impactful research, proprietary and monetizable datasets, lower-cost and more remunerative IP development, and new funding sources.
Moreover, an RWE Program can make a material difference in driving value-based care and health equity/SDOH initiatives. It adds value to each clinical and research department of an AMC, while imposing minimal clinical burden.
