"The Evolution of Precision Medicine"

Transforming Patient Outcomes via Personalized & Efficient Heath Care Data

Project Launch October 2024

The evolution of what has been known primarily in the larger community as "Value Based Care" in oncology marks a significant shift from traditional fee-for-service models to a more patient-centered, data driven, approach, focusing on delivering high-quality, personalized care that optimizes outcomes while managing costs. Precision Medicine at its best.  This model prioritizes the unique needs of each patient, harnessing data-driven insights and innovative treatment strategies to ensure care is both effective and efficient. By emphasizing value over volume, this approach aims to enhance the patient experience, improve survival rates, and reduce unnecessary interventions,

transforming the landscape of cancer treatment.

"Cancer has now become the most costly disease for both commercial and government payers, surpassing all other conditions"

Employers, increasingly concerned about the rising costs of cancer care, are implementing measures like prior authorization and site-of-care management to control expenses. Community-based infusions, which are up to 10 times less expensive than hospital-based ones, are being encouraged. Oncology care providers are also taking on more financial risk through value-based care models such as pay-for-performance, capitation, and clinical pathways—similar to practices in primary care. Understanding these payment reforms is essential for physicians to remain financially sustainable.

"Incorporating data and analytics to improve care"

Enhancing the accuracy of quality metrics and the ability to access timely data, particularly at the point of care, is critical. By focusing on data-driven decision-making, physicians can more effectively target areas like chronic care, disease prevention, and population health management. This approach not only improves patient care decisions but also enhances quality performance, streamlines operations, and ensures financial accountability.

Help us define the evolving intersection of Care, Digital Platforms, and Data Science and its impact on Clinical Research

Please send your interest to ci4cc@ci4cc.org.