Industrytap.com billionaire developing-smart_grid_for_medical_information

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Recently, he began investing $1 billion of his fortune to create a smart grid of medical information that will revolutionize the way doctors deliver and patients receive medical care.

According to reports, a group of high tech and healthcare companies have been organized to accelerate genetic analysis of patient tumors from the current 8 to 10 weeks to just 47 seconds. Additional advancements will include new healthcare delivery, new payment models and evidence-based treatments and outcomes.

David lives in the North End of Boston, Massachusetts, and regularly visits MIT, Harvard, Boston University, Northeastern, Boston's leading companies and labs, the stacks at Boston Atheneaum and Boston Public Library to uncover and research story ideas.

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Industrytap.com billionaire developing-smart_grid_for_medical_information

  1. 1. indust ryt ap.co m http://www.industrytap.co m/billio naire-develo ping-smart-grid-medical-info rmatio n/17200 Billionaire Developing Smart Grid For Medical Information DNA Database Will Be at Center of Diagnosis and Treatment Dr. Soon-Shiong, born in South Af rica to Chinese immigrants, now lives in Los Angeles, Calif ornia and is on Forbes’ list of billionaires with a net worth of $4 billion. Recently, he began investing $1 billion of his f ortune to create a smart grid of medical inf ormation that will revolutionize the way doctors deliver and patients receive medical care. A new supercomputer-based network will allow doctors to use genome sequencing to treat illnesses such as cancer, Alzheimers, you name it. Shiong is Chairman of the Institute f or Advanced Health, Chairman of the Healthcare Transf ormation Institute, f ounder of the National Coalition f or Health Integration and has invested in over 10 companies to try to make his vision a reality, including: Dossia – personal health records developer Intel – data & storage Toumaz – remote patient monitoring experts Verizon – communications Vitality – a maker of Glow Caps, which remind patients to take their medications Vodaphone – mobile health services
  2. 2. According to reports, a group of high tech and healthcare companies have been organized to accelerate genetic analysis of patient tumors f rom the current 8 to 10 weeks to just 47 seconds. Additional advancements will include new healthcare delivery, new payment models and evidence-based treatments and outcomes. Making Medical Data Sharing Smarter Shiong is cobbling together existing networks, including the National Lambda Rail, which connects research institutions, NASA and academic centers throughout the United States and genome sequencing centers, data centers and supercomputers. David Schilling David lives in the North End of Boston, Massachusetts, and regularly visits MIT, Harvard, Boston University, Northeastern, Boston’s leading companies and labs, the stacks at Boston Atheneaum and Boston Public Library to uncover and research story ideas. You can also f ind David on Google+.

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