Expanding precision medicine

Expanding precision medicine

Overview

Medicine today is generally based on a “one-size-fits-all” practice, and where targeted therapies are possible, they are impractical to scale.
The goal of expanding precision medicine is to provide the right treatment at the right time for every patient. Tailoring treatment starts with a highly-specific diagnosis. Based on data integrated from existing sources, adding genomics and radiomics enables a holistic understanding of the individual. These unique characteristics steer the personalization of treatment.
A precise understanding of a patient’s condition is the most-effective approach to deliver outcomes favorable to all stakeholders.

Dr. Larry Chu, a Stanford professor who advised President Barack Obama on the Precision Medicine Initiative announced in 2015
4 pillars of ‘Expanding precision medicine’Improve diagnostic accuracyReduce unwarranted variationsPersonalize when it mattersAdvance therapy outcomes
  1. High quality imaging and laboratory results. Rich patient insights at the point of decision.
  2. Diagnostic consistency through patient adaptation, automation and assisted decision making.
  3. Personalized care leveraging “omics”, imaging and laboratory data integration and insights.
  4. Effective risk stratification and triaging, and image guided minimally invasive therapies.

Key document

Harvard Business Review: The Path to Higher-Value Care

Healthcare providers around the world can unlock the power of precision medicine for better care and lower costs. Harvard Business Review Analytics Services (HBR) published a whitepaper for healthcare leaders on how to expand precision medicine and scale it up to an organizational level.

More material on ‘Expanding precision medicine’

More insights

Leading healthcare executives thinking big about healthcare transformation. Forward-thinking ideas and best-practice sharing.

Executive Summit

Global Leader Exchange on High-Value Care

Together with Harvard Business Review Analytic services we explore the numbers behind the challenges and trends in healthcare.

Download the latest

Explore them all

Actionable insights from thought leaders and change makers in the healthcare industry. Our Siemens Healthineers Insights series.

Download the latest

Explore them all