Medicine today is generally based on a “one-size-fits-all” practice, and where targeted therapies are possible, it is 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 without unwarranted variation. 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.
"I think precision medicine means precisely diagnosing conditions, then integrating all relevant patient data and insights to guide care to the best outcomes. It is about providing the right treatment to the right patient at the right time."
Professor and Executive Director of Stanford Medicine X
"That idea that we are going to migrate over time to truly individualize diagnostic and therapeutic service to the patient would be quality, safety and convenience."
John D. Halamka
"A minimum of 30% and probably over 50% of all care delivery in the world is waste. This waste results from unwarranted variations within healthcare systems."
Professor for Public Health and Medicine
"Three approaches – standardization, personalization, and the better use of digital data – can be more effectively deployed throughout the healthcare system."
"I think, that it is finally time that we start to study what practices in medicine actually make a difference for patients - and that is what big data and data analytics gets you today."
Healthcare providers around the world can unlock the power of precision medicine for better care and lower cost. Harvard Business Review Analytics Services (HBR) published a whitepaper for executives and leaders in healthcare on how to expand precision medicine and scale it up to an organizational level.