The Boston Consulting Group healthcare data report

The Boston Consulting Group has published a report on ‘unlocking the value of healthcare data’, which unveils the public support for it, when used securely

The Boston Consulting Group Centre for Growth has published a report, ‘Towards a healthier, wealthier UK: unlocking the value of healthcare data’, which explores leveraging healthcare data for success. The report also examines how the UK can utilise healthcare data to support wider society, in particular, the economy and the healthcare system.


Healthcare data must work for healthcare systems

Boston Consulting Group has maintained that in order to secure public support for healthcare data, the public must see it reinvested into the healthcare system.

For example, a Dutch network of seven education hospitals was able to reduce inpatient stays by 30%, through the implementation of a value-based health care approach with the right metrics to improve outcomes, before it began to share data across the hospitals.

The report found that:

  • 90% of people were willing to share their data with the NHS ‘for any purpose’ 
  • 73% supported their healthcare data being used to help understand their likelihood of illness
  • 72% were happy for it to be used to enable improvements in clinical care processes.

Results showed that public support for this was dependent on how that data would be used, with understanding diseases and clinical trials coming out top.

Used correctly, healthcare data can improve the health of the country, but trust is essential

The Boston Consulting Group report shared its recommendations on how the value of healthcare data can be realised:

  • In order to increase public support, detail the outcomes from specific use cases of making healthcare data more accessible 
  • Launch a joined up public engagement campaign across all healthcare data projects
  • Make sure that the public has a say in the decision-making process through public decision panels and data usage registers
  • Create a central fund to increase value captured in local healthcare systems.

“If used correctly, healthcare data can improve both the health and wealth of the UK,” said Lord O’Shaughnessy, founder of Newmarket Strategy. “That can only happen if there’s a bedrock public trust, and the best way to achieve that is through a nationwide, comprehensive and dynamic process of public deliberation and decision-making.

“As BCG’s report and survey highlight, when people are engaged on the detail of health data usage they’re often more supportive than is assumed, but – quite rightly – they want to be involved in setting strategy.”

 

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Other magazines that may be of interest - Manufacturing Magazine.

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