Expanding precision medicine
Overview
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." Dr. Larry Chu, a Stanford professor who advised President Barack Obama on the Precision Medicine Initiative announced in 2015
What can be done: 4 pillars of expanding precision medicine:
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 cost. Harvard Business Review Analytics Services (HBR) published a new whitepaper for executives and leaders in healthcare on how to expand precision medicine and scale it up to an organizational level.
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