Over my career in healthcare, I’ve seen dramatic changes across many areas. Today’s common practices were novel at one time, such as using antibiotics to treat infections. Similarly, what we view as barbaric today, was once cutting edge. The next frontier in healthcare is having smart business intelligence and clinical decision support (CDS) technologies that aid clinicians in making the best choices for their patients at the point of care – be it a hospital room, doctor’s office, clinic or other setting.
As life sciences companies create innovative therapies, it is incumbent upon them to demonstrate their value. It takes about 17 years for a medical advancement to become standard practice, and only about half of all recommended, evidence-based standards of care are provided to patients. This is largely due to the vast amount of information and research that clinicians must retain. In fact, a new peer-reviewed journal article, scientific study or research publication is released every 26 seconds. If a physician read and retained two of these articles every night, at the end of a year, they would still be about 1,000 years behind the current evidence.