Ditch the fax machine: Liberating health data to drive transformation w/ Troy Bannister
Historically, the ability to share healthcare data quickly, efficiently, and effectively has been hampered by the industry’s slow movement to adopt new technologies.
Over the past two decades, data collection was streamlined, cleaned up, and then shared with lightning speed - from banking to fitness, but in healthcare, it was still being done through fax machines.
So, when the 21st Century Cures Act was passed in 2016, and the biggest hurdle to health information access was removed, Troy Bannister saw an opportunity to leverage the same capabilities being utilized in other industries and apply them to healthcare.
Because healthcare can be a hard industry in which to launch new technologies, Troy knew he’d need to be persistent and ready for the marathon. So he trained for the long haul.
If you’ve ever wondered what it might look like to build, commercialize, launch, and scale a tech-based solution within the healthcare field, you might want to get comfortable and tune in to this week’s episode.
From inception to finding the right customers, it’s all here and, just like the data his solution gathers and shares, Troy was ready to share his experiences with our listeners!
Here are the show highlights:
The evolution of health data access (1:59)
Liberating health data (5:01)
How connected data is better data (9:53)
Does AI have a future role in risk management? (11:53)
The holy grail of strategic partnership (19:10)
Integrating consumer data with healthcare data (23:14)
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Guest Bio
Troy Bannister is the Founder and CEO at Particle Health, a company aimed at making healthcare data access easy to leverage - improving outcomes across the healthcare continuum.
Troy has over a decade of experience in the healthcare field including working as an EMT, a clinical researcher, and also as an investor & entrepreneur.
His focus on disruptive technologies, healthcare regulation, and innovative healthcare models led to the founding of Particle Health.
Troy earned his MS in Physiology and Biophysics from Georgetown University, his BS in Biology and Physiology from the University of Washington, and Certification as an Emergency Medical Technician from North Seattle College.
If you would like to reach out to Troy, you can find him on LinkedIn at @Troy Bannister, or if you would like to learn more about Particle Health, visit their website at ParticleHealth.com.