Promptly Health, an emerging provider of European real-world data access, and Datavant, the leader in securely connecting health data, have announced a collaboration to address the challenges of a fragmented health data landscape in Europe.
The healthcare ecosystem presents challenges to effective data sharing, with organisations seeking simpler methods collaboration, but their data is often scattered across various healthcare contexts and databases.
The European Health Data Space, provisionally approved on 15 March 2024, aims to address these issues. This new EU regulation aims to empower individuals to control their health data, support the use of health data to improve health delivery, research, innovation and policy making, and enables the EU to fully utilise the potential of safe and secure health data exchange.
Promptly Health and Datavant will combine their strengths in data federation, harmonisation and tokenisation to enhance patient data utilisation in Europe and prepare the ecosystem for the future European Health Data Space.
The partnership will utilise Datavant’s technology, which enables the matching of de-identified patient records, and Promptly’s secure data access capabilities to transform routine medical data trapped across silos into research-grade data assets.
The two companies will provide health data stakeholders such as hospitals, biopharmaceutical companies, health insurers, regulators, and policymakers, visibility into patient populations to expand value-based care initiatives, improve risk predictability and clinical decision-making, and close care gaps. It will also generate opportunities for closer connectivity to clinical trials and life sciences projects.
Pedro Ramos, CEO at Promptly Health, said: “The combination of Promptly’s real-world data capabilities with Datavant’s leading de-identification technology marks a significant shift in the way data can be integrated into health research and innovations.
“Our Hospital Network and customers can now more easily and securely analyse their collective datasets to fill gaps in patient care, reduce costs, and speed time to insight, while in full compliance with data privacy requirements in Europe.”
The organisations will start their collaboration in Iberia, with the ambition to later expand to the UK and Sweden, where Promptly continues to scale its Hospital Partner Network.
General Manager, Europe and UK at Datavant, Devin Gilliam, added: “Datavant’s tokenisation capabilities were crucial for real-world data companies scaling up in the US market, as it provided access to a broader data reach.
“As the data ecosystem expands throughout Europe, it’s vital for us to partner with leading European companies like Promptly to provide our customers with access to global data.”
In February, it was announced that NHS Wales had selected Promptly Health as its technological partner for a nationwide initiative managing the collection and harmonisation of patient-centred outcomes data.