Realising the value of healthcare data

Realising the value of health care data: a framework for the future
Ernst & Young 2019

• This report sets out a framework for the efficient and ethical use of NHS data and discusses its economic value to the NHS.
• It proposes two primary approaches to quantifying the value of data:
• A market-based approach, calculating the implied “per record” valuation multiples of comparable data assets or valuation multiples of companies with significant patient data assets
• An income-based approach, which quantifies value based on the economic benefit to be generated from the curated data set.
• "The health ecosystem is made up of multiple types of real-world data (patient-, population- and organisation-level data). Moving from siloed raw data to structured patient-level data generates unique data sets curated over time and captures longitudinal patient data combining long-term health or medical records with episodic periods of treatment. These can be analyses to generate insights and provide value to patients, providers, payers, pharmaceutical companies and the wider economy as a whole."