UnitedHealth and the Mayo Clinic ink a pact to merge insurance and medical data to improve or standardize care and lower healthcare costs.
UnitedHealth Group, the largest American health insurer, and the Mayo Clinic are joing up to merge insurance records and medical data to help standardize care and lower costs.
The initiative, including a Mayo/Optum Labs venture announced earlier this week, aims to optimize treatments like hip replacements or medication compliance, according to Veronique Roger, head of Mayo's Center for the Science of Health Delivery.
"Every doctor, every nurse, every academic medical center wants only to do the right thing for their patients," May CEO John Noseworthy said, according to a Bloomberg report.
UnitedHealth Group CEO Stephen Hemsley said another goal is to create "a neutral place to conduct research" with partners across the healthcare industry and publish the results, the Wall Street Journal reported.
The Optum/Mayo Clinic joint venture, Optum Labs, is looking to improve the quality of long-term patient care.
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