Healthcare today is evolving into precision medicine, or what the FDA refers to as personalized medicine. To stay competitive in the constantly shifting healthcare landscape, organizations across the healthcare ecosystem must embrace this targeted approach and leverage the tools needed to make safe decisions for their patients or populations. By unlocking insights provided from advanced claims data, precision medicine can assist clinicians, thereby reducing their educated guesses, improving patient outcomes, and making more informed decisions.
Why the hype around precision medicine?
Leading pharmaceutical companies, including AstraZeneca, refer to precision medicine as “a critical approach to drug discovery”, and Genentech “from its inception has been focused on the adoption and utility of biomarker testing, which are some of today’s most urgent barriers to personalized cancer care.” Yet despite the promise in that area, the door to biomarker testing is not open or available to all patients. This could be due to a myriad of factors including but not limited to access.
Before diving into a deeper analysis of patient access, we ask ourselves the following questions:
By leveraging healthcare claims data with advanced analytics applied to the claims, the end user will be able to determine what communities have access to biomarker testing.
Solving for Access
At PurpleLab®, we created a crosswalk (mapping) that leveraged laboratory testing codes from Quest Diagnostics and LabCorp and mapped them to CPT4 codes. The clinical team at PurpleLab reviewed 100+ biomarkers from the FDA, linking them to the appropriate medications that the biomarkers target based on diagnosis (ICD10CM) and procedure (CPT4). For example, the biomarker MET, which has relevance in non-small cell lung cancer (NSCLC), was mapped to the appropriate codes for the corresponding medication treatment. This unique classification system allows clinicians to make appropriate decisions regarding the treatment for NSCLC.
Precision Medicine allows organizations to:
Precision Medicine allows Plans to:
Precision Medicine allows organizations to: