Showing posts with label credit card purchases online purchases. Show all posts
Showing posts with label credit card purchases online purchases. Show all posts

Friday, July 4, 2014

Hospitals Are scrutinizing Patients' Credit Card Data to Predict Who Will Get Sick.

Will you be using your Wall Mart card today?

Hospitals Are scrutinizing Patients' Credit Card Data to Predict Who Will Get Sick. BloomBerg.
Imagine getting a call from your doctor if you let your gym membership lapse, make a habit of buying candy bars at the checkout counter, or begin shopping at plus-size clothing stores
For patients of Carolinas HealthCare System, which operates the largest group of medical centers in North and South Carolina, such a day could be sooner than they think. Carolinas HealthCare, which runs more than 900 care centers, including hospitals, nursing homes, doctors’ offices, and surgical centers, has begun plugging consumer data on 2 million people into algorithms designed to identify high-risk patients so that doctors can intervene before they get sick.

The company purchases the data from brokers who cull public records, store loyalty program transactions, and credit card purchases.

Information on consumer spending can provide a more complete picture than the glimpse doctors get during an office visit or through lab results, says Michael Dulin, chief clinical officer for analytics and outcomes research at Carolinas HealthCare.

The Charlotte-based hospital chain is placing its data into predictive models that give risk scores to patients.

Within two years, Dulin plans to regularly distribute those scores to doctors and nurses who can then reach out to high-risk patients and suggest changes before they fall ill. “What we are looking to find are people before they end up in trouble,” says Dulin, who is a practicing physician.Hmmm.....Time to drop these 'reward programs' and use good old cash.......oh wait i do this already :) Read the full story here.
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