The Patient Safety Movement Foundation (PSMF) announced today that Baxter International Inc. (NYSE:BAX), a global medical products company, has signed the PSMF’s Open Data Pledge as the 89th company to demonstrate the importance of data sharing to improving patient safety.
Companies that have signed the PSMF’s Open Data Pledge are committed to allowing access to the data generated by their medical devices to anyone, including researchers, software engineers and entrepreneurs, that seeks to improve patient safety. By sharing data generated by their products, in accordance with applicable patient privacy laws, these companies help further the development of predictive algorithms that can notify clinicians and patients of dangerous trends and thus enable earlier interventions.
“Every day we hear more stories about hospitals wishing to use predictive algorithms to identify deteriorating patients early,” said Joe Kiani, Founder and Chairman of the Patient Safety Movement Foundation. “The greater the number of companies that sign the Open Data Pledge, the closer we’ll be to creating a patient data superhighway that will help create predictive algorithms and decision support tools to help hospitals reach ZERO preventable patient deaths. We thank Baxter for joining this effort.”
“We signed the Open Data Pledge as part of our ongoing commitment to help transform patient care and improve patient safety,” said Sumant Ramachandra, M.D., Ph.D., senior vice president and chief scientific and technology officer, Baxter International. “Patient safety is paramount to our mission to save and sustain lives.”
The Patient Safety Movement Foundation encourages healthcare technology companies to share the data that their products are purchased for, subject to applicable patient privacy laws. They do so without disclosing any proprietary algorithms or protected data. To date, the following companies have pledged to share their data: https://psmf.org/partners/open-data-pledges/view-all-open-data-pledges/
Companies can make their pledge online at: https://psmf.org/partners/open-data-pledges/open-data-pledges-faqs/