WALTHAM, Mass.–(BUSINESS WIRE)–Wolters Kluwer, Health announced today a partnership with SAS to leverage its Health Language portfolio of data quality solutions to power real-world evidence (RWE) analytics within SAS® Health, a leading industry analytics solution. The integration of Wolters Kluwer Health Language data quality solutions in SAS Health allows the harmonization of information aggregated from an array of real-world sources and establishes a foundation of regulatory-grade data quality to drive the use of RWE in life sciences. Learn more at HIMSS20 in Orlando at the Wolters Kluwer booth #3159.
According to Research and Markets, the RWE market is expected to reach $1.64 billion by 2024. This is due to its potential for improving the understanding of treatment effects, disease burden, patient safety and indications for use, as well as accelerating and optimizing clinical trials. Derived from real-world data sources such as electronic health records (EHRs), patient disease registries, wearables, genomic datasets, medical claims registries and social determinants of health (SDOH), RWE depends on clean data codified to industry standards for analytics.
“The pharmaceutical industry has prioritized use of real-world evidence for current and future strategic initiatives, yet access to credible, high-quality data obtained from non-traditional, real-world sources remains a roadblock to realizing the full value of these deeper insights,” said Gail Stephens, Vice President for Health and Life Sciences Research and Development at SAS. “Through our collaboration with Wolters Kluwer, SAS is establishing a complete data quality ecosystem within our platform that will give our customers a competitive edge in the marketplace.”
Wolters Kluwer’s Health Language solution provides a comprehensive approach to improving the quality of real-world data for the life sciences sector. Through a disease-centric approach, Health Language will enable SAS Health’s clients to more effectively manage reference data, such as ICD-10, CPT® and SNOMED CT, establish relationships between clinical and claims data and extract value from unstructured text within the medical record–providing a comprehensive view of a patient’s clinical journey. The Health Language team combines unmatched industry expertise with advanced terminology tools and proven results, helping clients accelerate the time-to-insights by transforming real-world data into evidence.
“The growing demand for real-world evidence has led the pharmaceutical industry to seek novel and streamlined methods to bring together and clean claims, clinical, patient-generated and SDOH data to establish a true 360-degree view of the patient,” said Karen Kobelski, Vice President and General Manager, Clinical Surveillance, Compliance & Data Solutions at Wolters Kluwer, Health. “We are excited to join forces with SAS to advance the potential of real-world evidence across the continuum of care to improve the visibility and performance of drugs and therapies in the market.”
About Wolters Kluwer
Wolters Kluwer N.V. (AEX: WKL) is a global provider of professional information, software solutions, and services for physicians, nurses, accountants, lawyers, tax specialists, and finance, audit, compliance, and regulatory sectors.
The company provides expert solutions – a combination of deep domain knowledge with specialized technology and services – that help professionals navigate change, solve complex problems, and deliver impact in their respective fields.
Headquartered in Alphen aan den Rijn, the Netherlands, Wolters Kluwer holds market-leading positions in 40 countries globally, represents customers across 180 countries and employs 18,600 people worldwide. In 2018, it reported annual revenues of €4.3 billion.
Wolters Kluwer provides trusted clinical technology and evidence-based solutions that engage clinicians, patients, researchers and students with advanced clinical decision support, learning and research and clinical intelligence. For more information about our solutions, visit http://healthclarity.wolterskluwer.com and follow us on LinkedIn and Twitter @WKHealth.