SOURCE: MedRed LLC

November 12, 2013 09:00 ET

MedRed and BT Invited to Launch New Big Data Health Initiative at White House Event

Companies to Unveil the MedRed BT Health Cloud, a Project to Create One of the World's Largest Open Health Data Repositories in Order to Help Improve Quality Care, Enhance Patient Safety, and Speed Development of Innovative Drugs and Medical Technologies

WASHINGTON, DC--(Marketwired - Nov 12, 2013) - Leaders from MedRed and BT have been invited by the White House Office of Science and Technology Policy to unveil their new collaboration, the MedRed BT Health Cloud (MBHC), at "Data to Knowledge to Action: Building New Partnerships," an event being held at the Ronald Reagan Building 1300 Pennsylvania Ave NW in Washington, DC, on November 12, 2013.

MBHC is a multiyear, transatlantic effort to make available one of the largest open health data repositories in the world. It has been recognized by the Obama Administration as a high-impact collaboration that supports the Big Data Research and Development Initiative.

"MedRed is honored that our collaboration with BT has been recognized," said Dr. William Kennedy Smith, CEO of MedRed. "Our goal is to take data that resides in disparate systems and make the necessary connections so that it can be transformed into knowledge and action. We believe such transformation benefits a wide variety of stakeholders across the healthcare spectrum."

Designed to meet the unique needs of the life sciences and healthcare industries, the MedRed BT Health Cloud is enhancing integration of U.S. public data sets -- such as adverse event reporting data from the U.S. Food and Drug Administration and recently released Medicare data from the Centers for Medicare and Medicaid Services -- with data from the UK's National Healthcare Service (NHS) and other healthcare systems.

Data currently available through the system includes several years of de-identified population health data from England, Scotland and Wales, as well as hundreds of other U.K. and data sources. It features data such as physician encounters, acute care interventions, pharmacy history, and health outcomes data. Integration of this data with U.S. data and the addition of advanced analytics hold great potential to help speed the development of products and practices that will advance healthcare and improve the health and well-being of people around the world.

"BT has long been a leader in managing health data internationally," said Ryan Lehman of BT Global Services. "The MedRed BT Health Cloud is a natural way for us to use our expertise to contribute to quality healthcare and enhanced well-being here in the U.S. We are grateful that our work has been highlighted by the Obama Administration as a high-impact collaboration."

Based on the BT Cloud Compute platform, a beta version of MBHC is already being used by pharmaceutical companies and universities to help develop new drugs, identify new indications for existing therapies, correlate outcomes, examine comparative effectiveness, and establish best care practices. The parties are engaged in ongoing development of the MBHC capabilities and data sets with a number of additional releases scheduled for the coming year.

Parties interested in MedRed BT Health Cloud Beta demonstrations, sales or project partnership opportunities should contact Marina Kiefer at: mkiefer@medred.com for more information.

About MedRed

MedRed, LLC (www.medred.com) specializes in innovative, high quality, informatics software for healthcare providers and patients. The company proudly serves both government and commercial markets and its clinical tools are used to help manage every day and emergency healthcare challenges in a variety of settings. MedRed's state of the art technologies ensure patient confidentiality, provide accurate medical information and deliver timely clinical decision support at the point of care.

MedRed's patent pending Balto framework allows patients and healthcare providers to capture and access the most accurate and up-to-date medical data and knowledge. In 2013 MedRed's Health eTime application, co-developed with BT, won the VA 21st Century Medical Scheduling Contest. Previously, in 2010, MedRed's TBI Toolbox application was selected as a winner of the Department of Veterans Affairs Industry Innovation Competition.

About BT

BT is one of the world's leading providers of communications services and solutions, serving customers in more than 170 countries. Its principal activities include the provision of networked IT services globally; local, national and international telecommunications services to its customers for use at home, at work and on the move; broadband and internet products and services and converged fixed/mobile products and services. BT consists principally of four lines of business: BT Global Services, BT Retail, BT Wholesale and Openreach.

For the year ended 31 March 2013, BT Group's reported revenue was £18,103m with reported profit before taxation of £2,315m.

British Telecommunications plc (BT) is a wholly-owned subsidiary of BT Group plc and encompasses virtually all businesses and assets of the BT Group. BT Group plc is listed on stock exchanges in London and New York. For more information, visit www.btplc.com.

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