“Lexicon gives organizations access to exponentially greater amounts of information by providing a compliant way to leverage unstructured data assets that have largely been inaccessible or underutilized.
Ottawa, Ontario (PRWEB) March 16, 2016
Privacy Analytics Inc today announced the launch of Lexicon, the world’s only software that enables organizations to safely analyze and share large volumes of health information contained in unstructured data using proven de-identification methods to mitigate privacy risks.
Demand for access to rapidly growing volumes of unstructured data is being driven by medical researchers seeking new insights, regulatory entities requiring better reporting and transparency of clinical trials results, quality improvement efforts and pay for performance reimbursement models.
Efforts to access, aggregate and share this data present serious privacy concerns. Organizations must be able to identify and extract information from unstructured data that is valuable for analysis while de-identifying the information that could expose individual patients and put their privacy at risk.
“It is estimated that 80 percent of digital information, including health data, is unstructured,” said Pamela Neely Buffone, Vice President of Product Management, Privacy Analytics. “As demand for access to all types of data increases, organizations need an automated, scalable way to responsibly share their unstructured data assets for analysis in order to gain new knowledge, derive insights and drive innovation. Redaction needs to be re-invented to support analytics and data sharing.”
Lexicon gives medical researchers and data analysts the ability to concurrently de-identify millions of records, which supports critical analyses that extract useful insights from unstructured data assets. At the same time, Lexicon gives data managers confidence in their ability to safeguard personal information and ensure regulatory compliance.
Organizations such as the National Institutes of Health (NIH) and the Ontario Brain Institute (OBI) are using Lexicon to de-identify data for analysis and secondary use. NIH currently de-identifies thousands of unstructured data records every day to allow researchers access to critical health information. OBI provides scientists and clinicians with de-identified patient information from both structured and unstructured data sources to advance critical brain research.
“Our Integrated Discovery Programs rely on the ability to collaborate among scientists, clinicians, industry representatives and patient advocacy groups,” said Francis Jeanson, Manager, Informatics & Analytics at Ontario Brain Institute. “An important part of this collaboration is data sharing. Lexicon software allows us to extract valuable information from unstructured data sources that would otherwise not be accessible.”
Lexicon allows analytic professionals to discover and de-identify personal information, including medical record numbers, credit cards, driver licenses and medical codes and redact identifying information, such as names and dates of birth, residing in multiple text formats and data sources. It extends the practice of de-identification to unstructured formats residing in electronic health records, medical device text fields or XML and other data sources, to optimize protection and coverage of data for secondary purposes. It ensures company-wide de-identification practices that are compliant with HIPAA and other legal requirements, as well as internal organizational policies and procedures governing privacy and personal information.
Lexicon’s proven de-identification methodology is compliant with regulations and globally accepted standards and guidelines, including those from the Institute of Medicine (IOM), Health Information Trust Alliance (HITRUST), PhUSE, the Council of Canadian Academies, as well as HIPAA and the EU Data Protection Directive 95/46/EC.
“Lexicon gives organizations access to exponentially greater amounts of information by providing a compliant way to leverage unstructured data assets that have largely been inaccessible or underutilized,” said Neely Buffone. “This information, both on its own or combined with structured data, can provide much greater context and richer analytic value.”
To learn more about Lexicon, visit http://www.privacy-analytics.com/software/lexicon.
About Privacy Analytics
Privacy Analytics (http://www.privacy-analytics.com) allows healthcare organizations to quickly and easily apply a risk-based responsible de-identification methodology that ensures individual privacy and legal compliance. Privacy Analytics is the only company to offer expert training, software, peer-reviewed methodology and valued-added services that protect the privacy of individuals while allowing organizations to share data for secondary purposes. Privacy Analytics customers represent half of Fortune 50 healthcare companies. Privacy Analytics’ software is compliant with regulations and globally accepted standards and guidelines, including those from the Institute of Medicine (IOM), Health Information Trust Alliance (HITRUST), PhUSE, the Council of Canadian Academies, as well as HIPAA and the EU Data Protection Directive 95/46/EC.