Datavant
Healthcare data platform enabling secure patient data exchange
What is Datavant? Complete Overview
Datavant is a leading healthcare data platform company that enables secure patient data exchange while maintaining privacy compliance. The platform connects and enriches clinical trial data, EHRs, claims data, and other health information sources to accelerate research and improve healthcare outcomes. Datavant serves healthcare organizations, life science companies, and research institutions by providing powerful data logistic solutions that break down data silos while ensuring patient privacy through advanced tokenization technology. The platform helps organizations navigate complex regulatory environments, improve risk adjustment accuracy, and leverage real-world data for clinical research and operations.
Datavant Interface & Screenshots
Datavant Official screenshot of the tool interface
What Can Datavant Do? Key Features
Clinical Data Platform
Datavant's Clinical Data Platform enables real-time, structured clinical data acquisition for health plans and providers. The platform transforms risk adjustment and care coordination efforts by providing comprehensive patient data from multiple sources while maintaining strict privacy controls.
Tokenization Engine
The Datavant Connect tokenization engine allows secure data linkage while protecting patient privacy. Available on Snowflake Marketplace, it accelerates data processing and transformation, enabling researchers to work with connected datasets without compromising confidentiality.
Real-World Data Solutions
Datavant provides innovative solutions for utilizing real-world data (RWD) in clinical trials and research. The platform supports patient-authorized workflows and helps sponsors find fit-for-purpose data partners, enabling faster, more comprehensive research outcomes.
Risk Adjustment Support
The platform offers specialized tools for Hierarchical Condition Category (HCC) coding and risk adjustment model implementation. It helps healthcare organizations navigate regulatory changes like CMS V28 transitions while optimizing revenue stability through accurate coding practices.
Data Linkage Analytics
Datavant's data linkage capabilities provide valuable insights into information gains from combining different data sources. Research shows how linking claims data to EHRs improves diagnosis coverage and adverse event detection, though requiring careful age-stratified analyses.
Best Datavant Use Cases & Applications
Clinical Trial Optimization
Pharmaceutical companies use Datavant to securely connect and enrich trial data, improving patient recruitment and trial monitoring while maintaining privacy. The platform helps researchers access fit-for-purpose data partners and implement patient-authorized workflows.
Risk Adjustment Accuracy
Health plans leverage Datavant's Clinical Data Platform to enhance risk adjustment processes, ensuring accurate HCC coding and proper representation of patient complexity for Medicare Advantage and other value-based care programs.
Real-World Evidence Studies
Researchers utilize Datavant's linked clinical and claims databases to conduct real-world studies, such as comparing treatment effectiveness for conditions like metastatic castration-sensitive prostate cancer.
Care Coordination
Healthcare providers implement Datavant solutions to create a complete member picture by consolidating disconnected healthcare data, leading to better care coordination and improved quality scores.
How to Use Datavant: Step-by-Step Guide
Access the Datavant platform through the secure portal or integrate with existing systems like Snowflake Marketplace for tokenization services.
Configure your data connection preferences, specifying the types of health data you need to access (EHR, claims, lab results, etc.) and the required privacy controls.
Utilize the tokenization engine to securely link patient records across different data sources while maintaining privacy compliance.
Analyze the connected datasets for research, risk adjustment, or care coordination purposes using Datavant's analytics tools or export to your preferred analysis platform.
Generate reports and insights that comply with healthcare regulations, using the platform's built-in compliance features for documentation and audit trails.
Datavant Pros and Cons: Honest Review
Pros
Considerations
Is Datavant Worth It? FAQ & Reviews
Datavant uses advanced tokenization technology to de-identify patient data while allowing secure linkage across different data sources. The platform complies with all major healthcare privacy regulations including HIPAA.
The platform can connect EHR data, claims data, lab results, pharmacy data, genomics data, and other health information sources while maintaining appropriate privacy controls for each data type.
Datavant provides tools and expertise to help organizations navigate transitions like CMS V28, offering data-driven strategies to align coding practices with new requirements and maintain revenue stability.
Yes, the platform supports workflows where patients can authorize specific uses of their health data for research or care coordination purposes while maintaining control over their information.