June 16, 2015
By Riley McDermid, BioSpace.com Breaking News Sr. Editor
Ready for your DIA Profile of the Day? Today BioSpace talks with Clinovo CEO Glenn Keet about the challenges of integrating electronic medical records and electronic health records systems and what the industry really needs to keep clinical trials running fast and furious. It’s the second section of a two-part series with Clinovo. If you’re interested in having your company profiled during DIA, please reach out to our Senior News Editor Riley McDermid.
1. What’s the size of the market you’re targeting?
It is hard to quantify the market size specific to EHR integration with EDC. To date, most clinical trials have opted not to take on integration, because of the difficulty and cost in implementation. According to ClinicalTrials.gov, there are 185,000 trials registered today. There is no strong data on it that I could find, but common wisdom would put less than 1% of those trials to be integrated with an EHR. We believe that if integration was quick, easy and not expensive, then most trials would chose to be integrated and give their clinicians an opportunity to work in a single system and their clinical data managers the ability to avoid SDV.
2. What’s on your timeline in 2015 for trials or regulatory action?
We have a lot of things in the pipeline for 2015. We are constantly enhancing our do-it-yourself build tools, giving full control to clinical trial professionals to build their own database, with no programming experience, and therefore lower their costs and reduce their timelines. Along those lines, perhaps the most impactful in 2015 will be our CRF Library and Field Library. These libraries enable our clients to quickly reuse entire CRFs from study to study. More importantly, they enable the granular reuse of fields, including those with data validation rules that cross multiple fields. This greatly reduces the time to complete CRFs by reusing tested forms, sections, fields, or edit checks from a previous study.
In the future, we intend to enable an exchange where our clients can allow their CRFs to be shared and reused with other organizations. We believe this could potentially reduce the build time for a study down to hours from weeks.
BIO: Kleet has worked in health care IT for almost three decades, and since May, 2014 has been CEO of Clinovo, Inc., a vendor of cloud-based EDC software serving all entities running clinical trials. Prior to taking the C-level seat, Keet was senior vice president over Business Development on the Optum Health Care Cloud, focusing on developing the ecosystem of providers, developers and consumers.
Keet became part of Optum via the acquisition of Axolotl Corp., which he co-founded in 1995 and where he was president. Prior to his role as president, Keet had been head of Sales and Marketing, Business Development, and Professional Services. In the first half of the 1990s, Keet held managerial positions for Mercator Software, now owned by IBM . Mercator sold general purpose EDI and HL7 mapping and translation engines used in health care, insurance and other industries.