How Data Brokers Make Money Off Your Medical Records
Fascinating read about how our health data is bought and sold.
For example, IMS Health automatically receives petabytes (1015 bytes or more) of data from the computerized records held by pharmacies, insurance companies and other medical organizations—including federal and many state health departments.
Three quarters of all retail pharmacies in the U.S. send some portion of their electronic records to IMS. The company says it has assembled half a billion dossiers on individual patients from the U.S. to Australia.
Data brokers legally buy, sell and trade health information, but the practice risks undermining public confidence, the story says.
Does your hospital sell this patient data? Should you be prepared for renewed public interest in the topic?