• Home
  • Latest
  • Coins2Day 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
HealthBrainstorm Health

Everyone Wants Your Healthcare Data

Erika Fry
By
Erika Fry
Erika Fry
Down Arrow Button Icon
Erika Fry
By
Erika Fry
Erika Fry
Down Arrow Button Icon
March 21, 2018, 5:41 PM ET

Ask a room full of medical thought leaders if America’s health information privacy law—specifically HIPAA, or The Healthcare Information Portability and Accountability Act of 1996—needs a refresh and you’ll hear a resounding “yes.”

That’s exactly what happened when the David Agus, the influential physician and CBS correspondent, polled an audience of several dozen in the medical field at Coins2Day’s Brainstorm Health conference on Tuesday. But ask them what they want to do about it, and it gets a little trickier.

“I hear this a lot about modernizing HIPAA, but no one actually gives a recommendation for what they would do,” said Valerie Montgomery Rice, president and dean of the Morehouse School of Medicine. “If we had a magical wand, what would we do tomorrow?”

Indeed. There are many challenges involved in fixing America’s broken healthcare system, but certainly one of the knottiest is privacy—and the many questions that surround the exploding amounts of personal healthcare data.

That data is as incredibly personal to patients as it is valuable to medical providers who need the information to understand their patients and provide the best care, and to researchers who, by aggregating and analyzing it, can make important, life-saving and life-extending medical discovery. Then there are of course those interested in the gold mine of health data for more nefarious reasons like fraud. Eric Topol, director of the Scripps Translational Science Institute, pointed out that personal medical data goes for five times the amount that financial or other data does on the dark web.

Topol and most of his colleagues agree that patients should own their data. But how that works and can be managed given its value and the various demands for it, leads to more questions than answers.

Hal Wolf, CEO of the Healthcare Information and Management Systems Society, said it’s helpful to think about the issue of data and its access in terms of three buckets: ownership, access, and usage.

“It’s a delicate balance,” Wolf said. “From a physician standpoint, you cannot do your job unless you have access to as much of the data as is available….anything that limits that access literally puts patients at risk.” Plus, he said, “We have to be very mindful of aggregated information and access to it in order to support the research side. If we fail to do that we will not continue the advancements that are happening right now at lightning speed.”

Not everyone was totally comfortable with the idea of patients owning their data. Some raised worries that patients aren’t ready to own their data—both in terms of being medically literate enough to correctly interpret it, or to fully understand the permissions and consent issues that compel people to share research-essential data.

Others also fretted over the potential that patients would only selectively share their data with physicians, hiding parts of their relevant medical history from doctors. (For example, a patient who once suffered from an eating disorder keeping that information from an orthopedist.)

Regardless of who owns it, Wolf added that those who interact with healthcare data, given its highly personal nature, cannot afford to have a Facebook-like moment in which they lose control of it.

Many in the audience believed that blockchain, a security technology using cryptography, will play a larger and larger role in securing health data in the future.

Others pointed out that there are some basic solutions, beyond updating HIPAA, that could improve the current landscape. Topol pointed out that currently there’s a ton of “information blocking” going on by health providers that don’t’ want to share data with others for fear of losing their patients (i.e. Business). Mona Siddiqui, chief data officer at the U.S. Department of Health and Human Services commented that in tackling the issue the government was still struggling to get various agencies (mostly their lawyers)—FDA, CMS, CDC—to unify around definitions of basic terms like “research.”

“There’s a tremendous gulf between government and the real world,” remarked Topol.

About the Author
Erika Fry
By Erika Fry
LinkedIn iconTwitter icon
See full bioRight Arrow Button Icon

Latest in Health

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Rankings
  • 100 Best Companies
  • Coins2Day 500
  • Global 500
  • Coins2Day 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Coins2Day Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Coins2Day Brand Studio
  • Coins2Day Analytics
  • Coins2Day Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Coins2Day
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Health

Best protein lead image
HealthDietary Supplements
The 9 Best Protein Powders of 2026: How to Choose, According to an RD
By Christina SnyderJanuary 14, 2026
21 hours ago
Gates
PoliticsGates Foundation
One year after Bill Gates surprised with the choice to close his foundation by 2045, he’s cutting staff jobs
By Stephanie Beasley and The Associated PressJanuary 14, 2026
21 hours ago
Best Outdoor Saunas
Healthoutdoor and sporting goods
The Best Outdoor Saunas of 2026: Tested and Reviewed
By Christina SnyderJanuary 14, 2026
1 day ago
Healthchief executive officer (CEO)
Elon Musk says humans are ‘pre-programmed to die’ and longevity is ‘solvable’, raising huge questions about the future of health
By Marco Quiroz-GutierrezJanuary 14, 2026
1 day ago
hybrid
Future of Workhybrid
‘Hybrid creep’ is the latest trick bosses are using to get workers back in the office
By Nick LichtenbergJanuary 13, 2026
2 days ago
Successthe future of work
Elon Musk shares 4 bold predictions for the future of work: Robot surgeons in 3 years, immortality, and no need for retirement savings
By Orianna Rosa RoyleJanuary 13, 2026
2 days ago

Most Popular

placeholder alt text
Personal Finance
Peter Thiel makes his biggest donation in years to help defeat California’s billionaire wealth tax
By Nick LichtenbergJanuary 14, 2026
1 day ago
placeholder alt text
AI
Being mean to ChatGPT can boost its accuracy, but scientists warn you may regret it
By Marco Quiroz-GutierrezJanuary 13, 2026
2 days ago
placeholder alt text
AI
'Godfather of AI' says the technology will create massive unemployment and send profits soaring — 'that is the capitalist system'
By Jason MaJanuary 12, 2026
3 days ago
placeholder alt text
Success
Despite a $45 million net worth, Big Bang Theory star still works tough, 16-hour days—he repeats one mantra when overwhelmed
By Orianna Rosa RoyleJanuary 15, 2026
9 hours ago
placeholder alt text
Success
Despite his $2.6 billion net worth, MrBeast says he’s having to borrow cash and doesn’t even have enough money in his bank account to buy McDonald’s
By Emma BurleighJanuary 13, 2026
2 days ago
placeholder alt text
Economy
Jamie Dimon warns $38 trillion national debt is going to 'bite': 'You can't just keep borrowing money endlessly'
By Eleanor PringleJanuary 14, 2026
1 day ago

© 2025 Coins2Day Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Coins2Day Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.