The impact of COVID-19 is a black swan event or “an event that happens so rarely that it is incredibly hard to predict and even harder to prepare for.” However, we must be prepared. The demand for insights from real-world data (RWD) pertaining to this pandemic are needed right now to inform efforts in our healthcare systems to make better, more informed decisions. Our research teams around the nation and world need access to RWD, to support insights for COVID-19 vaccine development and treatment, and this demand will only grow in the next 18 to 36 months.
In short, the COVID-19 experience has laid bare the inefficiencies in U.S. and global healthcare systems. We need innovation. Innovation is about transformation and having the courage to change what isn’t working. Our ability to provide effective solutions depends on the availability of relevant data to drive this change. Our future may yet rest in our ability to unlock RWD-driven insights faster, in pursuit of better care and more effective cures.