EricLefkofsky’s Tempus Aims to Bridge the Data Gap

Doctors are awash in data. Each new drug that comes to market is backed by dozens of clinical trials and patient studies. There is so much data that it can be difficult for medical professionals to keep up with, let alone use that data to individualize a patient’s treatment plan. One major problem facing the medical community today is not a lack of data but a way of organizing large volumes of data to enhance patient outcomes. The start-up Tempus, founded by Groupon’s Eric Lefkofsky, hopes to change that.Tempus seeks to build upon existing electronic medical record (EMR) technology which is already implemented in most practices around the country. Data can be aggregated and scrubbed of patients’ personal information, then the resultant pool of data can be used to research patterns among specific cohorts. These existing mountains of data can be mined to produce more personalized treatments plans and better outcomes.

Eric Lefkofsky founded Tempus after his wife received a breast cancer diagnosis and their family was tossed into the maze of modern medicine. He hopes to ground Tempus’s methodology in oncology and then branch into neurology and other fields. The family’s involvement in medical research reaches well beyond their own lives. In addition to being a Trustee of Lurie Children’s Hospital of Chicago, he and his wife also co-chair the Lefkofsky Family Foundation which supports philanthropic organizations mostly based in their hometown of Chicago. Founded in 2006, the foundation has supported grants across numerous fields including medical research, education, and the arts.

Lefkofsky graduated from the University of Michigan, then received his Juris Doctor at University of Michigan Law School. His career has spanned a wide range of entrepreneurial endeavors. Lefkofsky is best known as the founder and Chairman of Groupon, a hub for ecommerce. He is also a cofounder of Lightbank and Uptake Technologies, which both use data to disrupt and enhance some of largest industries in the world.

 

May 27, 2017

Posted In: Business News, Businessman