User:Ceyockey/Flatiron Health

Flatiron Health is a New York-based healthcare data analytics company focusing on oncology patients, their healthcare providers and their data. The firm collates structured and unstructured data with electronic medical records and generates real-world evidence data therefrom, an approach not unique to this firm but for its sharp focus on oncology. A key product of the firm is aggregate anonymized data in the oncology treatment realm which it sells to pharmaceutical companies.

One documented strategy of the firm was to have personnel visit oncology specialty clinics and shadow personnel in order to conduct deep elicitation and data producer behavior information.

As of 2017, the firm had a headcount of 25 subject matter experts with some form of a medical degree and 104 specialists in technology and engineering.

In 2017, Roche signaled their intention to acquire Flatiron Health and maintain it as an autonomous subsidiary, retaining all employees; at the time, Roche held a minority stake in the firm. They completed the acquisition in February 2018 for US$1.9 billion, a valuation that was a surprise to many. Roche saw the firm as one lifeline to address their heavy reliance on oncology products for revenue, impending exclusivity expirations of key oncology products, and a large oncology development pipeline.

Flatiron was co-founded by Nat Turner, who was the company's CEO at the time of Roche's 2017 statement of intent to acquire. Roche had in 2015 entered into a deal with Flatiron valued at US$175 million. The company's total fundraising from inception to acquisition was in excess of US$313 million.

With Turner, Zach Weinberg was a co-founding partner, both formerly of Google. They had, in fact, founded the company Invite Media, a firm in the advertising technology space, which was acquired by Google in 2010.

For use in composing
https://www.businessinsider.com/flatiron-health-office-nyc-headquarters-photos-2018-7

https://digit.hbs.org/submission/flatiron-health-solving-cancer-through-data-analytics/