June 30, 2016
Hackensack Meridian Health Network is pleased to announce that COTA, Inc., a health care informatics and precision analytics company supported in part by Hackensack Meridian Health Network, has been granted United States Patent Number 9,378,531 for the development of its COTA Nodal Address (CNA) system, the first and only digital patient classification system that transforms prognostically significant attributes into a digital code.
“A top priority of the Hackensack Meridian Health Network is focusing on research and technology to improve care and reduce costs,” said Robert C. Garrett, co-CEO of Hackensack Meridian Health Network. “We are exceptionally proud of Dr. Andrew Pecora and all of the Hackensack Meridian Health physicians who are involved with COTA’s revolutionary work. By combining the power of clinical care with precision medicine and pinpointed data, we are seeing truly amazing breakthroughs for our patients.”
Andrew L. Pecora, M.D., FACP, CPE, president of the Physicians Services Division of Hackensack Meridian Health, and chief innovations officer, professor and leader of Cancer Services, John Theurer Cancer Center at HackensackUMC, founded COTA, a health care informatics company that offers real-world data to improve outcomes, offering more customized care. This newly-patented CNA precisely categorizes patient factors, their diseases and intended therapies to measure treatment outcomes, identify variances in care, and to enable quality benchmarking, research, discovery and the successful transition to value-based medicine.
COTA’s CNA classification system provides a clear path for providers to reduce treatment variance, and thus helps identify, reduce or eliminate wasteful spend. COTA’s CNA architecture is supported by the firm’s proprietary technology, which includes the Influx Platform. Influx unlocks patient data and enables oncologists to make important diagnostic/care decisions in real time. Additionally, the CNA system also reduces the processing requirements and time needed to make real-time monitoring of medical providers’ performance more efficient. COTA’s CNA classification system has been developed for all types and stages of cancer and will soon be expanding to increase the value of care for all medical conditions.