SNOMED CT Case for Investment - Final September 2021 - Flipbook - Page 5
In 2020, SNOMED International
Amid competing priorities and scrutinized
released its 2020-2025 Strategy.
budgets, government decision makers are looking for
be driven by new healthcare data sources and new
The annual work plan to
qualitative and quantitative evidence to support their
healthcare technologies. From a health care industry-
investments, including achieved outcomes and benefits
wide perspective new data sources and technologies
narratives. Following from the value propositions,
such as artificial intelligence, machine learning,
SNOMED International has developed an innovative yet
personalized and precision medicine, etc., are seen as
succinct Case for Investment in both the organization
significant.
implement the Organization’s
Strategy identified the need to
revisit the value proposition for
evolving. The future opportunities for SNOMED CT will
key stakeholder groups as well
and its products. A thoughtful collection of SNOMED
as illustrating the case for
CT case studies also delivers real world examples of
clinical reference terminology to enable the semantic
investment in SNOMED CT for
SNOMED CT across its varied uses.
interoperation and knowledge representation of
Nations, health systems,
vendors, etc., globally.
Building off the business case work completed in
2014, SNOMED International complements updated
stakeholder value propositions with the evidence that
SNOMED CT adds measurable value to a broad range of
primary and secondary processes that use SNOMED CT
encoded data to deliver improved patient outcomes.
As we know, the healthcare industry is ever
SNOMED CT is well positioned as a best-in-class
massive and diverse sets of data required by this next
evolution in health care delivery.