49 medical tech companies pledge to share data for patient safety: 5 takeaways

Nearly 50 healthcare technology companies signed The Patient Safety Movement Foundation's Open Data Pledge to support sharing their data to enhance patient safety.

Here are five takeaways:

1. The pledge is intended to create a marketplace of data analytics, supporting entrepreneurs to develop uses of health data for patient safety improvements.

2. With data sharing, researchers will be able to create predictive algorithms.

3. Participating companies are not required to share protected data or neglect primary laws.

4. Companies may make their pledges online.

5. "So, what we've started here to treat the third leading cause of death – preventable patient harm – may one day even help the first and second causes of death," said Joe Kiani, founder, Patient Safety Movement Foundation.

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