Almost 40% of the adults in America face a cancer diagnosis at one point in their lives. Therefore, everyone knows someone who has battled cancer. The National Cancer Institute shows that around 14.5 million Citizens in the U.S lived with cancer in 2014. By 2024, the figure is expected to rise by over 5 million. However, the prognosis looks better because of amazing advances that are made by such companies as Tempus co-founded by Eric Lefkofsky.
Although it may seem as if the healthcare industry is up-to-date with the modern technology, that is far from the truth as the industry is way behind. Eric Lefkofsky had never known this reality until his wife was diagnosed with breast cancer. To his surprise, he learned that there is a gaping hole in the fields of digital technology and data collection in the American Health arena. Albeit ample data is collected about patients and their diagnoses and treatments, there is no streamlined method of corralling the information and making effective use of it. Tempus co-founded by Erick, offers solutions as it has a goal of transforming the way cancer care is delivered to patients. Tempus developed a platform that analyses the patient’s molecular and clinical data effectively and Eric on Facebook.
One of the main challenges faced by Tempus was capturing the physical notes called progress notes. However, this was done by the development of software that processes natural language and recognizes optical characters. It also uses the human genome sequencing to collect information at only $5000 in comparison to the higher costs in 2003 which were at $100 million and more.
Eric is the Chief Executive Officer and co-founder of Tempus, which is a technology company that battles against cancer. Erick is also one of the founding partners of Lightbank, which is a fund that invests in disruptive technologies. Other than that, he is also the chairman of Groupon, where he also serves as the chairman. Groupon is an electronic commerce marketplace. Erick also co-founded Uptake Technologies, which serves as a predictive analytics place for the largest industries in the world.
Other than that, Erick runs the Lefkofsky Family Foundation with his wife Liz. The two founded the above organization ion 2006 and they look towards advancing high impact inventiveness that improves lives in the community.