Eric Lefkofsky’s analytics startup company, Tempus, aims to become the largest source of cancer care data in the world. They have partnered with Precision Health AI, obtaining access to CancerLinQ, a database of 600,000 treatment results. With this Big Data, the Tempus team should have enough information to establish patterns highlighting better cancer treatments. With their current contracts and nearly 50 partnerships with research hospitals, Tempus will reach 25-30 percent of cancer patients next year.
Tempus’s analytical machine learning platform is interactive and allows physicians to deliver more personalized care. It takes unstructured data and builds an organized database of the patient’s information. It analyzes the DNA of cancer patients to give molecular data which uncovers more personalized treatment options for patients. It also generates action taking insights into better outcomes. The goal is for patients to benefit from previous patients via tools that learn as Tempus gathers more data.
CancerLinQ receives data from more than 100 practices and hospitals and more than 2,000 physicians. The challenge CancerLinQ faces is to assemble the data from medical records which are not always in the same format. According to Dr. Hudis, chairman of the board of governors, raw data is taken in, cleaned, curated and analyzed. This provides additional strength and capacity.
Eric Lefkofsky started out selling carpets at the Univerisity of Michigan, where he graduated with a Juris Doctor from the Law School. Today, along with being the co-founder and CEO of Tempus, is also the founding partner of Lightbank, chairman of Groupon, and Innerworkings, just to name a few. This well-established entrepreneur also gives back to the community via the Lefkofsky Family Foundation which aims to advance programs, initiative, and research that enhance the quality of human life and the communities we serve.
The Foundation focuses on giving to four main causes; education, fundamental human rights, medical research, and arts and culture. Since his success at InnerWorkings, Lefkofsky has begun teaching at universities in the Chicago area including, DePaul University, Northwestern University and is currently an Adjunct Professor at University of Chicago Booth School of Business.