years ago, we paired up with unitedhealth group and said, let's create an open innovation lab, where can put your 150 million patient claims data over 20 years. what people really spend in health care. we will put in our data on outcomes on how things work and use big data tools to determine what determines better outcomes. what is working? we now open bell loud, have 20 groups that join us, other academic medical centers, centers,a, policy saying how do you get a better outcome with parkinson's disease or breast cancer or heart disease? we would like to create a database where patients can look and say this is the best place to get this. i want to get a diagnosis accurately. i want to have all the care i need and no more than that. that will create a competitive marketplace. >> thank you for coming. thank you for joining us. see you next time. ♪ >> i'm john heilemann. >> and i am mark halperin. we are all about the stirred and not the shaken. ♪ on this show tonight, the right puts its foot down and the president assures ceos they won't foot the bill and obama and mcconnell play some

record day on wall street, dow hit lifetime high, closed up over 100 points, procter & gamble, unitedhealth, disney and cisco hit new highs. taser hit a new tie, president obama pledgeing over $260 million for law en forement to have wearible cameras, royal caribbean, new high there, entering into the s&p 500 after the close of trading, joining carnival crew, dreamworks under pressure, penguins of madagascar did not do well. charles: a lot to discuss a record high here, here are investment pros. you come on the day that market is up, scotti, news director back with us. what is that, james bond thing? >> i'm trying to encourage people to invest in silver. charles: i hear you, have you that vixen look, like yes, mr. bond. first real-real deal, market does it again, not about an all-time high for the dow but thousand rallies without any fan square, but every tick lower is like the end of the world. high crush, hcoh we talked about that. cyber monday was good, not number that hint at a super confident consumer just americans in my mind being americans, that continues to be a stealth rally, ma d

almost two years ago, we paired up with unitedhealth group and said, let's create an open innovation where you can put your 150 million patient claims data over 20 years. what people really spend in health care. we will put in our data on outcomes, how things work, and use big data tools to determine what determines better outcomes. what is working? in this open bell lab, we now have 20 groups that joined us, other academic medical centers, big pharma, policymakers, saying how do you get a better outcome with parkinson's disease or breast cancer or heart disease? what we would like to create a database where patients can look and say where is the best place to get this. i want to get a diagnosis accurately. i want to have all the care i need and no more than that. that will create a competitive marketplace. >> thank you for coming. thank you for joining us. see you next time. ♪ >> live from pier three in san francisco, welcome to "bloomberg west" where we cover innovation, technology, and the future of business. i'm emily chang. a check of the bloomberg top headlines. the s&p 500 has

unitedhealth group up 204%. see some insurers here, the hospital stocks have done very well, humana up 193%. rich edson live from washington d.c. listen, the publicly-traded, so-called private sector has absolutely benefited from obamacare. >> reporter: imagine that. you spend a trillion dollars on something, and equities go up. as for the hearing, these are jonathan gruber's first public comments since video showed him claiming the stupidity of the american voter allowed obamacare supporters to get the bill through congress. gruber is calling his remarks an attempt to sound more intelligent birdies pagerring others. that brought little satisfaction to lawmakers who questioned gruber over the course of nearly four hours. >> when did you realize that these comments are indefensible and inappropriate? >> i honestly didn't remember making them. >> you don't remember calling your knell citizens -- fellow citizens stupid, and you didn't remember saying that you're the only person who cares about the uninsured and tha

then we will hear from lou sandy , the executive of the unitedhealth group, talking about what this could mean for and different employers. and then we'll hear from bruce, with his long policy background. what will help them in their work for making policies down the road? there are two contexts i would like to ask the speakers about. were going to talk concretely about the april data describing to us, but we are not going to dwell so much on what was in the april release, but also to talk about what could be .n future releases these panels can talk about what they would like to see. to make it more useful. these are not the only game in town. he's a researcher and he can go through the process of paying a lot of money and making a lot of time. go sheeting a data use agreement and getting some of the data that is really raw behind the release. with united health care, either work with a qualified entity or and also has another channel. i will stop my talking. >> thank you. it is great to speak with you all today. the first question i want to get into his if this data release is a big deal