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Global alliance enables providers to transform health through value-based Healthcare

ANI  |  New Delhi [India] 

and Healthineers today announced a five year, global strategic alliance in Population Health Management (PHM).

The alliance aims to help hospitals, health systems, integrated delivery networks, and other providers deliver value-based care to patients with complex, chronic and costly conditions such as heart disease and cancer.

The health-focused alliance is the first of its kind for the companies, which have a longstanding global relationship that spans diverse industry sectors including IBMs work with Building Technologies, PLM and Digital Grid.

It also marks entry into PHM.

Healthineers and Watson Health intend to help healthcare professionals navigate unprecedented changes propelled by a growing volume and diversity of health data, an aging global population, increasing prevalence of chronic diseases, changes in healthcare payment models, and the digitization and consumerization of healthcare.

Koustav Chatterjee, Frost & Sullivan Transformational Health Industry Analyst said, "The adoption of PHM solutions that demonstrate meaningful use of IT applications is expected to accelerate rapidly. Patient care is moving into a broader but coordinated environment where routine, manual tasks are automated by PHM solutions that unify siloed systems, stratify comorbidities, empower patients through engagement, and benchmark outcomes at network, practice, and patient level."

Adding, "I expect the shift from volume to value-based healthcare delivery will accelerate adoption of PHM technology and service solutions helping providers effectively manage chronic conditions and prevent unnecessary system utilization."

The alliance leverages the expertise and global reach of both companies, including track record introducing technology-driven innovations to a broad range of providers and IBM's unique cognitive healthcare offerings.

As part of the alliance, Healthineers will offer PHM solutions and services from Watson Health.

These offerings are designed to help meet hospital and healthcare systems' demands for value-based care analytics and reporting, and patient engagement. Healthineers will also provide consulting services to support providers in their transition to value-based care.

For example, Healthineers has access to Watson Care Manager, a new cognitive solution from designed to help providers and patients to work together to support individual health.

Watson Care Manager integrates disparate types of clinical and individual data and applies cognitive analysis to draw out insights for nurses and other care managers so they can closely monitor and counsel individuals with chronic conditions.

"Combining our strengths, Healthineers and can effectively help providers transition to a value-based healthcare environment," said Matthias Platsch, head of Services at Healthineers.

He added, "We will bring the power of Healthineers' extensive relationships with providers and our deep domain expertise in clinical workflows, services, and digital health technologies to bear to help bring population health management offerings to healthcare providers. The new alliance fits perfectly into the services business of Healthineers. Thus we will enter the rapidly growing PHM market which is expected to play a significant role in end-to-end value-based healthcare."

Under the strategic alliance, it is the intent of and to work together to jointly develop and deploy new PHM offerings leveraging each company's expertise and assets, including those added to the Watson Health portfolio from acquisitions such as Phytel and Explorys.

"We are at an unprecedented time in healthcare. Mature and developing markets are increasingly focused on how patient outcomes are optimized, quality is standardized among individuals and across populations, and costs are reduced," said Deborah DiSanzo, general manager for Watson Health.

"and are ideal partners to work at the forefront of this evolution and enable personalized healthcare in the U.S. and globally," he concluded.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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Global alliance enables providers to transform health through value-based Healthcare

IBM and Siemens Healthineers today announced a five year, global strategic alliance in Population Health Management (PHM).The alliance aims to help hospitals, health systems, integrated delivery networks, and other providers deliver value-based care to patients with complex, chronic and costly conditions such as heart disease and cancer.The health-focused alliance is the first of its kind for the companies, which have a longstanding global relationship that spans diverse industry sectors including IBMs work with Siemens Building Technologies, Siemens PLM and Siemens Digital Grid.It also marks Siemens entry into PHM.Siemens Healthineers and IBM Watson Health intend to help healthcare professionals navigate unprecedented changes propelled by a growing volume and diversity of health data, an aging global population, increasing prevalence of chronic diseases, changes in healthcare payment models, and the digitization and consumerization of healthcare.Koustav Chatterjee, Frost & ...

and Healthineers today announced a five year, global strategic alliance in Population Health Management (PHM).

The alliance aims to help hospitals, health systems, integrated delivery networks, and other providers deliver value-based care to patients with complex, chronic and costly conditions such as heart disease and cancer.

The health-focused alliance is the first of its kind for the companies, which have a longstanding global relationship that spans diverse industry sectors including IBMs work with Building Technologies, PLM and Digital Grid.

It also marks entry into PHM.

Healthineers and Watson Health intend to help healthcare professionals navigate unprecedented changes propelled by a growing volume and diversity of health data, an aging global population, increasing prevalence of chronic diseases, changes in healthcare payment models, and the digitization and consumerization of healthcare.

Koustav Chatterjee, Frost & Sullivan Transformational Health Industry Analyst said, "The adoption of PHM solutions that demonstrate meaningful use of IT applications is expected to accelerate rapidly. Patient care is moving into a broader but coordinated environment where routine, manual tasks are automated by PHM solutions that unify siloed systems, stratify comorbidities, empower patients through engagement, and benchmark outcomes at network, practice, and patient level."

Adding, "I expect the shift from volume to value-based healthcare delivery will accelerate adoption of PHM technology and service solutions helping providers effectively manage chronic conditions and prevent unnecessary system utilization."

The alliance leverages the expertise and global reach of both companies, including track record introducing technology-driven innovations to a broad range of providers and IBM's unique cognitive healthcare offerings.

As part of the alliance, Healthineers will offer PHM solutions and services from Watson Health.

These offerings are designed to help meet hospital and healthcare systems' demands for value-based care analytics and reporting, and patient engagement. Healthineers will also provide consulting services to support providers in their transition to value-based care.

For example, Healthineers has access to Watson Care Manager, a new cognitive solution from designed to help providers and patients to work together to support individual health.

Watson Care Manager integrates disparate types of clinical and individual data and applies cognitive analysis to draw out insights for nurses and other care managers so they can closely monitor and counsel individuals with chronic conditions.

"Combining our strengths, Healthineers and can effectively help providers transition to a value-based healthcare environment," said Matthias Platsch, head of Services at Healthineers.

He added, "We will bring the power of Healthineers' extensive relationships with providers and our deep domain expertise in clinical workflows, services, and digital health technologies to bear to help bring population health management offerings to healthcare providers. The new alliance fits perfectly into the services business of Healthineers. Thus we will enter the rapidly growing PHM market which is expected to play a significant role in end-to-end value-based healthcare."

Under the strategic alliance, it is the intent of and to work together to jointly develop and deploy new PHM offerings leveraging each company's expertise and assets, including those added to the Watson Health portfolio from acquisitions such as Phytel and Explorys.

"We are at an unprecedented time in healthcare. Mature and developing markets are increasingly focused on how patient outcomes are optimized, quality is standardized among individuals and across populations, and costs are reduced," said Deborah DiSanzo, general manager for Watson Health.

"and are ideal partners to work at the forefront of this evolution and enable personalized healthcare in the U.S. and globally," he concluded.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22

Global alliance enables providers to transform health through value-based Healthcare

and Healthineers today announced a five year, global strategic alliance in Population Health Management (PHM).

The alliance aims to help hospitals, health systems, integrated delivery networks, and other providers deliver value-based care to patients with complex, chronic and costly conditions such as heart disease and cancer.

The health-focused alliance is the first of its kind for the companies, which have a longstanding global relationship that spans diverse industry sectors including IBMs work with Building Technologies, PLM and Digital Grid.

It also marks entry into PHM.

Healthineers and Watson Health intend to help healthcare professionals navigate unprecedented changes propelled by a growing volume and diversity of health data, an aging global population, increasing prevalence of chronic diseases, changes in healthcare payment models, and the digitization and consumerization of healthcare.

Koustav Chatterjee, Frost & Sullivan Transformational Health Industry Analyst said, "The adoption of PHM solutions that demonstrate meaningful use of IT applications is expected to accelerate rapidly. Patient care is moving into a broader but coordinated environment where routine, manual tasks are automated by PHM solutions that unify siloed systems, stratify comorbidities, empower patients through engagement, and benchmark outcomes at network, practice, and patient level."

Adding, "I expect the shift from volume to value-based healthcare delivery will accelerate adoption of PHM technology and service solutions helping providers effectively manage chronic conditions and prevent unnecessary system utilization."

The alliance leverages the expertise and global reach of both companies, including track record introducing technology-driven innovations to a broad range of providers and IBM's unique cognitive healthcare offerings.

As part of the alliance, Healthineers will offer PHM solutions and services from Watson Health.

These offerings are designed to help meet hospital and healthcare systems' demands for value-based care analytics and reporting, and patient engagement. Healthineers will also provide consulting services to support providers in their transition to value-based care.

For example, Healthineers has access to Watson Care Manager, a new cognitive solution from designed to help providers and patients to work together to support individual health.

Watson Care Manager integrates disparate types of clinical and individual data and applies cognitive analysis to draw out insights for nurses and other care managers so they can closely monitor and counsel individuals with chronic conditions.

"Combining our strengths, Healthineers and can effectively help providers transition to a value-based healthcare environment," said Matthias Platsch, head of Services at Healthineers.

He added, "We will bring the power of Healthineers' extensive relationships with providers and our deep domain expertise in clinical workflows, services, and digital health technologies to bear to help bring population health management offerings to healthcare providers. The new alliance fits perfectly into the services business of Healthineers. Thus we will enter the rapidly growing PHM market which is expected to play a significant role in end-to-end value-based healthcare."

Under the strategic alliance, it is the intent of and to work together to jointly develop and deploy new PHM offerings leveraging each company's expertise and assets, including those added to the Watson Health portfolio from acquisitions such as Phytel and Explorys.

"We are at an unprecedented time in healthcare. Mature and developing markets are increasingly focused on how patient outcomes are optimized, quality is standardized among individuals and across populations, and costs are reduced," said Deborah DiSanzo, general manager for Watson Health.

"and are ideal partners to work at the forefront of this evolution and enable personalized healthcare in the U.S. and globally," he concluded.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22

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