Siemens Healthineers and IBM Watson Health has announced a 5-year Population Health Management alliance to help providers deliver value-based healthcare worldwide. As part of the alliance, IBM and Siemens will 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.
Population Health Alliance Details
Siemens Healthineers will offer PHM solutions and services from IBM Watson Health designed to help meet hospital and healthcare systems’ demands for value-based care analytics and reporting, and patient engagement. Additionally, Siemens Healthineers will also provide consulting services to support providers in their transition to value-based care.
For example, Siemens Healthineers has access to IBM Watson Care Manager, a new cognitive solution from IBM designed to help providers and patients to work together to support individual health. IBM 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.
“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 IBM Watson Health in a statement. “Siemens and IBM are ideal partners to work at the forefront of this evolution and enable personalized healthcare in the U.S. and globally.”