University Hospital with the Staff for Life Helicopter at dusk.[/caption]
Siemens Healthineers and the University of Missouri System (UM System), including all four universities, and University of Missouri Health Care (MU Health Care), has established the Alliance for Precision Health that will leverage their joint expertise to transform healthcare delivery, promote education in the fields of technology and engineering, and develop groundbreaking research initiatives.
As part of the alliance, Siemens Healthineers will ensure the UM System’s four universities and MU Health Care have access to the latest innovations in diagnostic and therapeutic equipment, educational and training resources, and digital health solutions through a 10-year Value Partnerships agreement.
Financial Details of the Strategic Alliance
The 10-year Value Partnerships agreement is valued at $133 million, which includes Siemens Healthineers delivery of advanced medical imaging equipment and supporting infrastructure in the NextGen Precision Health Institute. Separately, as part of the established research relationship, the parties will jointly contribute to the establishment of the Alliance for Precision Health in amounts that could reach $40 million.
This alliance will support the research, educational and clinical care goals of the new statewide NextGen Precision Health Initiative, the UM System’s highest priority. That initiative positions Missouri on the leading-edge of health care breakthroughs, focusing on treatments for diseases including cancer, Alzheimer’s and cardiovascular disease, among many other illnesses that plague Missourians and patients around the world. The effort will be anchored by the NextGen Precision Health Institute at the University of Missouri’s flagship institution in Columbia, Mo., where world-class researchers from all four UM System universities and industry partners will work together to accelerate life-saving treatments from bench to bedside. The building will include laboratories, classrooms and innovative space for faculty and researchers, along with industry partners, to focus on precision medicine and digital health.
4 Pillars of the Strategic Alliance
The strategic alliance focuses on four key pillars:
1. Healthcare delivery
Siemens Healthineers will provide the UM System with pioneering laboratory and imaging technology, as well as enterprise services and digital solutions. In doing so, the alliance between Siemens Healthineers and the UM System enables the optimization of operations within the MU Health Care system of hospitals and clinics and the development of best practices in diagnostic and therapeutic treatments.
2. Education and workforce development
The alliance between the organizations prioritizes the co-development of curricula that prepare students to excel in the fields of cybersecurity, data science, machine learning and artificial intelligence related to healthcare.
3. Healthcare innovation
Siemens Healthineers will provide UM System with the means to leverage digital health tools that transform healthcare delivery. Siemens Healthineers aims to assist the UM System in the integration of digital health solutions, such as syngo.via, throughout the enterprise, giving clinical departments access to timely, meaningful and actionable data. The UM System and Siemens Healthineers will cross-share learnings with their respective partner institutions, while working together on developing an integrated digital workplace.
4. Research and collaboration
Healthineers and UM System researchers will continue to work together to propose future research projects that utilize the UM System’s research expertise and Siemens Healthineers’ in vivo and in vitro diagnostic equipment, data analysis, and scientific support. Both organizations aspire to initiate projects that will focus on the advancement and implementation of precision medicine.
