Mercy Technology Services (MTS), the information technology arm of St. Louis-based Mercy health system, has launched a nationwide real-world evidence network to pool clinical data for advanced analysis. The new initiative aims to create a new model of curated data sharing among providers, drug and device makers, regulators and more to power better patient care.MTS Real-World Evidence (RWE) Network BackgroundDeveloped in partnership with global tech giant SAP, MTS’ new network aims to tap into
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SAP Hana
SAP Purchases $18M Worth of Stock into Castlight Health
SAP has purchased purchased 4.76 million shares of newly issued Class B common stock in Castlight Health, a leading health benefits platform provider. The purchase results in SAP holding 4.7% post-issuance of the currently-outstanding common shares of Castlight, at a price per share of $3.77, for approximately $18 million in cash. SAP also received a warrant in connection with its stock purchase, under which SAP has the right to purchase an additional 1.9 million shares of Castlight Health Class
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SAP Unveils New Solutions to Advance Personalized Medicine
SAP SE announced SAP Foundation for Health and the SAP Medical Research Insights solutions built on the SAP HANA platform to realize the full potential of personalized medicine. By unlocking patient data and uncovering insights in real time, the new solutions reveal the value of patient data, from biomedical data to EMRs to clinical trials. They facilitate data integration and provide real-time analysis and reporting that together lead to improved personalized medicine and patient care.
SAP
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