IBM announced a medical alliance project called Watson Health on April 14. Prior to this, IBM had acquired two medical technology companies: Explorys and Phytel.
Founded in 2009, Explorys was originally a data services product at the Cleveland Clinic, providing a cloud-based medical data management platform that provides medical staff with clinical, financial, and operational data management. Explorys has up to 50 million medical records for patients in the United States. Phytel has cloud computing capabilities for analyzing multiple health data and predicting subsequent treatments. It can provide medical services for the Watson Health Project, including feedback on patient and patient needs.
"The acquisition of the two companies will allow IBM to better leverage data analytics to help grassroots medical staff, healthcare systems and medical networks to improve healthcare technology," IBM said. IBM did not mention the specific prices of the two acquisitions.
The Watson Health Department, based in Boston, has 2,000 employees, including 75 practicing physicians and 200 researchers. IBM's data analysis has been used in medical research institutions such as the Mayo Clinic and the Cleveland Clinic.
IBM estimates that in electronic medical data, digital diagnostics, and wearable medical devices, each person will generate 1 million gigabytes of medical data in his lifetime.
IBM's Watson Health plans to aggregate data from a variety of devices (such as Apple Watch) and healthcare providers through cloud computing platforms to provide data analytics services to the healthcare industry. Apple, Johnson & Johnson and Medtronic Inc. are the three major companies currently working with Watson Health.
Apple will integrate Watson Health's applications into HealthKit and ResearchKit. Watson Health collects data through HealthKit and ResearchKit and provides the data to cooperative medical device manufacturers, while manufacturers such as Johnson & Johnson and Medtronic adjust the data. The services they provide to users. Johnson & Johnson will work with IBM to develop a mobile platform-based training system that will help patients before and after surgery, as well as develop new health applications for some chronic diseases. Medtronic will use information from Watson Health to work with IBM to research personalized treatment options for people with diabetes.
"We have taken a big step in the commercial healthcare arena," IBM senior vice president John Kelly said in an interview with Fortune magazine. He also alluded to more businesses in the future to work with Watson Health, "this platform will become the world's largest medical data base."
According to a survey by Accenture, most doctors in the United States are now familiar with electronic medical records, and more than 80% of doctors recommend patients to participate in the update of electronic medical records. However, people's understanding of how electronic medical records help doctors to diagnose medical problems and reduce medical accidents is far from enough.
“This industry needs to adapt to the needs of a new generation of patients who need to be involved in their own health management and they want to have their own health data at their fingertips,†said Accenture consultant Kaveh Safav.
Health insurance companies Anthem, MD Anderson Medical Center, Memorial Sloan-Kettering Cancer Center, Cleveland Clinic, etc. have become IBM's partners in the medical services industry, as they provide a wealth of valuable medical information records. According to the Fortune English website, IBM's goal is to play a leading role in the medical system. IBM even has to collect old medical files that began in 1970, combined with the emerging emerging cloud technology.
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