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IBM gets 215 million patient profiles in $2.6 billion analytics firm buy
pc world ^ | 2-18-2016 | Grant Gross

Posted on 02/18/2016 10:42:56 AM PST by Citizen Zed

IBM's Watson Health, the company's 10-month-old healthcare data crunching unit, plans to acquire Truven Health Analytics and its 215 million patient profiles, with the ultimate goal of helping health-care providers make better business and patient-care decisions.

The $2.6 billion deal, announced Thursday, gives IBM Watson Health access to a huge new data set in the unit's efforts to mine data to improve health-care quality while controlling costs.

Including data from Truven, Watson Health will have access to about 300 million patient data sets, IBM said. Using IBM's Watson Health Cloud, health-care organizations will be able to combine several data sets.

Truven's health-care provider data, combined with other data sets and the computing power of Watson, gives IBM's a "pretty powerful platform," said Eric O'Daffer, a health-care supply chain analyst with Gartner.

The acquisition of Truven, expected to close later this year, will also add hundreds of clinicians, epidemiologists, statisticians, health-care administrators, policy experts and health-care consultants to Watson Health, IBM said. IBM will purchase Truven from current owner Veritas Capital.

(Excerpt) Read more at pcworld.com ...


TOPICS: Chit/Chat
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1 posted on 02/18/2016 10:42:56 AM PST by Citizen Zed
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To: Citizen Zed

How does a patient’s medical records become the property of IBM?


2 posted on 02/18/2016 10:46:48 AM PST by RightGeek (FUBO and the donkey you rode in on)
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To: Citizen Zed

I hope that there won’t be any Lotus Notes code or design involved.


3 posted on 02/18/2016 10:52:48 AM PST by wally_bert (I didn't get where I am today by selling ice cream tasting of bookends, pumice stone & West Germany)
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To: Citizen Zed

How many of those records have errors in them?

I bet lots.


4 posted on 02/18/2016 10:54:50 AM PST by Secret Agent Man (Gone Galt; Not averse to Going Bronson.)
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To: RightGeek

Probably no patient identifying data - just a number.


5 posted on 02/18/2016 10:55:59 AM PST by semimojo
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To: Citizen Zed

Click book for more info...

Just sayin'...

6 posted on 02/18/2016 11:02:04 AM PST by haywoodwebb (Telling people the truth about Jesus is all that really matters now...)
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To: semimojo

No guarantee of that.
Data brokers are having a field day with ALL of our medical records.
Hospitals, insurers, data brokers are among the 8000+ entities that share your PHI data in a 2 BILLION a year business racket.

Go to: thedatamap.org

Happy fishbowl everyone...

RE: “Probably no patient identifying data - just a number.”


7 posted on 02/18/2016 11:04:51 AM PST by MarchonDC09122009 (When is our next march on DC? When have we had enough?)
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To: semimojo

“Probably no patient identifying data - just a number.”

You can individually identify people without a number. Just correlate their medical condition, the time it was reported, and their geographical location.


8 posted on 02/18/2016 11:10:23 AM PST by MeganC (The Republic of The United States of America: 7/4/1776 to 6/26/2015 R.I.P.)
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To: Citizen Zed
*yawn*

There was a huge bit of cash ($400 million if I recall correctly) for medical records projects in the Obama Stimulus package (which partly accounts for why the former Mayor of Detroit got a computer health care sales job when he got out of jail, despite no prior sales or health care experience -- it was to curry favor).

This project was supposed to be done by now, and I hear that another $1 billion or so will be spent on the thing.

BTW, the market leader in this, Epic, is a bigime Dem / liberal house, and from what I hear, you can't work there unless you belong to OccupyDems and post on DailyKOS?
9 posted on 02/18/2016 11:16:13 AM PST by TWohlford
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To: MarchonDC09122009
Ya. So much for HIPAA. Although they like to use the HIPAA regs when it serves them.

My wife has spent the past 6 weeks trying to sort out Obamacare and the insurance company refuses to talk with me because it is my wife's insurance. Ya know, HIPAA.

10 posted on 02/18/2016 11:19:30 AM PST by dhs12345
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To: MeganC

Our wait for a hacker to connect the two.


11 posted on 02/18/2016 11:20:15 AM PST by dhs12345
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To: RightGeek
RightGeek:" How does a patient’s medical records become the property of IBM?"

EXACTLY TRUE !


All of your information is belongs to us,
We are BORG !

(All foreordained by Star Trek )
12 posted on 02/18/2016 11:47:49 AM PST by Tilted Irish Kilt ( British historian Arnold Toynbee - Civilisations die from suicide, not by murder.)
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To: semimojo

yeah...a Social Security Number


13 posted on 02/18/2016 11:58:42 AM PST by goodnesswins (Alinsky.....it's what's for dinner)
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To: dhs12345

you should be able to get a statement that you and your wife sign that allows you to talk about her info....or have her authorize it....we’ve done things like that on financial stuff.


14 posted on 02/18/2016 11:59:57 AM PST by goodnesswins (Alinsky.....it's what's for dinner)
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To: goodnesswins
Ya. I know.

I am happy to stay out of the fray for as long as possible. My wife was about to get me involved yesterday, but she was able to finally get it working.

Crossing my fingers, toes and eyes.

What a mess Obamacare has created. My wife has 10 pages of notes, has talked to 20 different people (not including the same people multiple times), has spent hours on the phone, and still she couldn't get them to fix it. But she should be good now.

15 posted on 02/18/2016 12:42:58 PM PST by dhs12345
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To: Citizen Zed

Might as well disrobe and have that prostrate exam on Main Street.


16 posted on 02/18/2016 2:15:02 PM PST by bgill (CDC site, "We still do not know exactly how people are infected with Ebola")
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