IBM and Siemens Healthineers have signed a five-year agreement to jointly offer population health management services and tools to hospitals, health systems, integrated delivery networks and other health care organizations.
The five-year deal aims to combine IBM Watson Health’s computerized health care applications with Siemens Healthineers’ experience working with hospitals and health systems on clinical workflows, services and digital health technologies, according to a news release.
Siemens Healthineers will offer IBM’s value-based care analytics and reporting and patient engagement tools, and will also provide consulting services to support providers in their transition to value-based care. IBM Watson Health has expanded its range of services in the past several years, mainly through acquisitions and partnerships, and this partnership seems to be a move more toward having its platform implemented.
But Anil Jain, M.D., vice president and chief medical officer for IBM Watson Health, said the alliance is about much more than gaining access to Siemens Healthineers’ deep pool of clients. “The experience and expertise they have in how hospitals operate and how their various workflows exist at health systems” is a key part of the partnership, Jain said.
In addition, the field is at a point where it can begin to use the advanced analytic tools to be offered by the organizations. “Hospitals are going to start creating business models that make sense in a population health management way, and we’re going to help them do that,” Jain said.