IBM is putting a $100 million into a new research initiative which will have IBM collaborating with clinicians to develop new technologies, scientific advancements, and businesses processes for healthcare and insurance providers.
“Improving the quality of healthcare requires more than just digitizing health data,” said Chalapathy Neti, Global Lead, Healthcare Transformation at IBM Research. “In fact the proliferation of diagnostics technology has in many ways added another layer of complexity, making it more difficult to gain valuable insights for patient care. Enabling greater coordination between care providers and transforming data into clinical decision intelligence could improve patient outcomes and help lower costs of healthcare today.”
The money will be distributed over the next three years over three main areas. These will include evidence generation, streamlining the healthcare delivery process to improve service quality.