By: Ellyn McMullin, Research Associate and Daniel R. Matlis, President
How IBM Wants to Transform the Healthcare Industry – Part 2
As changes in Healthcare reimbursement moves from a fee-for-service to a fee-for-value model, there is a growing need to capture tremendous amounts of data to be analyzed and communicated in an uncomplicated manner. It is the vision of IBM Watson Health bring together clinical, research and social data from a diverse range of health sources, creating a secure, cloud-based data sharing hub, powered by the most advanced cognitive and analytic technologies.
As IBM’s vision continues to evolve we spoke with Pete Karns, IBM VP, Offerings, Internet of Things, Michael Fahey , Offering Manager for Exogenous Data, IBM Watson Health and Andy Stanford-Clark, IBM (UK) Distinguished Engineer, Master Inventor, Internet of Things to learn about the impact of the Internet of Things (IoT) and Internet of Medical Things (IoMT) on Healthcare.
Part 1 of this 2 part article concentrated on how the Healthcare industry will benefit from transforming itself; Part 2 looks at what is needed (both technologically and otherwise) and what challenges are ahead to improving patient outcomes and quality of care while lowering cost.
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