Home » News » Currently Reading:

IBM to Acquire Merge Healthcare for $1 Billion

August 6, 2015 News 1 Comment

image

IBM announced this morning that it will acquire Merge Healthcare for $1 billion, planning to add Merge’s imaging and clinical systems to its Watson Health analytics unit. IBM says Merge’s systems will allow Watson to “see” and will “unlock the value of medical images to help physicians make better care decisions.”

Merge has 7,500 customer sites, which IBM sees as prospects for its Watson Health Cloud. The company suggests it could be used to compare a patient’s images to previously taken ones and with those of similar patients. Specific use cases include clinical trials design, making diagnosis and treatment decisions, optimizing patient engagement, and delivering value-based care.

IBM SVP John Kelly said in a statement, “As a proven leader in delivering healthcare solutions for over 20 years, Merge is a tremendous addition to the Watson Health platform.  Healthcare will be one of IBM’s biggest growth areas over the next 10 years, which is why  we are making a major investment to drive industry transformation and to facilitate a higher quality of care. Watson’s powerful cognitive and analytic capabilities, coupled with those from Merge and our other major strategic acquisitions, position IBM to partner with healthcare providers, research institutions, biomedical companies, insurers and other organizations committed to changing the very nature of health and healthcare in the 21st century. Giving Watson ‘eyes’ on medical images unlocks entirely new possibilities for the industry.”

View/Print Text Only View/Print Text Only


HIStalk Featured Sponsors

     

Currently there is "1 comment" on this Article:

  1. Looking at the IBM stock price they must be getting desperate!
    Merge has had how many brushes with bankruptcy?? If this company is really worth a billion..I have a bridge I’d like to show IBM.







Subscribe to Updates

Search


Loading

Text Ads


Report News and Rumors

No title

Anonymous online form
E-mail
Rumor line: 801.HIT.NEWS

Tweets

Archives

Founding Sponsors


 

Platinum Sponsors


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gold Sponsors


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Reader Comments

  • PM_from_haities: While I support moral stands, the reality is there are only so many health systems and starting new ones is nearly impos...
  • RollingMyEyes: Re: Opioid statistics. Interestingly, under President Trump's proposed budge, AHRQ's budget will be cut by 18% and it wi...
  • Stephen Fiehler: I see Apple continue to nibble on healthcare IT without taking a major plunge, such as buying athenahealth [ATHN], like ...
  • LFI Masuka: "Fortunately, my schedule doesn’t allow...." Your words say that this is bad, but then as a business, you don't back ...
  • Jonathan: Does anyone have the scoop on why Ben Chu so abruptly left Memorial Hermann?...

Sponsor Quick Links