News | Clinical Decision Support | March 02, 2016

IBM Watson Health to Acquire Truven Health Analytics for $2.6 Billion

Deal marks IBM’s fourth major health data-related acquisition in the past year

IBM Watson Health, acquisition, Truven Health Analytics

March 2, 2016 — IBM Watson Health announced plans Feb. 18 to acquire Truven Health Analytics, a leading provider of cloud-based healthcare data, analytics and insights, for $2.6 billion. Truven will bring more than 8,500 clients, including U.S. federal and state government agencies, employers, health plans, hospitals, clinicians and life sciences companies, to the IBM Watson Health portfolio.

Upon completion of the acquisition, IBM’s health cloud will house one of the world’s largest and most diverse collections of health-related data, representing an aggregate of approximately 300 million patient lives acquired from three companies. IBM plans to integrate Truven’s extensive cloud-based dataset spanning hundreds of different types of cost, claims, quality and outcomes information with its existing datasets.

Through the Watson Health Cloud, healthcare organizations will be able to take previously disparate datasets, including vast amounts of unstructured data, and combine them together to create unique insights that help inform a broad range of health decisions.

Truven Health Analytics represents IBM’s fourth major health-data related acquisition since launching the Watson Health unit in April 2015. Upon close, IBM will have invested more than $4 billion to acquire and build an array of cognitive healthcare capabilities intended to help professionals improve health outcomes, control costs and advance value-based care solutions. 

Upon close, the acquisition of Truven will bolster Watson Health’s global talent footprint to more than 5,000 employees, including hundreds of clinicians, epidemiologists, statisticians, healthcare administrators, policy experts and healthcare consultants who will join the IBM business unit. Truven’s cloud-based technology, methodologies and health claims data will be integrated into the Watson Health Cloud over time.

The deal is projected to close later this year, subject to satisfaction of customary closing conditions and applicable regulatory reviews.

For more information: www.ibm.com/watsonhealth, www.truvenhealth.com

Related Content

Herman Oosterwijk

Herman Oosterwijk

News | Artificial Intelligence | May 13, 2021
May 13, 2021 — Laurel Bridge Software, a provider of ...
 Novarad, healthcare IT and medical imaging company, has recently entered into contract with Waverly Health Center (WHC) of Iowa to provide its award-winning solution for simply and securely sharing medical images and reports – CryptoChart.
News | Enterprise Imaging | May 12, 2021
May 12, 2021 — Novarad, healthcare IT and medical imaging company, has recently entered into contract with...
News | Artificial Intelligence | May 11, 2021
May 11, 2021 — Whiterabbit, an AI technology company focused on early...
New Module Creates a Warped MRI Scan that Matches Real-Time Ultrasound Results (Graphic: Business Wire)

New Module Creates a Warped MRI Scan that Matches Real-Time Ultrasound Results (Graphic: Business Wire)

News | Artificial Intelligence | May 07, 2021
With the growing adoption of #data #analytics in #healthcare, we are seeing more clearly that there are two sides of data
Feature | Artificial Intelligence | May 05, 2021 | By Sundararajan Mani
With the growing adoption of...