IBM on Thursday said its going to throw millions -- as in, $100 million -- into a new research initiative that 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 doled out over the next three years with a focus on three main areas. These will include evidence generation, streamlining the healthcare delivery process to improve service quality, and new incentives and models to reward patient outcomes rather than only treatment and volume of care.
Amazon.com founder, president, chief executive officer, and chairman of the board, Jeff Bezos through Bezos Expeditions (his investment company) has invested in Twitter and just accepted a seat on their board of directors. readwriteweb.com says, “the money will be spent on building up its infrastructure and reliability to become the communications utility it needs to be before it can become profitable.” | The addition of Jeff Bezos as an advisor is a big deal for Twitter. On their blog, they says he is more than “an investor and advisor because he is also an inspiration.” They go on to say that, “Jeff's attention to business process details and distinctive, "honk-like laugh" are similarly admirable traits as far as we're concerned.”