IBM Watson Health has completed the acquisition of Truven Health Analytics, a provider of healthcare data, analytics and insights, for $2.6 billion.
Truven Health Analytics is IBM’s fourth major health data related acquisition since launching the Watson Health unit in April 2015.
Truven has 8,500 clients including U.S. federal and state government agencies, employers, health plans, hospitals, clinicians and life sciences companies.
IBM and Truven data scientists will start the process of using Watson Health’s cognitive capabilities to derive insights from Truven’s health data. Through Truven, IBM gains data spanning cost, claims, quality and outcomes information.
IBM aims to assists healthcare organizations to combine the previously disparate data sets, including structured and unstructured data to create insights to improve the quality of care at lower cost.
Data from Truven, along with an array of solutions and services, will also help optimize IBM offerings for value-based care.
