IBM Launches $250 Million Global Healthcare Initiative

New collaborations with Duke University Health System and H. Lee Moffitt Cancer Center & Research Institute aim to transform medicine

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SOMERS, N.Y. - 19 Feb 2004: IBM today announced a major healthcare initiative to help healthcare providers and payers manage costs, reduce medical errors, and deliver better patient care. The initiative will infuse an estimated $250 million of investments into IBM's healthcare business over the next three years for new hiring of healthcare specialists, solutions development, research and development projects, IBM Business Partner collaborations, and other programs.

Highlights include:

"The healthcare industry is under tremendous pressure to address patient safety, quality of care and cost issues," said Dr. Caroline Kovac, general manager of IBM Healthcare and Life Sciences. "IBM is deeply committed to developing the on demand solutions and offering the consulting expertise and business insights that can help the healthcare industry transform. Working with IBM Business Partners, we can help bring catalytic change and help the industry deliver on the promise of better patient care."

New Collaborations
Duke University Health System and IBM are collaborating on a unique on demand information management system. Duke On Demand will be used to help speed critical information to researchers and clinicians that can facilitate identification of new, more effective treatments for diseases such as breast cancer and heart disease.

The system is being designed to integrate clinical data, such as patient records and lab tests, with research findings about genes and proteins to help give doctors a more complete "personalized" picture of a patient's medical condition, while protecting patient confidentiality. The solution also can be used to electronically locate and initially screen potential candidates for clinical trials and for physician training.

"Duke and IBM share a vision around prospective medicine," said Dr. Ralph Snyderman, Chancellor for Health Affairs, Duke University Medical Center, and Executive Dean of Duke School of Medicine. "IBM has made a large-scale commitment to cutting-edge technology in the life sciences. By mobilizing our respective resource bases and complementary skills, together we can make a big difference in the delivery of healthcare in the 21st century."

The H. Lee Moffitt Cancer Center & Research Institute and IBM are collaborating on a disease management system designed to help researchers and clinicians screen patients at risk for diseases and identify potential clinical trial participants faster. The new Clinical Research Data Warehouse, part of Moffitt's Total Cancer Care program, will focus initially on lung cancer and will integrate data from more than 30 disparate databases throughout the hospital and research center. Moffitt is located at the University of South Florida and has more than 280 physicians, 600 researchers, and a network of 13 affiliate hospitals throughout Florida.

New Healthcare Offerings and Information Resources
A key focus of IBM's healthcare initiative will be the development of consulting practices, information resources, and customized industry solutions to help transform hospitals and small and medium healthcare providers, accelerate medical research, and optimize processes to help lower healthcare costs. Each new solution or information resource will leverage the healthcare industry insight and consulting methodologies of IBM Business Consulting Services and the deep technology skills and resources of IBM Healthcare and Life Sciences.

Among the practices, information resources, and customized solutions announced today are:

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