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Page 1: Watson Health a Population Health Platform
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PLATINUM SPONSOR ADDRESS: Watson Health a Population Health PlatformAnnette Hicks

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Watson Health A Population Health Platform

Annette HicksIBM Health Industry Lead A/NZ

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Healthcare is burdened with many inefficient systems

4

System inefficiency as % of total economic value by system

Impr

ovem

ent p

oten

tial

as %

of s

yste

m

inef

ficie

ncy

Education1,360

Building & Transport Infrastructure

12,540

Healthcare4,270

Government & Safety5,210

Electricity2,940

Financial4,580

Food & Water4,890

Transportation (Goods & Passenger)

6,950

Leisure / Recreation / Clothing

7,800

Communication3,960

Analysis of inefficiencies in the planet‘s system-of-systems

For example, Healthcare system‘s value is $4,270B. It carries an estimated inefficiency of 42%. From that level of 42% inefficiency, economists estimate that ~34% can be eliminated

Note: Size of the bubble indicate absolute value of the system in USD Billions

42%

34%

This chart shows ‘systems‘ (not ‘industries‘)

Source: IBM economists survey 2009; n= 480

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Despite the significant clinical advances of the last 50 years, health services are faced with the same persistent problems: patient harm, waste, unwarranted variation, inequity, and failure to prevent the preventable. Health services are also faced with the new challenges of rising demand and resource constraints.

BUT

we are in the midst of a Third Healthcare Revolution driven by citizens, knowledge and the internet.

Third Healthcare Revolution – Prof Muir Gray

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The Mega Trends

Mobile Social

Cloud

Analytics6

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Healthcare Industry is dealing with data overload

60% of determinants of health Volume, Variety, Velocity, Veracity

30% of determinants of healthVolume

10% of determinants of healthVariety

Clinical data

Genomics data

Exogenous data(Behavior, Socio-economic, Environmental, ...)

1100 Terabytes Generated per lifetime

6 TBPer lifetime

0.4 TBPer lifetime

Source: "The Relative Contribution of Multiple Determinants to Health Outcomes", Lauren McGover et al., Health Affairs, 33, no.2 (2014)

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Delivering value – extreme patient focus and insight

Clinicaldata

Genomicsdata

Exogenous data

Medical Literature

Guidelines

Institutional Knowledge

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Major Areas of Innovations in Data-Driven Analytics

Genomics AnalyticsCognitive system for mapping sequencing results to literature

Medical SieveCognitive radiology assistant with advanced visual and textual reasoning

Personalized System of Insights

Patient Similarity AnalyticsAdvanced data-driven analytics on longitudinal patient data

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IBM Watson Health CloudHIPAA compliant, standard based, massively scalable

SolutionsIBM & Ecosystem Solutions

DataStructured & unstructured

InsightsCognitive & Advanced Analytics

ProvidersPayersResearchersIndividuals PharmaGovt.

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IBM Watson Health delivers knowledge and information using differentiated capabilities

IBM Watson Health // ©2015 International Business Machines Corporation

Advanced Analytics &

Machine Learning

Actionable insights at the point of care delivery

Cognitivecomputing

KnowledgeInformationData

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Ecosystem for delivering value to healthcare industrySelected HC

Partners

250+ partners overall in Healthcare

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Thank You

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