PowerPoint Presentation
PLATINUM SPONSOR ADDRESS: Watson Health a Population Health PlatformAnnette Hicks
Watson Health A Population Health Platform
Annette HicksIBM Health Industry Lead A/NZ
Healthcare is burdened with many inefficient systems 4
System inefficiency as % of total economic value by systemImprovement potential as % of system inefficiencyEducation1,360Building & Transport Infrastructure12,540Healthcare4,270Government & Safety5,210Electricity2,940Financial4,580Food & Water4,890Transportation (Goods & Passenger)6,950Leisure / Recreation / Clothing7,800Communication3,960
Analysis of inefficiencies in the planets system-of-systemsFor example, Healthcare systems 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
The Mega Trends
MobileSocialCloudAnalytics6
Main Point: The need for Watson is driven by a confluence of mega-trends in big data. Cloud, giving access to applications and computing power from anywhere on any device; Analytics providing insight into hidden patterns and knowledge within data; Mobile providing ubiquitous access and transforming how users interact with technology; and social generating a vapor trail about users and connecting users to one another. Watson harnesses the power of this convergence of shifts.6
Healthcare Industry is dealing with data overload 60% of determinants of health Volume, Variety, Velocity, Veracity30% of determinants of healthVolume10% of determinants of healthVarietyClinical dataGenomics dataExogenous data(Behavior, Socio-economic, Environmental, ...)1100 Terabytes Generated per lifetime6 TBPer lifetime0.4 TBPer lifetimeSource: "The Relative Contribution of Multiple Determinants to Health Outcomes", Lauren McGover et al.,Health Affairs, 33, no.2 (2014)
From the viewpoint of health outcome determinants, almost 60% of data are exogenous, and never captured as part of EMR systems now.Inserting IBM in the dataflow, and enabling the generation/capture of this exogenous data is crucial for any emerging health ecosystems. Two important aspects of this data that plays directly to IBM strengths:traditional big data characteristics volume, velocity, varietyall data is generated in uncontrolled environments (that is, no hospital or supply side control) highly fragmented value chain that needs a neutral entity that can collect, store, manage, curate, analyze data for insights. 7
Delivering value extreme patient focus and insightClinicaldataGenomicsdataExogenous data
Medical Literature
Guidelines
Institutional Knowledge
Major Areas of Innovations in Data-Driven AnalyticsGenomics AnalyticsCognitive system for mapping sequencing results to literature
Medical SieveCognitive radiology assistant with advanced visual and textual reasoning Personalized System of InsightsPatient Similarity AnalyticsAdvanced data-driven analytics on longitudinal patient data
IBM Watson Health CloudHIPAA compliant, standard based, massively scalableSolutionsIBM & Ecosystem Solutions
DataStructured & unstructured InsightsCognitive & Advanced AnalyticsProvidersPayersResearchersIndividuals
PharmaGovt.
2_84 3_84 4_84 8_84 11_84 12_84 35_85 51_84IBM Watson Health delivers knowledge and information using differentiated capabilities IBM Watson Health // 2015 International Business Machines CorporationAdvanced Analytics & Machine LearningActionable insights at the point of care delivery CognitivecomputingKnowledgeInformationData
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Ecosystem for delivering value to healthcare industry
Selected HC Partners
250+ partners overall in Healthcare
Epic Gail HornerCernerGreg LabowsCernerGreg LabowsAllscriptsClay EdwardsMcKessonClay EdwardsCGMPeter CuipersMeditech?IntersystemsGreg LabowsCPSIQuadramedCSCBecky BurdumyPhilipsArnout P Van Der Snoek AgfaSanto CostanzoAcuoHina ShahKanteronKristin Burkland, Peter CuipersTeraMedicaSAPBob Breitel, Michael UhlOracleKevin Johns, Lorna Den DaasInforKim LockwoodWorkday
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Thank You
