CVS Health and IBM said on Thursday that they will use predictive analytics and cognitive computing to transform care-management services for patients with chronic diseases.
The partnership brings together IBM's Watson Health Cloud and cognitive-computing capabilities with both companies' expertise in predictive analytics and patient engagement to enable health care practitioners to gain insights from health information sources to help individuals stay on track with their care and meet health goals.
"The capabilities of the IBM Watson Health Cloud, when coupled with CVS Health's insights into medication utilization and patient behavior, could prove transformative for the industry," Mike Rhodin, senior vice president of IBM Watson, said. "Improving care for people with chronic conditions supports IBM's commitment to make big plays that advance the health and well-being of the global community."
The partnership will focus on:
• Helping to identify individuals at risk for declining health who may benefit from proactive, customized engagement programs
• Encouraging patients to adopt safe and healthy behaviors, including adherence to prescribed medicines and healthy lifestyle regimens
• Suggesting appropriate use of cost-effective primary care and out-patient providers
"This partnership will enable us to leverage advanced technologies and key health information to develop a tool that can be applied by a variety of health care providers, such as pharmacists, nurse practitioners at MinuteClinics or connected health care providers, and that can help our pharmacy-benefit management clients improve member health and manage cost," Dr. Troyen Brennan, executive vice president and chief medical officer for CVS Health, said.
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