IBM To Acquire Initiate Systems

IBM has signed a definitive agreement to acquire Initiate Systems, a provider of data integrity software for information sharing among healthcare and government organisations. Initiate’s software helps healthcare clients work more intelligently and efficiently with timely access to patient and clinical data. It also enables governments to share information across multiple agencies to better serve citizens.

Initiate Systems is a privately held company based in Chicago, IL. Financial details of the deal were not disclosed.

Technologies for Improving Patient Care

In healthcare, hospitals, integrated delivery networks, insurers and governments are seeking to create systems that share a consistent view of all critical information as a means of improving both patient health and efficiency. Bringing together data from separate systems managed by hospitals, doctors’ offices and payers is a daunting task.

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The software speeds the adoption and exchange of electronic medical records. With easier access to accurate information, medical professionals can recognise patients at any facility within a health network with access to complete medical histories of patients, resulting in more timely and better-informed patient care. Like IBM, Initiate is committed to industry standards and its technologies support relevant healthcare regulations and standards including HL7 and HIPAA.

“With the addition of Initiate’s software, IBM will offer clients a solution for delivering the information they need to improve the well-being of patients at a lower cost,” said Arvind Krishna, General Manager, Information Management, IBM. “Similarly, our government clients will now have even more capabilities for gathering and making use of information to serve citizens in a timely and efficient manner.”

Helping Government Agencies Make the Most of Their Budgets

Initiate’s technology is also widely used to help government agencies of all sizes use information to boost efficiency. Government agencies are stymied at times because they have no easy way to access pertinent information across multiple systems. In combination with IBM InfoSphere software, Initiate software will expand capabilities for information governance and help agencies gain a single view of relevant information to better serve citizens.

Expands InfoSphere and Cognos Software for Integrating and Analysing Information

IBM will continue to support and enhance Initiate’s technologies while helping clients take advantage of the broader IBM portfolio. Customers will benefit from additional information management capabilities including: clinical analytics, information discovery and transformation and data warehousing and business intelligence.