IBM Watson Health to buy Truven Health Analytics for $2.6 billion
Truven will bring more than 8,500 clients, including U.S. federal and state government agencies, employers, health plans, hospitals, clinicians and life sciences companies to the IBM Watson Health portfolio.
Upon completion of the acquisition, IBM’s health cloud will house one of the world’s largest and most diverse collections of health-related data, representing an aggregate of approximately 300 million patient lives acquired from three companies1.
IBM plans to integrate Truven’s extensive cloud-based data set spanning hundreds of different types of cost, claims, quality and outcomes information with its existing data sets.
Truven Health Analytics represents IBM’s fourth major health-data related acquisition since launching the Watson Health unit in April 2015.
Upon close, IBM will have invested more than $4 billion to acquire and build cognitive healthcare capabilities.
Data and insights from Truven inform benefit decisions for one in three Americans.
Upon close, the acquisition of Truven will bolster Watson Health’s global talent footprint to more than 5,000 employees, including hundreds of clinicians, epidemiologists, statisticians, healthcare administrators, policy experts and healthcare consultants who will join the IBM business unit.
Truven’s cloud-based technology, methodologies and health claims data will be integrated into the Watson Health Cloud over time. ■