Siemens Healthineers expanding pop health focus with Medicalis acquisition
- Siemens Healthineers is purchasing Medicalis for an undisclosed sum, with the aim of growing its population health management business.
- Based in San Francisco and Kitchener, Ontario, Medicalis’ solutions target clinical decision support at point of order entry, imaging workflow management and referral management.
- In announcing the deal April 19, Siemens Healthineers said the newly acquired products will allow providers to bridge between population health management at the health system and department levels.
The offerings will be folded into Siemens Healthineers’ existing PHM portfolio, the company said, supporting its strategy for value-based care across healthcare organizations.
In October 2016, Siemens Healthineers, a relative newcomer to the pop health scene, and IBM Watson Health announced a global strategic alliance focused on population health management. The goal is to help providers transition to value-based care with a combination of IBM’s cognitive PHM products and services and Siemens consulting.
The global population health market is expected to reach $31.6 billion by 2020, growing at a compound annual growth rate of 23.2% from 2015, according to a 2016 report by MarketsandMarkets. The U.S. share of the market in 2015 was $8.5 billion, or 77%.