Siemens Healthineers expanding pop health focus with Medicalis acquisition

Dive Brief:

  • 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.

Dive Insight:

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%.

Filed Under: Health IT