IBM and Information-Based Medicine
Nancy Weil, New IBM Unit Integrates Drug Research, Healthcare. HealthIT World. Jan 13 2004.
"IBM has started a new business unit focused on medicine within its life science division, promising to help customers integrate healthcare data, including research, genetic tests, patient medical records, clinical trials records, and medical images…IBM has coined the phrase ‘information-based medicine’ to describe its approach to integrating, mining, analyzing, and managing medical data from a variety of sources."
"…’What we see happening is the convergence between life sciences, healthcare, and IT,’ [VP Mike] Svinte said. ‘The thought is that convergence really has the ability to change the way healthcare is delivered, to change the diagnosis and treatment.’"
"…The field of information-based medicine is so new that a successful business model has not yet been clearly defined…The key question is who will pay for such data-integration systems."