|By PR Newswire||
|February 20, 2014 11:41 AM EST||
NEW YORK, Feb. 20, 2014 /PRNewswire/ -- Today Deloitte Consulting LLP announces the launch of ConvergeHEALTH by Deloitte, a business unit that supports the data-driven transformation of health care through the application of insights derived from new data, analytics, transformational services and collaborative business models. The formation of ConvergeHEALTH is one part of a $150-200 million investment Deloitte is making in life sciences and health care analytics, which comes at a critical time as health care and life sciences organizations are facing new challenges driven by changing reimbursement models, technological and scientific innovation and increased regulatory and safety pressures.
ConvergeHEALTH combines Deloitte's advanced capabilities in health analytics with its market-leading services in consulting. Kennedy named Deloitte a global leader in information management and analytics consulting based on capabilities, and Gartner ranked Deloitte No. 1 globally in consulting based on 2012 revenue.*
"As a result of the shift towards value-based reimbursement and personalized health care, our clients are facing new challenges that fundamentally change the way they will operate," said Brett Davis, principal, Deloitte Consulting LLP and general manager of ConvergeHEALTH. "To survive and thrive in this new paradigm, new solutions are required that combine strategy and transformational services with data, content, analytics and insights along with new business and operating models. ConvergeHEALTH is committed to bringing these innovative, integrated solutions to our clients through collaborations with leaders like Intermountain Healthcare as they become data-driven organizations."
"Intermountain Healthcare understands 'best care' and how to achieve it on a consistent basis; higher quality means significant elimination of waste and significant reduction in the cost of care delivery," said Brent James, M.D., chief quality officer, Intermountain Healthcare. "Intermountain had the data. Deloitte had the consulting services and the distribution network to make that better care widely available."
"Deloitte has long been a leader in helping our clients transform their businesses through novel applications of technology. The investment in ConvergeHEALTH has accelerated our ability to deliver integrated analytics and insights to our clients," said Andrew Vaz, chief innovation officer for Deloitte Consulting LLP. "As a result, Deloitte is uniquely positioned to help our clients on this transformative journey, and this investment represents our ongoing commitment to their success."
ConvergeHEALTH will initially provide solutions in three key areas:
- Clinical and Operational Excellence: Analytics, services and insights to help health systems optimize business and clinical processes, reduce variation, enhance programs and improve patient safety, productivity and margin to offer higher quality care with lower costs.
- Value Based Care: Solutions and insights to improve population health management and clinical outcomes, manage risk, reduce unwarranted variation, coordinate care, leverage evidence-based guidelines and support new reimbursement models.
- Research Excellence: Solutions and insights to improve clinical and translational research capabilities, enable personalized, genomic medicine, support comparative effectiveness analyses leveraging real world evidence and improve safety and disease surveillance programs.
These solutions and new capabilities not only leverage Deloitte's service capabilities but also combine them with new content, software platforms, analytics tools and collaborations. They also leverage capabilities, solutions and products from consolidating our analytic content and capabilities into ConvergeHEALTH and the formation of Deloitte Health Informatics and the landmark collaboration with Intermountain Healthcare.
"Deloitte's Life Sciences and Health Care practice brings deep and broad capabilities in health care, life sciences, health plans and government," said Jason Girzadas, principal, Deloitte Consulting LLP, and leader of Deloitte's national life sciences and health care consulting practice. "ConvergeHEALTH extends these capabilities by providing market-leading health care solutions through teaming with leading health institutions, providing the applied analytics solutions, data, insights and services to solve some of the most important issues facing our clients. We feel that these solutions will help our clients excel at research as well as health system performance and bring to market critical innovations around accountable care."
ConvergeHEALTH will showcase its new solutions at the HIMSS14 conference in Orlando, Fla., on February 23-26 in Booth 1611.
*Source: Gartner, Market Share Analysis: Consulting Services, Worldwide, 2012, Jacqueline Heng, April 23, 2013
ConvergeHEALTH brings powerful, demonstrated analytics platforms and data models from Recombinant by Deloitte, advanced proprietary and open source analytics, content and benchmarks through collaboration with industry leaders and deep experiences from Deloitte's Life Sciences and Health Care consulting practice to help our clients survive and thrive in the new paradigm of value-based, personalized medicine. For more information, visit www.converge-health.com.
About Intermountain Healthcare
Intermountain Healthcare is a Utah-based nonprofit system of 22 hospitals, 185 clinics, a medical group with some 1,000 employed physicians, a health plans division called SelectHealth and other health services. Intermountain is widely recognized as a leader in transforming health care through high quality and sustainable costs. For more information about Intermountain, visit www.intermountainhealthcare.org.
As used in this document, "Deloitte" means Deloitte Consulting LLP, a subsidiary of Deloitte LLP. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting.
Copyright © 2014 Deloitte Development LLC. All rights reserved.
SYS-CON Events announced today that Red Hat, the world's leading provider of open source solutions, will exhibit at Internet of @ThingsExpo, which will take place on November 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. Red Hat is the world's leading provider of open source software solutions, using a community-powered approach to reliable and high-performing cloud, Linux, middleware, storage and virtualization technologies. Red Hat also offers award-winning support, training, and consulting services. As the connective hub in a global network of enterprises, partners, a...
Oct. 20, 2014 01:45 PM EDT Reads: 454
Software AG helps organizations transform into Digital Enterprises, so they can differentiate from competitors and better engage customers, partners and employees. Using the Software AG Suite, companies can close the gap between business and IT to create digital systems of differentiation that drive front-line agility. We offer four on-ramps to the Digital Enterprise: alignment through collaborative process analysis; transformation through portfolio management; agility through process automation and integration; and visibility through intelligent business operations and big data.
Oct. 20, 2014 01:45 PM EDT Reads: 1,383
The Internet of Things (IoT) is making everything it touches smarter – smart devices, smart cars and smart cities. And lucky us, we’re just beginning to reap the benefits as we work toward a networked society. However, this technology-driven innovation is impacting more than just individuals. The IoT has an environmental impact as well, which brings us to the theme of this month’s #IoTuesday Twitter chat. The ability to remove inefficiencies through connected objects is driving change throughout every sector, including waste management. BigBelly Solar, located just outside of Boston, is trans...
Oct. 20, 2014 01:00 PM EDT Reads: 628
The Transparent Cloud-computing Consortium (abbreviation: T-Cloud Consortium) will conduct research activities into changes in the computing model as a result of collaboration between "device" and "cloud" and the creation of new value and markets through organic data processing High speed and high quality networks, and dramatic improvements in computer processing capabilities, have greatly changed the nature of applications and made the storing and processing of data on the network commonplace.
Oct. 20, 2014 01:00 PM EDT Reads: 1,401
The Internet of Things (IoT) is going to require a new way of thinking and of developing software for speed, security and innovation. This requires IT leaders to balance business as usual while anticipating for the next market and technology trends. Cloud provides the right IT asset portfolio to help today’s IT leaders manage the old and prepare for the new. Today the cloud conversation is evolving from private and public to hybrid. This session will provide use cases and insights to reinforce the value of the network in helping organizations to maximize their company’s cloud experience.
Oct. 20, 2014 12:00 PM EDT Reads: 1,744
Things are being built upon cloud foundations to transform organizations. This CEO Power Panel at 15th Cloud Expo, moderated by Roger Strukhoff, Cloud Expo and @ThingsExpo conference chair, will address the big issues involving these technologies and, more important, the results they will achieve. How important are public, private, and hybrid cloud to the enterprise? How does one define Big Data? And how is the IoT tying all this together?
Oct. 20, 2014 12:00 PM EDT Reads: 1,449
TechCrunch reported that "Berlin-based relayr, maker of the WunderBar, an Internet of Things (IoT) hardware dev kit which resembles a chunky chocolate bar, has closed a $2.3 million seed round, from unnamed U.S. and Switzerland-based investors. The startup had previously raised a €250,000 friend and family round, and had been on track to close a €500,000 seed earlier this year — but received a higher funding offer from a different set of investors, which is the $2.3M round it’s reporting."
Oct. 20, 2014 09:00 AM EDT Reads: 1,377
Predicted by Gartner to add $1.9 trillion to the global economy by 2020, the Internet of Everything (IoE) is based on the idea that devices, systems and services will connect in simple, transparent ways, enabling seamless interactions among devices across brands and sectors. As this vision unfolds, it is clear that no single company can accomplish the level of interoperability required to support the horizontal aspects of the IoE. The AllSeen Alliance, announced in December 2013, was formed with the goal to advance IoE adoption and innovation in the connected home, healthcare, education, aut...
Oct. 19, 2014 11:45 PM EDT Reads: 1,231
The Industrial Internet revolution is now underway, enabled by connected machines and billions of devices that communicate and collaborate. The massive amounts of Big Data requiring real-time analysis is flooding legacy IT systems and giving way to cloud environments that can handle the unpredictable workloads. Yet many barriers remain until we can fully realize the opportunities and benefits from the convergence of machines and devices with Big Data and the cloud, including interoperability, data security and privacy.
Oct. 19, 2014 10:00 PM EDT Reads: 1,355
All major researchers estimate there will be tens of billions devices - computers, smartphones, tablets, and sensors - connected to the Internet by 2020. This number will continue to grow at a rapid pace for the next several decades. Over the summer Gartner released its much anticipated annual Hype Cycle report and the big news is that Internet of Things has now replaced Big Data as the most hyped technology. Indeed, we're hearing more and more about this fascinating new technological paradigm. Every other IT news item seems to be about IoT and its implications on the future of digital busines...
Oct. 19, 2014 09:00 PM EDT Reads: 1,565
Cultural, regulatory, environmental, political and economic (CREPE) conditions over the past decade are creating cross-industry solution spaces that require processes and technologies from both the Internet of Things (IoT), and Data Management and Analytics (DMA). These solution spaces are evolving into Sensor Analytics Ecosystems (SAE) that represent significant new opportunities for organizations of all types. Public Utilities throughout the world, providing electricity, natural gas and water, are pursuing SmartGrid initiatives that represent one of the more mature examples of SAE. We have s...
Oct. 19, 2014 07:30 PM EDT Reads: 1,291
IoT is still a vague buzzword for many people. In his session at Internet of @ThingsExpo, Mike Kavis, Vice President & Principal Cloud Architect at Cloud Technology Partners, will discuss the business value of IoT that goes far beyond the general public's perception that IoT is all about wearables and home consumer services. The presentation will also discuss how IoT is perceived by investors and how venture capitalist access this space. Other topics to discuss are barriers to success, what is new, what is old, and what the future may hold.
Oct. 19, 2014 11:00 AM EDT Reads: 1,611
The Internet of Things needs an entirely new security model, or does it? Can we save some old and tested controls for the latest emerging and different technology environments? In his session at Internet of @ThingsExpo, Davi Ottenheimer, EMC Senior Director of Trust, will review hands-on lessons with IoT devices and reveal privacy options and a new risk balance you might not expect.
Oct. 19, 2014 11:00 AM EDT Reads: 1,812
Swiss innovators dizmo Inc. launches its ground-breaking software, which turns any digital surface into an immersive platform. The dizmo platform seamlessly connects digital and physical objects in the home and at the workplace. Dizmo breaks down traditional boundaries between device, operating systems, apps and software, transforming the way users work, play and live. It supports orchestration and collaboration in an unparalleled way enabling any data to instantaneously be accessed on any surface, anywhere and made interactive. Dizmo brings fantasies as seen in Sci-fi movies such as Iro...
Oct. 18, 2014 10:00 PM EDT Reads: 1,763
There’s Big Data, then there’s really Big Data from the Internet of Things. IoT is evolving to include many data possibilities like new types of event, log and network data. The volumes are enormous, generating tens of billions of logs per day, which raise data challenges. Early IoT deployments are relying heavily on both the cloud and managed service providers to navigate these challenges. In her session at 6th Big Data Expo®, Hannah Smalltree, Director at Treasure Data, to discuss how IoT, Big Data and deployments are processing massive data volumes from wearables, utilities and other mach...
Oct. 18, 2014 05:00 PM EDT Reads: 1,842
This Internet of Nouns trend is still in the early stages and many of our already connected gadgets do provide human benefits over the typical infotainment. Internet of Things or IoT. You know, where everyday objects have software, chips, and sensors to capture data and report back. Household items like refrigerators, toilets and thermostats along with clothing, cars and soon, the entire home will be connected. Many of these devices provide actionable data - or just fun entertainment - so people can make decisions about whatever is being monitored. It can also help save lives.
Oct. 18, 2014 03:30 PM EDT Reads: 1,556
All major researchers estimate there will be tens of billions devices – computers, smartphones, tablets, and sensors – connected to the Internet by 2020. This number will continue to grow at a rapid pace for the next several decades. With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo in Silicon Valley. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be!
Oct. 18, 2014 08:00 AM EDT Reads: 2,600
Whether you're a startup or a 100 year old enterprise, the Internet of Things offers a variety of new capabilities for your business. IoT style solutions can help you get closer your customers, launch new product lines and take over an industry. Some companies are dipping their toes in, but many have already taken the plunge, all while dramatic new capabilities continue to emerge. In his session at Internet of @ThingsExpo, Reid Carlberg, Senior Director, Developer Evangelism at salesforce.com, to discuss real-world use cases, patterns and opportunities you can harness today.
Oct. 18, 2014 08:00 AM EDT Reads: 1,761
Arrow Electronics Inc. announced its Internet of Things Immersions Roadshow that will showcase how “Interconnected Intelligence” is changing the way the world interacts and solves problems with technology. The Immersions tour will engage the world’s top technology leaders to discuss comprehensive Internet of Things (IoT) building blocks and how businesses can leverage Interconnected Intelligence to improve lives throughout the world. With forums in four key U.S. markets, Arrow connects technology developers with leading-edge suppliers to provide insights about IoT technologies and services,...
Oct. 17, 2014 05:30 PM EDT Reads: 1,462
The Internet of Things is not new. Historically, smart businesses have used its basic concept of leveraging data to drive better decision making and have capitalized on those insights to realize additional revenue opportunities. So, what has changed to make the Internet of Things one of the hottest topics in tech? In his session at Internet of @ThingsExpo, Chris Gray, Director, Embedded and Internet of Things, will discuss the underlying factors that are driving the economics of intelligent systems. Discover how hardware commoditization, the ubiquitous nature of connectivity, and the emergen...
Oct. 17, 2014 04:00 PM EDT Reads: 1,717