IBM Picks Up Explorys and Phytel

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Posted 2 years ago

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IBM Picks Up Explorys and PhytelIBM has acquired two tech startups: Explorys and Phytel.

Phytel offers cloud-based services in the healthcare space.

Explorys, also a healthcare startup, specializes in intelligence data.

Stephen McHale, CEO and co-founder, Explorys said “Every encounter that a patient has across the continuum of care spins off a meaningful piece of data that can help tell the whole story about an individual’s health to improve the quality and effectiveness of their care…Information is changing the way care is delivered and paid for. The combination of Explorys technology with IBM’s powerful Health Cloud and Watson cognitive capabilities will expand the reach of health insights so that Big Data can finally be used more easily to transform healthcare. This relationship will not only accelerate but enhance many of the projects underway with our provider organizations.”

Steve Schelhammer, CEO of Phytel, said “Phytel was founded on the principle of delivering patients continuous proactive care and providing collective information about the ongoing health of patients across entire communities…By combining our powerful population health management capabilities with the cognitive insight of IBM, once the acquisition closes, together we will help providers turn insight into action to improve health quality.”

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