NEW YORK – Verizon Chairman and CEO Lowell McAdam, in an address to the World Health Care Congress this week (April 17), detailed the challenges facing the U.S. healthcare delivery system and highlighted Verizon’s efforts to help transform it through the use of information technology. McAdam pointed out that for true change to occur, both healthcare providers and consumers must be on board.
As part of Verizon’s commitment to the healthcare marketplace, McAdam announced that the company will form a strategic relationship with NantWorks LLC, a California-based technology and healthcare company. This initiative follows Verizon’s recent combining of the company’s wired and wireless services and IT and network assets to form an integrated health IT organization.
The companies will leverage NantWorks’ unique set of healthcare technologies and Verizon’s platform-based health IT portfolio of mobility, cloud and IT offerings to accelerate significant change through highly scalable, connected health IT solutions.
“Today’s healthcare market operates in silos without the ability to share patient and clinical data at even the most basic levels," said McAdam. "Verizon is focused on enabling the transformation of the healthcare industry through the strategic use of technology that will ultimately lead to significant improvements in the U.S. health care system."