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Verizon, Health Evolution to Promote Connected Health

Health Evolution Partners (HEP) and Verizon Enterprise Solutions have established a strategic relationship to encourage innovation and adoption of connected HITs that help drive patient care improvements and better manage costs.

Under a new multiyear agreement recently announced, HEP, a healthcare buyout firm, and Verizon Connected Healthcare Solutions, the company's HIT practice group, will collaborate to identify and work with companies to spur the development and adoption of advanced IT solutions and applications in areas such as mobile health, telemedicine and health data management to help transform healthcare delivery in the US.

Demand for connected health technologies is expected to grow rapidly as the industry seeks to better manage costs and improve patient care by facilitating real-time care coordination, increasing patient engagement, and enabling information portability. The firms will leverage HEP's unique healthcare insight and Verizon's platform-based HIT portfolio of mobility, cloud, and IT offerings to accelerate transformative change by providing innovators with the ability to develop and scale connected HIT solutions and applications.

"The next generation of health IT will not be anchored to a desk," said David J. Brailer, MD, PhD, chairman of Health Evolution Partners. "Clinicians and patients will expect technologies that support mobility and virtual care. Advanced broadband, video-based technologies and wireless devices that incorporate geo-location capabilities and sensors will change the landscape of healthcare from development to delivery. Our relationship with Verizon demonstrates the importance of bringing these innovations to market."

"Strong collaboration across the healthcare ecosystem is essential to enabling health IT transformation," said Peter Tippett, MD, PhD, vice president and chief medical officer for Verizon Connected Healthcare Solutions. "Verizon is committed to building strategic relationships to help spur the adoption of connected health technologies. Health Evolution Partners stands out because of the firm's deep understanding of the healthcare industry and its proven ability to invest in innovative companies that are poised to play important roles in the future of healthcare."

Executives from HEP and Verizon Enterprise Solutions will discuss market opportunities in connected health during a session on mobility at this year's HEP Leadership Summit, an annual gathering of 350 world-class healthcare CEOs, innovators, investors, policy makers, and thought leaders, to be held April 25-27 at the Ritz-Carlton in Laguna Niguel, California.

Source: Verizon