3M Health Information Systems, Verily Life Sciences to create population health measurement technology

3M Health Information Systems, a business of 3M, and Verily Life Sciences, an Alphabet company, entered into a strategic agreement. Together, they will develop new population health measurement technology for managing clinical and financial performance.

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The joint technology platform will be designed to analyze quality performance data and deliver actionable information. It will assess readmissions and mortality, complications and cost measures, such as like length of stay and specific service line costs.

The platform will combine 3M’s experience in health data coding and classification and its risk stratification methodologies with Verily’s expertise in data analytics and the development of software tools and algorithms.

“This collaboration reflects our commitment to continued innovation in health information systems that address real-world problems facing health care today, while protecting the privacy and security of health data,” said JaeLynn Williams, vice president and general manager at 3M Health Information Systems, in a statement.

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