Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards
ThinkAdvisor

Life Health > Health Insurance

SAP unveils software for doctor data-sharing after CEO accident

X
Your article was successfully shared with the contacts you provided.

(Bloomberg) — SAP SE Chief Executive Bill McDermott is back traveling and attending meetings after finding out in September he’d lose an eye following a severe household accident in July. Based on his recovery experience, the chief executive officer is moving the German business software company deeper into programs that can improve communications and information sharing for doctors.

See also: Intel executive: Let my health records go

SAP (NYSE:SAP) on Tuesday announced Foundation for Health, a new product that lets doctors and researchers collect and analyze medical data such as research, electronic health records and human genome sequences in a single system. The idea is to let doctors and researchers customize new drugs and treatments for individuals as well as groups.

The company also released Medical Research Insights, which helps group patients for clinical trials.

“By unlocking patient data and uncovering real insights, not just patients but research organizations, life-science companies and research institutes can use technology to realize the full potential of that information and transform the health care sector into personalized medicine,” Bernd Leukert, SAP executive board member for technology, said at an event in Frankfurt Tuesday. CEO McDermott is an avid supporter of the software and has pushed the initiative in the aftermath of his accident, a spokeswoman said.

See also: Tech CEO to feds: Police health IT standards

SAP, which will post an expected $22.3 billion in sales this year, already sells health care software for patient administration, billing and managing clinical trials. The company, based in Walldorf, Germany, is the biggest supplier of business applications for managing companies’ finances, manufacturing and other operations.

The new medical program stores information in SAP database software called Hana, which claims 10,000 customers and is meant to persuade businesses that run SAP applications to use its products for storing the underlying data, instead of buying databases from competitors including Oracle Corp.

McDermott fell down the stairs in the night at his brother’s house in the United States in July and landed on a shattered water glass, cutting his face, rendering him unconscious and lodging a piece of glass in his eye. He spent a week in an intensive care unit and found out in September he would lose the eye.

In promotional materials, SAP has emphasized on the technical aspects of the Hana system. The company has not discussed any arrangements intended to help users overcome privacy-related restrictions on the sharing of health care information.


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.