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Health IT Roundup—IBM buys Red Hat for $34B; More acute care hospitals engaged in interoperability

October 29, 2018 / Evan Sweeney

IBM has agreed to buy a leading provider of open source cloud software for $34 billion. The tech giant's purchase of Red Hat makes it the “world’s #1 hybrid cloud provider” according to IBM President and CEO Ginni Rometty. "The acquisition of Red Hat is a game-changer,” she said. “It changes everything about the cloud market.” Red Hat will operate as a distinct unit in IBM’s Hybrid Cloud team. IBM is among the six big tech companies that recently pledged to support interoperability in healthcare. Though interoperability still lags across healthcare, a new snapshot shows significant growth in the number of hospitals that can send, receive, find and integrate healthcare data. More than 40% of acute care hospitals can perform all four interoperability domains, up from 29% last year. Much of those gains have come from hospitals that can find data (61%) or integrate data (53%).