Truven Health Analytics

Truven Health Analytics, currently operating as part of Merative, provides data, analytical tools, and research services to the healthcare sector. The company originated as the healthcare division of Thomson Reuters. In 2012, this division was sold to the private equity firm Veritas Capital for $1.25 billion and was established as an independent entity named Truven Health Analytics. The name itself is a blend of the words "trusted" and "proven".

A significant milestone in the company's history was its acquisition by IBM in February 2016 for $2.6 billion. Truven was integrated into the IBM Watson Health business unit, a move intended to combine Truven's vast healthcare data with Watson's cognitive computing capabilities. This acquisition brought a substantial portfolio of over 8,500 clients, including U.S. federal and state government agencies, employers, health plans, hospitals, clinicians, and life sciences companies. Following this, in 2022, IBM sold the Watson Health assets, including Truven, to the private equity firm Francisco Partners, which then launched the standalone healthcare data company, Merative.

The firm's business model is centered on offering cloud-based analytics and data-driven insights as a service. It serves a wide array of clients across the healthcare ecosystem, helping them to improve quality of care and reduce costs. The company's product portfolio includes solutions like Health Insights, MarketScan, and Micromedex. These platforms offer performance improvement solutions built on data integrity and advanced analytics. For example, the MarketScan Research Databases provide de-identified patient-level data for healthcare research. Micromedex is an evidence-based clinical knowledge database used by healthcare professionals for diagnosis and treatment decisions. By providing these detailed datasets and analytical tools, the company enables clients such as hospitals, government agencies, and pharmaceutical companies to analyze costs, manage operational performance, and conduct research.

Keywords: healthcare analytics, real-world data, health data management, clinical decision support, provider performance management, value-based care, population health, healthcare cost analysis, life sciences solutions, government health agencies, health plan analytics, employer health solutions, MarketScan, Micromedex, Health Insights, clinical research data, healthcare benchmarks, medical claims data, treatment cost calculator, payment integrity, health outcomes research