Services and products: Verizon Connected Healthcare Solutions, a dedicated practice group that delivers tailored IT systems for the healthcare sector, was created in 2009. Verizon provides a broad array of security, hosting, storage, collaboration, networking, and professional services to clients including hospitals, life sciences companies, and doctors' offices. Its healthcare IT offerings include Verizon Medical Data Exchange, Verizon Health Information Exchange, and Verizon Telehealth Collaboration Services.
Value to healthcare providers: Due new federal requirements and an increased focus on using technology to improve healthcare, Verizon is seeing strong interest in its healthcare IT consulting services and data exchange services, as well as telehealth systems. Verizon Health Information Exchange, launched in July 2010, uses Verizon's cloud-computing platform to help healthcare providers solve the problem of incompatible health IT platforms and data storage. It translates the information into a standardized format for secure access over the Web.