Zacks Investment Research | Feb 14, 2019 03:29AM ET
VMware (NYSE:VMW) recently entered into partnerships with various healthcare organizations including Moffitt Cancer Center and VITAS Healthcare. Notably, the health centers will be leveraging the company’s robust healthcare solutions to improve cost and quality of patient care.
VMware’s continued innovations in the healthcare IT space resulted in the creation of a digital clinical workplace on a single device, Workspace ONE. This device benefits patients by not only helping them comprehend their diagnosis and alternative treatment options but also keeps the patients connected outside the four walls of the hospital by providing access to social media platforms and games.
VITAS Healthcare has deployed Workspace ONE in its daily operations. This helps healthcare providers in getting immediate access to patient information, while being away from the hospital. Since the solution can be deployed on hospital-owned or care provider’s personal devices, it benefited the company in reducing device related costs for clinical work station by 35%.
Moffitt Cancer Center uses the company’s NSX solutions to help protect patient information. Further, NSX allows the company to securely exchange research information with other universities and research centers around the world, lowering Moffitt’s legacy model expenses.
VMware, Inc. Price and Consensus
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