Siemens to Inject $133M into UM’s Precision Medicine Institute

By Fred Donovan

July 15, 2019 - Siemens Healthineers is ponying up $133 million in medical imaging equipment and supporting health IT infrastructure to the University of Missouri (UM) System’s new NextGen Precision Health Institute.

The institute’s new facility in Columbia, MO, will include laboratories, classrooms, and space for faculty and researchers, along with industry partners, to work on precision medicine and digital health initiatives.

The institute will be among first Midwest facilities to install the MAGNETOM Terra 7 Tesla (7T) MRI scanner. The UM System will use the MAGNETOM Terra in both clinical and research settings with a focus on furthering ultra-high field MRI capabilities.

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The UM System will also use Siemens Healthineers’ artificial intelligence and healthcare digitalization resources to enhance clinical and operational outcomes. The UM System will install the syngo Virtual Cockpit, software that enable radiologists to connect remotely to assist personnel at rural and remote locations, especially where more sophisticated examinations are required.

Separately, Siemens Healthineers, the UM System, and the University of Missouri Health Care have agreed to form the Alliance for Precision Health and contribute up to $40 million to the alliance’s work in precision medicine.

The alliance will focus on four key pillars: healthcare delivery, education and workforce development, healthcare innovation, and research and collaboration.

“Forming an alliance with Siemens Healthineers enables us to work toward this mission by providing our university and health system with leading-edge technology and resources, unique research and collaboration opportunities, training for the next generation of the healthcare workforce, and expansion of our contributions to medicine and healthcare to rural Missouri and beyond,” said UM System President Mun Choi.

Added David Pacitti, president and head of the Americas at Siemens Healthineers. “This unique alliance leverages the engineering expertise of Siemens Healthineers along with our innovative systems and services in tandem with the research and education acumen of the UM System and the clinical expertise of MU Health Care to both transform the way that healthcare is delivered and train the clinical and engineering workforce of the future.”

Siemens Healthineers and UM System researchers will also work together to propose future research projects that use the UM System’s research expertise and Siemens Healthineers’ in vivo and in vitro diagnostic equipment, data analysis, and scientific support.

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Siemens to Inject $133M into UM’s Precision Medicine Institute

Siemens Healthineers is ponying up $133 million in medical imaging equipment and health IT infrastructure to the University of Missouri (UM) System’s new NextGen Precision Health Institute.

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