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NEWS ARCHIVES ACROSS THEMES  
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Alliances, Partnerships & Consolidations
 


South Korean universities reach agreement with Elsevier for access to ScienceDirect
- 17 Jan 2018

A consortium of hundreds of South Korean universities has reportedly reached a new deal with scientific publisher Elsevier for access to ScienceDirect, a database containing content from 3500 academic journals and thousands of electronic books. The agreement includes price hikes between 3.5% and 3.9%. The publisher had earlier pushed for a 4.5% increase.

The universities will be seeking more concessions in future negotiations. According to Lee Chang Won, secretary general of the Korea University&College Library Association, Elsevier should abolish the minimum flat rate system, in which these universities have to pay for digital content that nobody reads. The Korea University&College Library Association, together with the Korean Council for University Education (KCUE), leads the consortium.

In May 2017, the association, the council, and other groups formed a consortium to represent 300 university and college libraries in negotiations with 42 database providers. The group took a hard line on Elsevier's proposed rate hike and also sought concessions on charges for open-access publications and little-used journals included in the database. When talks hit an impasse at the end of the year, the group organised a boycott under which the schools refused to renew their contracts. Elsevier agreed to provide access while negotiations continued.

Individual universities will now have the option of a 1-year renewal at an increase of 3.9% or a 3-year contract with yearly increases of 3.5%, 3.6%, and 3.7% above the 2017 baseline. Schools are expected to start concluding contracts with Elsevier this week. The publisher has however agreed to continue to provide access to ScienceDirect until documents are signed.

Singapore-based Elsevier spokesperson Jason Chan has confirmed that the publisher reached an agreement with the South Korean consortium for access to ScienceDirect through 2020 and has agreed to continue to discuss future access options.

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Elsevier and University of Oxford announce 5-year collaboration to support early career researchers in the field of mathematics and data science
- 16 Jan 2018

Elsevier, the information analytics business specialising in science and health, and the University of Oxford, a world-leading centre of learning, teaching and research and the oldest university in the English-speaking world, have announced their five-year collaboration to develop exceptional research talent in the field of mathematics and data science.

The initiative will enable five early career researchers from Oxford Mathematics to apply for the internationally competitive three-year Hooke and Titchmarsh Fellowship Program. Through this fellowship scheme the selected post-doc researchers are provided with opportunities to work alongside and learn from globally-distinguished academics who are at the forefront of the most profound advances in mathematics.

Throughout the five-year collaboration, Oxford Mathematics will also host a series of high-profile meetings and workshops which will bring together researchers from other UK and international institutions to engage on topics ranging from data science to fundamental problems in geometry and number theory.

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Wolters Kluwer Health to divest its procedure documentation and order set management software business, ProVation Medical
- 12 Jan 2018

Wolters Kluwer Health has signed an agreement to divest ProVation Medical, its procedure documentation and order set management software business, to Clearlake Capital Group, L.P. for $180 million (approximately €150 million) in cash.

The divestment reflects the Health division's increasing focus on supporting healthcare providers in delivering improved patient outcomes by offering a broad and cohesive suite of products, from healthcare learning and research, to advanced clinical decision support, terminology management and patient engagement. This broad-based, multispecialty and integrated range of solutions can most effectively help healthcare providers in improving outcomes and reducing variability in care.

ProVation Medical is the U.S. market-leader in gastroenterology procedure documentation software and is also a major supplier of order sets to hospitals and ambulatory surgery centers. The business had revenues of €65 million in 2016 and has approximately 200 employees.

Completion of the divestment is subject to customary closing conditions and is expected to take several months. Assuming completion, Wolters Kluwer intends to deploy the proceeds of the divestment towards additional share repurchases in order to mitigate the expected earnings dilution.

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Duke University Press, Mathematical Sciences Publishers and Project Euclid announce new publishing services partnership - Alloy: A Publishing Services Alliance
- 11 Jan 2018

Duke University Press, Mathematical Sciences Publishers (MSP), and Project Euclid have announced a new publishing partnership, Alloy: A Publishing Services Alliance.

Alloy was forged with two goals in mind - to offer journals the finest suite of non-profit publishing services available in the field, and to welcome publishers into a collaboration that treats journals as true partners, not just as clients or profit centers.

Each organisation will bring its own set of strengths, skills, and experience to the partnership. Alloy features editorial management supported by EditFlow from MSP; editing and production from MSP; marketing, sales, and customer relations from Duke University Press; and online presence from Project Euclid.

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Sírio-Libanês Hospital in Brazil strengthens medication safety with Wolters Kluwer's Lexicomp and Medi-Span
- 11 Jan 2018

Wolters Kluwer Health has announced the expansion of its partnership with Sírio-Libanês Hospital, an international health center in São Paulo, Brazil. The institution, which has relied on Wolters Kluwer's UpToDate® clinical decision support since 2010, recently adopted Lexicomp® Online drug reference and Medi-Span® embedded drug data. With these combined resources, Sírio-Libanês becomes the first institution in Brazil to implement the Advanced Clinical Decision Support (ACDS) solution. Hospital leaders believe the combined ACDS resources are essential to improving clinical effectiveness, particularly with regard to reduced medication errors and patient safety overall.

Sírio-Libanês Hospital is recognised for its 95-year history of excellence and leadership, as well as its pioneering role in healthcare and medical research in Brazil. The hospital cares for thousands of patients annually at its complex in São Paulo's Bela Vista district and three additional locations: a diagnostic center and ambulatory hospital in Itaim Bibi; a multidisciplinary clinic in Jardins; and an oncology center in Brasília.

The steady, sustained growth of UpToDate usage by the clinical staff served as one of the key reasons for choosing to deploy ACDS at Sírio-Libanês Hospital.

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