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Why AI for admin will be a top healthcare investment area for 2021 |
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Ohio–based AI workforce startup Olive snapped up fellow AI provider Verata Health to help it streamline the prior authorization process in healthcare. This news arrives on the heels of Olive’s $225 million funding round that vaulted it to unicorn status at an overall valuation of $1.5 billion. The company’s tech could help abate the physician burnout crisis that’s been exacerbated amid the pandemic. |
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Android’s version of “Apple Health Records” wasn’t made by Google—and that’s a good thing |
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CommonHealth created an Android app that lets users retrieve and share their personal health data from their medical records, and it’s now linked to 230 US health systems. Notably, the Android app isn’t operated or created by Google: It was instead developed by a nonprofit, dubbed The Common Project, whose trustees include HHS representatives and health execs from Google, One Medical, and Oscar. |
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Ro’s telehealth diversification play is a sign that mass telehealth acquisitions are on the horizon |
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Ro–a pharmacy delivery vendor and telemedicine provider–is expanding its scope of care delivery services with its acquisition of Workpath, a software developer that deploys nearby clinicians to patients’ homes for blood draws and nurse visits. Telemedicine is in a boom period, but there’s plenty of care that can’t be delivered virtually–so, a move into home–based care could make Ro relevant for a litany of care needs. |
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Amazon is cozying up in all corners of the healthcare ecosystem–AI is its next frontier |
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Amazon Web Services (AWS) launched Amazon HealthLake–a new HIPAA–eligible platform that lets healthcare organizations seamlessly store, transform, and analyze data in the cloud. Healthcare organizations have been embracing the cloud and AI tools like this to optimize the value they get from the vast troves of data at their fingertips. |