What You Should Know:
- Microsoft Cloud for Healthcare announced it is expanding its portfolio of interoperability data services for the health and life sciences industry with Azure Healthcare APIs.
- Built for the requirements of Protected Health Information (PHI), Azure Healthcare APIs enable customers with a platform as a service (PaaS) to ingest, manage, and persist data in the Microsoft Cloud for Healthcare. Anyone working with health data can
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Healthcare Cloud| Cloud in Healthcare, News, Analysis, Insights - HIT Consultant
Jvion Launches Clinical AI on the Innovaccer Health Cloud
What You Should Know:
- Jvion, a leader in clinical artificial intelligence (AI), today announced that its AI-powered prescriptive insights, powered by the Jvion CORE™, are now available on the Innovaccer Health Cloud.
- Innovaccer’s integration with Jvion’s clinical AI to help more than 37,000 providers go beyond risk prediction to prescriptive interventions, resulting in better care and reduced healthcare costs. Innovaccer became healthcare’s latest unicorn this year when a Series D
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Cloud Technology and Healthcare Evolution: Microsoft in the Spotlight
In April, software giant Microsoft made a lot of headlines announcing its multibillion-dollar acquisition of Nuance, the cloud-based clinical intelligence developer best known to healthcare providers for its Dragon and PowerScribe speech-recognition products.
Business analysts and reporters zeroed in on impressive financial details and utilization potential for “ambient AI” technologies in health settings. But more than anything, the deal shows how serious Microsoft is about its healthcare IT
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HCA Healthcare Taps Google Cloud to Create New Health Data Analytics Platform
What You Should Know:
- HCA Healthcare, one of the nation’s leading healthcare providers, is partnering with Google Cloud to help create a secure health data analytics platform.
- The partnership will leverage HCA Healthcare’s 32 million annual encounters to identify opportunities to improve clinical care. Note that privacy and security are guiding principles of the partnership, and Google Cloud will not have
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Innovaccer Launches Enterprise Data Platform for Payers on the Innovaccer Health Cloud
What You Should Know:
- Innovaccer, Inc., a San Francisco, CA-based healthcare technology company, has launched its Enterprise Data Platform for payers on the Innovaccer Health Cloud.
- The solution will enable healthcare payers to accelerate digital transformation, facilitate interoperability, foster collaboration across stakeholders in the healthcare ecosystem, and comply with regulatory requirements.
- Fragmented data and siloed applications have caused inefficiencies for U.S.
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Google Cloud Expands Intelligent Vaccine Impact Solution to Support Vaccine Equity
What You Should Know:
- Google Cloud today launched an expanded virtual agent as part of its Intelligent Vaccine Impact solution (IVIs). People will be able to schedule vaccine appointments and ask common questions through a virtual agent, Contact Center AI.
- Contact Center AI (CCAI), one core component of the Intelligent Vaccine Impact solution, scales call center human operations with intelligent virtual agents that understand, interact and can talk with people 24/7 in real-time,
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Led by Sequoia, Benchling Raises $200M to Accelerate R&D Cloud Platform
- Today Benchling, the leading life and sciences R&D cloud, announced a $200M Series E raise led by Sequoia Capital Global Equities and joined by Altimeter Capital, Byers Capital, and Elad Gil. This funding will be used to aggressively invest in product development and global expansion to support enterprise customers. The raise is also joined by existing investors Thrive Capital, Benchmark, Menlo Ventures, Alkeon Capital, ICONIQ, Lux Capital, Spark Capital, and Lead Edge Capital.
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Q1 2021 Health IT/Digital Health PC/VE, M&A, IPOs/ SPACs Activity
The first quarter of 2021 has been one of investor optimism as the vaccine rollout continues ahead of expectations and economic activity begins to accelerate in response. Within the Health IT industry, the already strong investment and M&A trends seen in 2020 have only accelerated. Over the course of the quarter, we observed $7 billion in private equity and venture capital investment across 158 companies.
By comparison, Q1 of 2020 saw $3.2 billion and 127 investments. Health IT
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M&A: Microsoft Acquires Nuance for $20B to Accelerate Healthcare Cloud Strategy
What You Should Know:
- Today, Microsoft Corporation (Nasdaq: MSFT) and Nuance Communications, Inc. (Nasdaq: NUAN) announced they have entered into a definitive agreement under which Microsoft will acquire Nuance for $16B. Financial terms of the all-cash deal details Microsoft paying $56 per Nuance share, a 23% premium over Friday’s closing price with a total value including debt at $19.7 billion.
- Microsoft’s acquisition
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Why the Digital-First, Patient-Centered Care is Critical to Healthcare
In the turmoil of one of the hardest years the healthcare industry has experienced, many healthcare organizations innovated nearly overnight, transforming bedside tablets into virtual care providers and parking garages into field hospitals. Through the help of agile, flexible technology, healthcare has empowered providers to support patient care anywhere.
The pandemic created a tipping point: The healthcare industry must accelerate its drive toward a digital-first mentality.
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