Amazon.com Inc. AMZN 0.01% is starting to sell software that mines patient medical records for information doctors and hospitals could use to improve treatment and cut costs. The move is the latest by a big technology company into health care, an industry where it sees opportunities for growth.
The market for storing and analyzing health information is worth more than $7 billion a year, according to research firm Grand View Research, a business in which International Business Machines Corp.’s Watson Health and UnitedHealth Group Inc.’s Optum already compete.
The Wall Street Journal previously reported that Apple Inc. is talking with the Department of Veterans Affairs about software to allow veterans to transfer their health records to iPhones, and that Alphabet Inc.’s Google had hired a prominent hospital-system chief to oversee the company’s various health-care efforts.
The new Amazon software can read digitized patient records and other clinical notes, analyze them and pluck out key data points, Amazon said. The company announced the software, first reported by the Journal, on Tuesday.
More
DelMarVa's Premier Source for News, Opinion, Analysis, and Human Interest Contact Publisher Joe Albero at alberobutzo@wmconnect.com or 410-430-5349
3 comments:
So, no more HIPAA?
9:25 AM apparently not. all about $$$
My question exactly
and what about the breech Amazon just had and refuses to talk about?
I really want them to have my data....NOT
Post a Comment