With just five and a half million people spread out over more than 100 million square miles of land — and a nationalized system pledged to provide high-quality free medical care to them all — the nation of Finland is about as perfect a testbed for connected health innovation as you can imagine. Add in a surplus of developers left over from Nokia’s mobile phone heyday, and you have a country with the means, motive and opportunity to jump into digital health with both feet.
When Apple launched Apple Health Records, a feature that lets users upload their health records from participating health systems onto their phone, in the spring, it sparked conversations about consumers’ access to health records and the entrance of major tech companies into the healthcare space.
Now the Department of Veterans Affairs is in talks with the Silicon Valley tech giant about the creation of a portable EHR specifically for veterans, the Wall Street Journal reports. According to the WSJ, who reviewed emails and spoke with unnamed sources about the initiative, what’s currently on the table is a new Apple software that would let the VA patients enrolled in the system transfer their records to their iPhone — a functionality that would likely be achieved via a version of Apple’s Health Records app.
Amazon Web Services has unveiled a new machine learning tool that looks to help healthcare industry developers process bodies of unstructured medical text.
Called Amazon Comprehend Medical, the HIPAA-eligible service is able to pull out medically-relevant information such as patient diagnoses, symptoms, medical test details, treatments and dosages, while simultaneously highlighting any protected health information.
The platform will now let users share health records with pharma companies, health systems and insurers for remuneration.
In yet another move into the healthcare space, Amazon Web Service (AWS) has added to its collection of HIPAA-eligible services, which now includes machine learning tools Amazon Translate, Amazon Comprehend and Amazon Transcribe.
This morning ResMed, maker of connected respiratory devices, announced that it is set to acquire MatrixCare, a Minnesota-based EHR company, for $750 million.
MatrixCare’s EHR is targeted towards long-term post acute care services, such as skilled nursing facilities, life plan communities and senior living homes.
The deal is expected to help ResMed expand its software-as-a-service offerings, specifically in the long-term care setting.
The deal is set to close by the end of the company’s second fiscal quarter in 2019. After the acquisition, MatrixCare is expected to remain a standalone business inside of ResMed’s portfolio.
When it comes to the challenges of raising an up-and-coming young company into a major player in its industry, former Apple and Pepsi CEO John Sculley is no spring chicken. A serial entrepreneur and investor across numerous industries ranging from consumer technology to data management to telecommunications, Sculley has set his sights on the healthcare and currently serves as the chairman of hopeful PBM disruptor RxAdvance.
Ted Tanner is Co-Founder, CTO of PokitDok and a creator of DokChain, PokitDok’s blockchain for healthcare. He has published articles in leading technical magazines and holds patents in the areas of blockchain, semantics, machine learning, signal processing and signal protection.
Amazon, the world’s ubiquitous online store, revealed today it is collaborating with Warren Buffet, who heads Berkshire Hathaway, and the bank JPMorgan Chase to build an independent, nonprofit healthcare company with the goal of increasing user satisfaction and reducing costs.