Amazon’s new healthcare approach mines medical records
Amazon is now selling software that “mines” medical records of patients to find ways to improve care and lower costs for providers, according to a report from The Wall Street Journal.
Amazon has several other forays into the healthcare space, including a joint venture with Berkshire Hathaway and JPMorgan Chase to create a new entity that focuses on improving healthcare for employees of the three companies.
The latest move takes aim at a market worth more than $7 billion a year, to store and analyze health information, according to the report. The software reads digitized patient records using deep learning to find specific data points.
Demand for this capability is likely to increase.
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Amy joined TriMed Media as a Senior Writer for HealthExec after covering home care for three years. When not writing about all things healthcare, she fulfills her lifelong dream of becoming a pirate by sailing in regattas and enjoying rum. Fun fact: she sailed 333 miles across Lake Michigan in the Chicago Yacht Club "Race to Mackinac."