Truveta
Fourteen health systems are building their own health-tech startup.
They ll use big tech for some things, but also build special software to sift through provider data.
Truveta s leaders told Insider there are certain healthcare skills big tech has yet to master.
Fourteen health systems, including four of the nation s 10 largest, are forming a new company, Truveta, to learn from their patient data.
The idea behind Truveta, now headed by Microsoft veteran Terry Myerson, is about two years in the making, Rod Hochman, the CEO of Providence St. Joseph Health, told Insider. In 2019, Providence made $25 billion in operating revenue across 51 hospitals and more than 1,000 clinics in seven states.