Truveta, a company owned by 17 U.S. health systems, will build its data analytics solution on the Microsoft Azure cloud computing platform. Microsoft will also help the company scale the solution globally and engage new customers.
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.
MedCity News
14 major health systems launch data insights company
In an unusual move, 14 major providers including Trinity Health, CommonSpirit Health and Tenet have come together to launch a data analytics company. Insights derived from the company s platform will be available to providers, biopharma companies and scientific researchers working to advance patient care.
Shares1
Unprecedented times call for unprecedented collaboration in the healthcare industry.
A group of 14 health systems, including some of the biggest in the country, have joined together to launch Truveta, a data analytics company.
The company is building a platform that will structure and normalize de-identified patient data from the 14 founding systems. The platform will use artificial intelligence and machine learning to derive clinical insights.
long legs. i want to bring in our national political economist. we have seen this getting pretty ugly. does this resonate with voters when they hear the back and forth? i don t know. i talked to a few voters out there on the campaign trail. every one of them will tell you they hate this stuff. then every expert will say this works. there s a reason why the campaigns are going back and forth and there s a reason why the obama campaign has been ataa attacking mitt romney and his tax returns. they believe they are working. the president defended attacks. he says mr. romney has called himself mr. fix it, so the president says governor romney s business experience is going to be front and center at this stage of the campaign. talking to the romney campaign, they feel like this is an opening for them to go negative on the president. i think that s the next stage of this campaign. you ll hear more of that. i presume they will go after the economy. you saw rob portman, one of