The multi-trillion dollar U.S. healthcare market is broken. The last thing we want to worry about is our health or the higher costs of care. As we emerge from the Covid pandemic, Americans witness a fragmented healthcare system. A lack of coordination results in higher costs and an inefficient allocation of resources. This company will transform the healthcare industry. Its use of Artificial Intelligence (AI) and Machine Learnings (ML) improves health outcomes and reduces costs. It will play an indispensable role in providing higher quality, easily accessible, and affordable care. United States healthcare spending grew 4.6% in 2019 to reach $3.8 trillion or $11,582 per person! Health spending accounts for 17.7% of Gross Domestic Product. Society searches for solutions to reduce these costs and improve treatment. Attention turns to the burgeoning digital health market. Digital health solutions can save the healthcare industry billions of dollars. According to Accenture analysis, key clinical health AI applications can potentially create $150 billion in annual savings for the U.S. healthcare economy by 2026. Adoption of these solutions is evident as the AI health market is expected to reach an incredible compounded annual growth rate of 40%! This company is a leading digital health provider poised to disrupt the traditional healthcare space. The company realigned its business operations to capitalize on AI and ML opportunities. It entered the potential $300 billion global digital health monitoring market by partnering with leading channel partners, health benefit providers, and end-users through a proprietary combination of digital health monitoring devices, AI-based software, and cloud computing platforms. The company’s solutions are like what Livongo Health offered before it was acquired by Teladoc Health for approximately $18 billion. Livongo used its technology to aggregate data about patients’ chronic conditions and interpret the data to create actionable, personalized, and time-healthy signals. This company’s technology takes it a step further as it includes more automation, limiting humor error. The company successfully displayed its technology in a project funded by The Bill and Melinda Gates Foundation. This Proof-of-Concept trial helped validate the company’s products and raise M&A interest. This company was selected to participate in several of the foremost U.S.-based Accelerator Programs designed to advance promising digital health technologies. AI continues to put its fingerprint on our daily life. Health is paramount for all of us and AI will allow us to maximize treatments and minimize costs. This company’s AI/ML innovations and services will improve health outcomes. It is the perfect solution for reducing costs on an overburdened healthcare system. You need to see how this company’s products will help achieve these goals. Read more. Regards, Market News Reports Today |
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