Its no secret that America spends on health care. In 2019, that spending reached $3.8T ($11.6k per person). By 2028, its projected to hit $6.2T.<\/p>\n
To the folks in Big Tech, any number with a T means one thing: opportunity.<\/p>\n
The company announced the $19.7B acquisition of Nuance Communications, known for its AI transcription tools for health care professionals.<\/p>\n
Nuance has a healthy following among<\/p>\n
Doctors can use Nuance tech which is already integrated with Microsoft Teams to record conversations and automatically transcribe notes.<\/p>\n
Cook, Pichai, and Bezos want in, too:<\/p>\n
Bezos has also gone one step further, debuting the Amazon Halo thats capable of calculating body fat (of which Bezos has none).<\/p>\n
If history is any indication, Big Techs success in health care is hardly a given:<\/p>\n
Regardless, the digitization of health care is a huge market, and Big Tech is gearing up for battle.<\/p>\n
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Health care is the latest Big Tech battleground - The Hustle<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Its no secret that America spends on health care. In 2019, that spending reached $3.8T ($11.6k per person). Continue reading