How Avaneer Health is Building The One Health Data Exchange to Rule Them All – The Health Care Blog

ByAlyson R. Briggs

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What Massive factor is Avaneer Health and fitness constructing with its $50 million SEED round backed by not-just-buyers-but-also-associates CVS Wellbeing, Aetna, Anthem, Cleveland Clinic, HCSC, PNC Bank, Sentara Health care and IBM Watson Well being? CEO Stuart Hanson stops by to very clear-up the mystery that IS Avaneer Wellbeing, and how the huge information trade system it is creating is meant to hook up the information coming out of the largest payers and largest companies in healthcare, directly and in serious-time.

Dangle on – is this the blockchain-dependent data exchange healthcare has been chatting about for additional than a decade?? It absolutely sure is striving to be. And what Stuart says is unique about Avaneer’s energy is, without a doubt, the reality that it is backed by some of the most significant brands in the business and that they see the business situation in being capable to far more effectively share their details with one particular a further. As he explains it, “this dilemma of knowledge interoperability and facts fluidity is even bigger than any aggressive business model that they need to fear about…”

Stuart is careful to explain what Avaneer IS and what it IS NOT, and this is essential to the company’s expansion plans and income design. Avaneer is NOT a facts middleman it’s not about aggregating data, normalizing it, de-figuring out it, or applying any fancy machine learning algorithms to it to deliver “insights” on it. Avaneer is strictly a system for safe, compliant details exchange, so, for example, Anthem can join to Cleveland Clinic in authentic-time and validate insurance protection. The income design is currently constructed around access to the network and will one-day-soon also choose in costs from ‘Solutions Innovators’ (aka facts-aggregating, algorithm-loving, insights-dropping wellbeing tech companies) that will supply their companies as incorporate-on’s to Avaneer’s buyers who are plugged into the community.

What is in advance for this stealthy start out-up as it scales? Could they Genuinely be seeking to elevate a abide by-on seed spherical?? Obtain out what sort of traders they are looking for and what is in advance on their product or service roadmap in this in-depth chat.


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