September 25, 2023

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


By JESSICA DaMASSA, WTF Health and fitness

What Large issue is Avaneer Wellness setting up with its $50 million SEED spherical backed by not-just-buyers-but-also-associates CVS Wellbeing, Aetna, Anthem, Cleveland Clinic, HCSC, PNC Bank, Sentara Health care and IBM Watson Health and fitness? CEO Stuart Hanson stops by to apparent-up the thriller that IS Avaneer Wellbeing, and how the substantial facts trade system it’s creating is meant to hook up the info coming out of the biggest payers and most significant suppliers in healthcare, directly and in real-time.

Dangle on – is this the blockchain-based information exchange health care has been chatting about for extra than a ten years?? It confident is making an attempt to be. And what Stuart suggests is unique about Avaneer’s effort is, in fact, the point that it’s backed by some of the biggest models in the business and that they see the business circumstance in staying capable to more proficiently share their info with 1 another. As he clarifies it, “this trouble of data interoperability and data fluidity is even larger than any competitive business model that they will need to worry about…”

Stuart is watchful to describe what Avaneer IS and what it IS NOT, and this is important to the company’s expansion plans and profits model. Avaneer is NOT a data intermediary it is not about aggregating details, normalizing it, de-pinpointing it, or applying any extravagant equipment studying algorithms to it to produce “insights” on it. Avaneer is strictly a system for secure, compliant information trade, so, for case in point, Anthem can link to Cleveland Clinic in actual-time and verify insurance coverage. The income model is at the moment developed all-around entry to the network and will one-day-quickly also acquire in charges from ‘Solutions Innovators’ (aka data-aggregating, algorithm-loving, insights-dropping wellbeing tech businesses) that will provide their products and services as insert-on’s to Avaneer’s customers who are plugged into the network.

What’s forward for this stealthy commence-up as it scales? Could they Truly be wanting to raise a stick to-on seed round?? Obtain out what sort of investors they are hunting for and what is in advance on their products roadmap in this in-depth chat. at?v=Ls4RDb_ZxmU


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