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

By JESSICA DaMASSA, WTF Wellbeing

What Big factor is Avaneer Wellbeing making with its $50 million SEED round backed by not-just-buyers-but-also-partners CVS Wellness, Aetna, Anthem, Cleveland Clinic, HCSC, PNC Lender, Sentara Healthcare and IBM Watson Well being? CEO Stuart Hanson stops by to very clear-up the mystery that IS Avaneer Health, and how the enormous info exchange platform it is making is intended to join the facts coming out of the most significant payers and greatest providers in healthcare, instantly and in serious-time.

Cling on – is this the blockchain-dependent data exchange healthcare has been chatting about for additional than a ten years?? It positive is hoping to be. And what Stuart says is distinct about Avaneer’s hard work is, without a doubt, the actuality that it’s backed by some of the most important brand names in the company and that they see the organization case in getting equipped to far more proficiently share their info with just one yet another. As he clarifies it, “this problem of information interoperability and information fluidity is bigger than any aggressive business enterprise model that they want to fret about…”

Stuart is watchful to describe what Avaneer IS and what it IS NOT, and this is significant to the company’s growth programs and income model. Avaneer is NOT a information middleman it’s not about aggregating knowledge, normalizing it, de-pinpointing it, or implementing any extravagant device learning algorithms to it to provide “insights” on it. Avaneer is strictly a platform for safe, compliant information trade, so, for case in point, Anthem can link to Cleveland Clinic in serious-time and validate insurance coverage coverage. The profits design is presently designed all over accessibility to the community and will a person-working day-before long also acquire in expenses from ‘Solutions Innovators’ (aka info-aggregating, algorithm-loving, insights-dropping health and fitness tech companies) that will present their services as increase-on’s to Avaneer’s prospects who are plugged into the community.

What is ahead for this stealthy begin-up as it scales? Could they Truly be looking to raise a comply with-on seed spherical?? Locate out what kind of buyers they are searching for and what’s forward on their product roadmap in this in-depth chat.