By JESSICA DaMASSA, WTF Well being
What Significant issue is Avaneer Wellbeing building with its $50 million SEED round backed by not-just-traders-but-also-associates CVS Well being, Aetna, Anthem, Cleveland Clinic, HCSC, PNC Lender, Sentara Health care and IBM Watson Overall health? CEO Stuart Hanson stops by to distinct-up the secret that IS Avaneer Wellbeing, and how the huge details trade system it is making is meant to link the details coming out of the major payers and most significant companies in healthcare, directly and in authentic-time.
Cling on – is this the blockchain-dependent details trade healthcare has been talking about for extra than a decade?? It guaranteed is trying to be. And what Stuart claims is distinct about Avaneer’s exertion is, without a doubt, the actuality that it’s backed by some of the largest brand names in the enterprise and that they see the company case in becoming equipped to much more efficiently share their details with one an additional. As he explains it, “this problem of knowledge interoperability and details fluidity is even larger than any aggressive company product that they want to be concerned about…”
Stuart is careful to demonstrate what Avaneer IS and what it IS NOT, and this is significant to the company’s development programs and profits model. Avaneer is NOT a data intermediary it is not about aggregating details, normalizing it, de-figuring out it, or making use of any fancy equipment understanding algorithms to it to supply “insights” on it. Avaneer is strictly a platform for secure, compliant data exchange, so, for instance, Anthem can connect to Cleveland Clinic in authentic-time and validate insurance policies coverage. The profits design is at the moment developed all over entry to the community and will just one-working day-quickly also choose in charges from ‘Solutions Innovators’ (aka facts-aggregating, algorithm-loving, insights-dropping health tech providers) that will give their products and services as add-on’s to Avaneer’s consumers who are plugged into the community.
What is ahead for this stealthy get started-up as it scales? Could they Truly be searching to elevate a comply with-on seed spherical?? Come across out what form of investors they are searching for and what is ahead on their product or service roadmap in this in-depth chat.