GOOGL - This Powerful Partnership Could Be Game Over for an Entire Industry
For all of the advances in artificial intelligence (AI) and machine learning (ML) at internet companies, it's also a market with its fastest growth in the rearview mirror. That's why the largest technology companies have their eyes on the $3 trillion healthcare industry. Privacy concerns and the industry's cautious attitude toward new approaches have made it a slow process, but that may be about to change.
Hospital Corporation of America (NYSE: HCA) , or HCA, is teaming up with Alphabet 's Google (NASDAQ: GOOG) (NASDAQ: GOOGL) . It will use data from its 2,000 locations and 32 million annual patient visits to develop algorithms to benefit patients, staff, and the overall organization. It opens up a world of possibilities for the internet giant and may slam the door on the proliferation of healthcare start-ups.
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This Powerful Partnership Could Be Game Over for an Entire Industry