Saturday, April 20, 2024

Magentus takes shot at genAI with Google Cloud and more partnership briefs -Dlight News

Magentus taps Google Cloud for genAI

Magentus has engaged Google Cloud to help it build a “centralised and secure” foundation for customer data in the cloud, leveraging generative AI solutions and large language models.

The health IT provider intends to assist clinicians in easily accessing information and simplifying the way they extract insights from complex, unstructured medical data, which usually take up to thousands of manual labour hours.

In a statement, Magentus said it will help existing pathology, oncology, and radiology customers to integrate data with third-party systems via Apigee, Google Cloud’s API management platform. 

Additionally, it will explore the use of Vertex AI for content generation, including virtual assistants.

Amwell to power Medibank’s preventative care pilot

Amplar Health, a group of health service providers under Medibank, has tapped American telehealth company Amwell to support the delivery of its new preventative care programs. 

Medibank is set to pilot a new lifestyle management program, which shall see the application of Amwell’s technology. It will be made available to the insurer’s customers with below risk factors for chronic diseases, such as high blood pressure, physical inactivity, and unhealthy weight. 

The Amwell partnership comes as Medibank targets to reach 50,000 enrolments in its preventative program by 2025. 

Under the partnership, Amplar Health also becomes an authorised reseller of Amwell’s digital mental health solution SilverCloud and Amwell Automated Care technology platforms in Australia. 

Competition​ regulator clears HealthPoint sale

The Australian Competition and Consumer Commission (ACCC) has signed off the proposed acquisition of Dedalus’s healthcare payment application HealthPoint by Westpac. 

In a statement, the commission noted that there were no huge concerns about the proposed sale from market participants. “We have concluded that this acquisition is unlikely to result in a substantial lessening of competition,” Commissioner Stephen Ridgeway said. 

Among major Australian banks, Westpac has yet to offer an integrated healthcare e-claiming and payment solution. In November last year, it entered into a deal to buy HealthPoint, whose platform allows healthcare providers to process private health insurance claims at the point of sale in near-real time.

The ACCC sees Westpac’s acquisition of HealthPoint to allow the bank to compete against HICAPS, which currently stands as the country’s largest supplier of private health insurance claiming and settlement services. 

FiveP to focus on Baret after Microsoft Business sale 

FiveP is divesting its Microsoft Business Applications (MBA) business to focus on its growing role-based healthcare messaging solution. 

The digital solutions provider recently announced that it signed an agreement to sell its MBA practice to financial advisory Findex. After completing the transaction, they will remain partners in delivering Microsoft 365 and Dynamics 365 solutions to their mutual customers.

Meanwhile, Baret will become FiveP’s standalone business. CMO Matt Krosch is slated to helm the business as CEO, while CTO Jane Prowse will lead product development. 

The shakeup comes as Baret sees over seven times year-on-year growth in end-user adoption. The Microsoft 365-powered healthcare messaging solution is also set to be introduced across Asia-Pacific and the United States this year. 

Meanwhile, founder and CEO David Dennis will be leading the company’s planned expansion into Security, Identity, and Copilot AI.

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