By JESSICA DaMASSA, WTF HEALTH
What BIG factor is Avaneer Well being constructing with its $50 million SEED spherical backed by not-just-investors-but-also-partners CVS Well being, Aetna, Anthem, Cleveland Clinic, HCSC, PNC Financial institution, Sentara Healthcare and IBM Watson Well being? CEO Stuart Hanson stops by to clear-up the thriller that IS Avaneer Well being, and the way the huge knowledge alternate platform it’s constructing is supposed to attach the info popping out of the largest payers and largest suppliers in healthcare, instantly and in real-time.
Dangle on – is that this the blockchain-based knowledge alternate healthcare has been speaking about for greater than a decade?? It certain is making an attempt to be. And what Stuart says is completely different about Avaneer’s effort is, certainly, the truth that it’s backed by a number of the greatest manufacturers within the enterprise and that they see the enterprise case in with the ability to extra successfully share their knowledge with each other. As he explains it, “this downside of knowledge interoperability and knowledge fluidity is larger than any aggressive enterprise mannequin that they should fear about…”
Stuart is cautious to clarify what Avaneer IS and what it IS NOT, and that is vital to the corporate’s development plans and income mannequin. Avaneer is NOT a knowledge middleman; it’s not about aggregating knowledge, normalizing it, de-identifying it, or making use of any fancy machine studying algorithms to it to ship “insights” on it. Avaneer is strictly a platform for safe, compliant knowledge alternate, so, for instance, Anthem can hook up with Cleveland Clinic in real-time and confirm insurance coverage protection. The income mannequin is at the moment constructed round entry to the community and can one-day-soon additionally soak up charges from ‘Options Innovators’ (aka data-aggregating, algorithm-loving, insights-dropping well being tech firms) that may provide their providers as add-on’s to Avaneer’s prospects who’re plugged into the community.
What’s forward for this stealthy start-up because it scales? May they REALLY be seeking to increase a follow-on seed spherical?? Discover out what sort of traders they’re on the lookout for and what’s forward on their product roadmap on this in-depth chat.
