CNBC October 24, 2019
Alphabet’s life sciences group Verily is signing on big partners as it moves into one of the fastest-growing areas of the health industry.
On Thursday, the company announced it’s working with the Palo Alto Veterans Affairs health-care system and Atrius Health, a nonprofit health-care organization in eastern Massachusetts. Both groups are focused on improving outcomes for patients and keeping them from getting expensive and unnecessary care, falling in line with recent federal reforms.
The so-called population health market is large and crowded, but it’s an area where Verily has long had a rumored interest. Many health systems are experimenting with technology to advance their efforts, including using sensors that can be placed in a patient’s home to track things like...