healthcare.digital June 10, 2023
Exec Summary:
Microsoft has been on an acquisition spree in the healthcare space in recent years, with the goal of becoming a leading provider of cloud-based healthcare solutions. In 2021, the company acquired Nuance Communications, a leading provider of speech recognition and artificial intelligence (AI) solutions for healthcare. The acquisition gave Microsoft access to Nuance’s powerful AI capabilities, which it plans to use to develop new healthcare solutions that can improve patient care and lower costs.
In 2022, Microsoft also acquired Akili Interactive, a developer of video game-based cognitive rehabilitation treatments for children and adults with neurological conditions. The acquisition gives Microsoft a foothold in the growing field of digital therapeutics, which use technology to deliver healthcare treatments.
Microsoft’s future...