HealthTech July 27, 2021
The purchase gives the tech giant access to advanced speech recognition and artificial intelligence technology and expands its presence within the healthcare space.
Microsoft agreed to acquire speech recognition and artificial intelligence company Nuance Communications for $19.7 billion in April. The acquisition establishes Microsoft as a major player in healthcare technology by bridging the gap between clinicians and Microsoft Cloud for Healthcare.
The tech giant launched Cloud for Healthcare late in 2020. It includes healthcare-specific versions of Microsoft 365, Azure, Dynamics 365 and Power Platform. Additional features include streamlined appointment scheduling, integration with electronic health records and collaboration on a secure platform. Although Microsoft hinted at direct patient care capabilities, this wasn’t confirmed until the Nuance announcement.
Nuance has been...
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