Magentus partners with Google Cloud to enhance medical data management. Amwell aids Medibank’s preventative care programs. ACCC approves Westpac’s acquisition of HealthPoint. FiveP sells Microsoft Business division to focus on Baret healthcare messaging solution. Baret sees significant growth, with plans for expansion into Security, Identity, and Copilot AI under founder David Dennis’s leadership.
Magentus has forged a partnership with Google Cloud to establish a robust and secure cloud infrastructure for managing customer data. By harnessing generative AI solutions and large language models, Magentus aims to streamline access to medical information for clinicians and simplify the extraction of insights from complex medical data, which traditionally requires thousands of manual hours.
The healthcare IT provider plans to facilitate seamless integration of data for existing pathology, oncology, and radiology customers with third-party systems using Apigee, Google Cloud’s API management platform. Additionally, Magentus will explore leveraging Vertex AI for content generation, including virtual assistants.
Amwell to Empower Medibank’s Preventative Care Initiative
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Amplar Health, a consortium of health service providers within Medibank, has selected Amwell, a leading telehealth company, to support its innovative preventative care programs. Medibank will initiate a pilot lifestyle management program utilizing Amwell’s technology, targeting customers with risk factors for chronic diseases such as high blood pressure, physical inactivity, and unhealthy weight.
As part of the partnership, Amplar Health becomes an authorized reseller of Amwell’s digital mental health solution SilverCloud and Amwell Automated Care technology platforms in Australia, aligning with Medibank’s goal to enroll 50,000 individuals in its preventative programs by 2025.
Competition Regulator Approves HealthPoint Sale
The Australian Competition and Consumer Commission (ACCC) has greenlit the acquisition of Dedalus’s healthcare payment application HealthPoint by Westpac. The commission found no significant concerns regarding the sale’s impact on competition, stating that it is unlikely to result in a substantial lessening of competition.
Westpac’s acquisition of HealthPoint positions the bank to compete with HICAPS, the country’s largest provider of private health insurance claiming and settlement services, as it seeks to offer an integrated healthcare e-claiming and payment solution.
FiveP Shifts Focus to Baret Following Microsoft Business Sale
FiveP has decided to divest its Microsoft Business Applications (MBA) business to concentrate on its burgeoning healthcare messaging solution, Baret. After selling its MBA practice to financial advisory firm Findex, FiveP will continue collaborating with Findex to deliver Microsoft 365 and Dynamics 365 solutions.
Baret, experiencing over sevenfold year-on-year growth in end-user adoption, will become FiveP’s standalone business. Matt Krosch will lead as CEO, with Jane Prowse heading product development. Founder and CEO David Dennis will spearhead the company’s expansion into Security, Identity, and Copilot AI.
