Amazon.coms plans to revolutionize healthcare are starting to come into focus. It should come as no surprise that the Seattle ecommerce giant plans to upend this sector, too. From retail to rocket boosters, upending things is CEO Jeff Bezos signature move.
And now, Amazon engineers are working on software that will be capable of reading digitized patient records and clinical notes, according to a Wall Street Journal report from Nov. 27.
In other words, healthcare could become a major new business for Amazon.
The market for storing and analyzing health information is worth $7 billion, according to the WSJ. Amazon Web Services is the leading provider of cloud computing services to businesses. Data storage is in its wheelhouse. The bigger story for Amazon is software.
The new code would beat current efforts in natural language processing. It aims to also recognize handwritten notes from clinicians. To date, misspellings, abbreviations and other jargon have tripped up algorithms. AWS engineers used extensive deep learning, a form of artificial intelligence, to clear this hurdle.
If true, it would give Amazon a significant leg up on competitors IBM and UnitedHealth Group, the two leading players in the processing of digital records…
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