The 2023 Healthcare Power Ranking Of Tech Giants

In the realm of technology companies entering the healthcare sector, a 2023 power ranking has been established based on the Health, Innovation & Tech (HIT) Index. The HIT Index assesses companies' healthcare efforts, considering practical examples, potential, and the likelihood of failure.

Google: With a HIT Index score of 15, Google tops the list. Google has shown a significant interest in various healthcare areas, including genomics, artificial intelligence, longevity, and life science research. They are partnering with CareCloud to bring AI-enabled capabilities to small and medium healthcare providers using generative artificial intelligence.

Microsoft: Ranking 2nd with a HIT Index score of 14, Microsoft's strength lies in its widespread use in hospitals and healthcare practices. They offer Cloud for Healthcare, integrating services like Microsoft Teams and Azure IoT. Microsoft acquired AI-powered speech technology company Nuance and collaborates with Epic to provide generative AI solutions.

Amazon: In 3rd place with a HIT Index score of 13, Amazon has shown exponential growth in the pharma and healthcare industry. They entered the generative AI realm with HealthScribe, expanded their telehealth services, and acquired One Medical. Amazon Web Services (AWS) has a strong presence in cloud computing.

Apple: Apple ranks 4th with a HIT Index score of 12. While their closed infrastructure works well for consumer devices, their high-end approach may limit adoption in healthcare. They have introduced VisionPro and Healthkit with a focus on privacy, but the price remains a concern.

NVIDIA: Also in 4th place with a HIT Index score of 12, NVIDIA is known for its hardware for gaming but has been making strides in healthcare. Their graphic processing units (GPUs) are used in various medical devices and research projects. They collaborate with Medtronic and have been involved in AI research for clinical tasks.

The HIT Index scores offer insights into the directions these companies are taking in the healthcare sector, with each company having its unique strengths and challenges. This ranking is part of a comprehensive e-book titled "Tech Giants In Healthcare," which delves into their healthcare endeavors.