AWS Announces AWS HealthScribe, A New Generative AI-Powered Service That Automatically Creates Clinical Documentation
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Amazon Web Services (AWS) has announced AWS HealthScribe, a new AI-powered service that automatically generates clinical documentation from patient-clinician conversations. The service uses speech recognition and generative AI. 3M Health Information Systems, Babylon Health, and ScribeEMR are among the customers and partners using AWS HealthScribe.
July 26, 2023 | 4:19 pm
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The launch of AWS HealthScribe could potentially increase AWS's market share in the healthcare sector, which may positively impact Amazon's stock in the short term.
AWS is a significant part of Amazon's business. The launch of a new service like HealthScribe, especially one that targets the growing healthcare sector, could attract more customers to AWS, thereby increasing its revenues. This increase in revenue could, in turn, have a positive impact on Amazon's stock price.
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