MedCity News
Microsoft builds out cloud healthcare business with $19.7B Nuance acquisition
Microsoft will buy up healthcare AI partner Nuance for $19.7 billion. Nuance makes speech-recognition tools for clinical documentation, as well as security tools.
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Nuance’s Dragon Ambient eXperience system is installed in a clinic. The voice recognition system automatically populates clinicians’ notes. Photo credit: Nuance
Microsoft is acquiring voice recognition company Nuance Communications as it competes with other cloud companies for a share of the healthcare market.
It plans to buy the company for a total of $19.7 billion in an-all cash deal, including Nuance’s debt. The deal was priced at $56 per share, up 23% from Nuance’s closing price on Friday.
Strengthening Alberta’s Public Health Act
Alberta’s government will modernize the Public Health Act to provide greater transparency during public health emergencies.
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The
Public Health Amendment Act would reflect current and emerging public health challenges and best practices, help Alberta’s government respond quickly to public health issues, including chronic diseases, and protect the health and safety of Albertans.
“A modernized act will help Alberta’s government respond to public health emergencies, like the COVID-19 pandemic, keeping the health and safety of all Albertans as a top priority. Introducing this bill will have no impact on the current public health measures in place and will not impact the ability of the government to respond to the pandemic.”