The Cupertino-based company has a few key advantages over its technology rivals, including privacy and the huge base of iPhone and Apple Watch users.
Among the working group members are companies such as AT&T, Doctor on Demand, Fitbit, Google, IBM, Osso VR, Philips, Samsung, Validic and Verizon.
Also announced were six Alexa healthcare skills from leading healthcare providers, payors, pharmacy benefit managers and digital health coaching companies.
The market is seemingly slowing down, but both companies see other reasons to be optimistic about digital health investment.
Fund III will be invested in commercial-stage companies delivering innovation to improve patient outcomes, enhance efficiency and reduce costs.
The goal of the challenge is to unleash innovative solutions as CMS continues to move the healthcare system towards value.
The AI-powered, voice-enabled tool integrates vital information into patients' electronic health records to maximize clinician time with patients.
The solution proved in clinics to create a time reduction and ease of use unparalleled by other documentation solutions.
The market is expected to reach 279 million units by the end of 2023 with a compound annual growth rate (CAGR) of 8.9%.
The largest study ever of its kind enrolled over 400,000 participants from all 50 states in a span of only eight months.