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This Week In Cloud AI - AI Transforms Healthcare with Enhanced Cloud-Based Solutions
Reviewed by Simply Wall St
The integration of artificial intelligence (AI) into cloud platforms continues to advance, as seen in PracticeSuite, Inc.'s recent launch of AI capabilities within their cloud-based medical software solutions. This development highlights the potential of AI to optimize healthcare workflows by increasing productivity, reducing repetitive tasks, and enhancing the overall patient and provider experience. The addition of AI aims to streamline the complete practice workflow, from patient onboarding to claims processing, in response to the increasing complexity and cost pressures in the healthcare sector. By embedding AI strategically, PracticeSuite intends to empower medical billers to effectively counter payer adjudication engines, ultimately improving the efficiency and efficacy of medical practices.
Elsewhere in the market, NEC (TSE:6701) was trading firmly up 18.4% and closing at ¥15,525. This week, the company announced a share split and amendments to its Articles of Incorporation. At the same time, ServiceNow (NYSE:NOW) lagged, down 11.4% to close at $1,012.75. On Wednesday, the company announced new AI innovations and expanded partnerships with Google Cloud and Visa.
Best Cloud AI Stocks
- Super Micro Computer (NasdaqGS:SMCI) settled at $28.64 up 3%.
- Alphabet (NasdaqGS:GOOGL) ended the day at $200.87 up 2.8%, near its 52-week high.
- Apple (NasdaqGS:AAPL) settled at $237.59 down 0.7%. Apple reported increased earnings and revenue for Q1, three days ago.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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About NasdaqGS:GOOGL
Alphabet
Offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America.
Outstanding track record with excellent balance sheet.