| Title | Apple Buys Medical Records Company | |
| Date | Wednesday August 24 2016, @03:44AM | |
| Author | takyon | |
| Topic | ||
| from the Apple-Watch-ing-it-all dept. | ||
Fast Company reports that Apple Inc. has bought a company called Gliimpse (sic) which operates a database in which people can store and disseminate their own health information. An Apple spokesperson said of the purchase,
Apple buys smaller technology companies from time to time, and we generally do not discuss our purpose or plans.
From the article:
What stands out about the deal is that Gliimpse is intended for patients with diseases like cancer and diabetes. Apple recently hired a top pediatric endocrinologist who developed a HealthKit app for teens with Type 1 diabetes, signaling an increased interest in applications for chronically ill users.
It's unlikely that this acquisition will bring Apple's health technologies under the purview of federal regulators. CEO Tim Cook recently told Fast Company in an interview that he sees a major business opportunity for the company in the non-regulated side of health care: "So if you don't care about reimbursement, which we have the privilege of doing, that may even make the smartphone market look small."
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