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Tempus AI shares soar on national launch of health app olivia

by January 21, 2025
written by January 21, 2025

Investing.com — Shares of Tempus AI, Inc. (NASDAQ: TEM) surged 19% following the company’s announcement of the national launch of olivia, its AI-enabled personal health concierge app. The app is designed to centralize and make actionable the health-related data of patients, marking a significant step in Tempus AI’s efforts to advance precision medicine and patient care through technology.

The enthusiasm in Tempus AI’s stock reflects investor optimism about the potential for olivia to transform patient engagement with their health data. By integrating with over 1,000 health systems and syncing data from various health devices, olivia aims to provide a unified platform for patients to access, manage, and understand their health information. The app’s AI capabilities enable it to generate smart profiles, provide summaries of health data, and connect patients to additional resources such as clinical trials.

Among the new features highlighted in Tempus AI’s press release are the Smart Profile Summary, which uses AI to synthesize patient data into a comprehensive health profile, and the AI-enabled Notetaker that offers transcripts and summaries of physician appointments. Furthermore, the app facilitates the sharing of medical images and offers health monitoring features by integrating with platforms like Apple (NASDAQ:AAPL) Health and Google (NASDAQ:GOOGL) Fit.

Eric Lefkofsky, Founder and CEO of Tempus, emphasized the company’s commitment to improving patient outcomes by leveraging data and AI. He expressed confidence that olivia will become an indispensable tool for patients to manage their health journeys with greater autonomy and insight.

olivia is now accessible to users on both iOS and Android platforms, and more information about the app can be found on its dedicated website, oliviahealth.ai. The market’s reaction to this development underscores the growing importance of AI in healthcare and the potential for apps like olivia to play a crucial role in patient care.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

This post appeared first on investing.com
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