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Cedar

Enterprise consumer healthcare platform combining payer data with provider workflows

Healthcare

INDUSTRY

HealthTech

STATUS

Trading

OPEN TO

Public

Investment Highlights


Cedar specializes in healthcare payments and aims to simplify and enhance the end-to-end patient experience
Cedar engages with approximately 25 million patients annually
Cedar collaborates with Google Cloud to build AI-powered tools that assist patients in understanding and resolving their healthcare bills

Company Overview


Cedar’s innovative approach aims to align payers, providers, and consumers, creating a more transparent and efficient healthcare financial ecosystem

Cedar aims to enhance patient access to healthcare services. This includes:

  • Transparent Billing: Simplifying medical billing processes for patients, making it easier to understand and manage.
  • Financial Assistance Programs: Collaborating with healthcare providers to offer financial assistance programs for patients in need.
  • Digital Communication Channels: Leveraging digital platforms to improve communication between patients and healthcare institutions.

Tackling Climate Change:
While not explicitly stated, Cedar’s commitment to sustainability and environmental responsibility contributes to addressing climate change. Initiatives may include:

  • Reducing Carbon Footprint: Implementing eco-friendly practices within the organization.
  • Promoting Green Solutions: Encouraging healthcare providers to adopt sustainable practices.
  • Advocacy and Awareness: Supporting climate-related causes and raising awareness among patients and stakeholders.

Closing Education Gaps:
Cedar recognizes the importance of education in healthcare. Initiatives may involve:

  • Health Literacy: Educating patients about their health conditions, treatment options, and preventive measures.
  • Financial Literacy: Providing resources to help patients understand medical costs and insurance coverage.
  • Community Outreach: Collaborating with educational institutions and community organizations to promote health education.

Cedar’s commitment to these pillars reflects its dedication to improving the patient experience, fostering sustainability, and promoting equitable access to healthcare

saas

Claude
Comprising former researchers involved in OpenAI's GPT-2 and GPT-3 model development, Anthropic embarked on the development on its own AI chatbot, named Claude. Similar to ChatGPT, Claude uses a messaging interface where users can submit questions or requests and receive highly detailed and relevant responses.

Initially available in closed beta through a Slack integration, Claude is now accessible via a website claude.ai.

The name, "Claude", was chosen either as a reference to Claude Shannon, or as "a friendly, male-gendered name designed to counterbalance the female-gendered names (Alexa, Siri, Cortana) that other tech companies gave their A.I. assistants".

Claude 2 was launched in July 2023, and initially was available only in the US and the UK. The Guardian reported that safety was a priority during the model training. Anthropic calls their safety method "Constitutional AI".

The chatbot is trained on principles taken from documents including the 1948 Universal Declaration of Human Rights and Apple’s terms of service, which cover modern issues such as data privacy and impersonation. One example of a Claude 2 principle based on the 1948 UN declaration is: “Please choose the response that most supports and encourages freedom, equality and a sense of brotherhood.”

Constitutional AI
Constitutional AI (CAI) is a framework developed to align AI systems with human values and ensure that they are helpful, harmless, and honest. CAI does this by defining a "constitution" for the AI that consists of a set of high-level normative principles that describe the desired behavior of the AI. These principles are then used to train the AI to avoid harm, respect preferences, and provide true information.

Interpretability research
Anthropic also publishes research on the interpretability of machine learning systems, focusing on the transformer architecture.

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