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Innovation in Benefits (Yes, Benefits)

Innovation has come at the health care industry in many forms during the past decade. Start-ups and major health providers partnered around innovations in data analysis of patient risk and behavior, wellness monitoring, and consumer satisfaction. Hospital and health care institutions sought out venture funds, developed new products, and formed partnerships in health and wellness. For example, Seattle’s mega not-for-profit chain Providence Health & Services, through its investment arm Providence Ventures, invested in Sqord, a children’s wearables company committed to increasing childhood exercise. Providence worked with community partners in five states to roll out Sqord’s technology in health and wellness ...

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