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Nanthealth Inc's Business Segments
Nanthealth Inc's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Segment Data As of FY
Reportable Segments
-
Largest Segment
-
Total Revenue
$ 12
Regions Reported
-
Nanthealth Inc does not report a distinct business-segment axis in its filings - its disaggregated revenue is disclosed by product and service category instead. See the Product & Service breakdown below.
Revenue by Product & Service Category - FY
- Software-Related0%
- Technology Service99.3%
- Maintenance4.1%
- Professional Services0%
Revenue by Product & Service Category - FY
| Category | Revenue (Millions) | % of Total |
|---|---|---|
| Software-Related | $ 12 | - |
| Technology Service | $ 12 | 99.3% |
| Maintenance | $ 0 | 4.1% |
Product and service categories are a supplemental disclosure and are not required to sum to consolidated revenue or to the reportable segments above.
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Description of Nanthealth Inc
NantHealth Inc. is a healthcare technology company that specializes in developing and implementing innovative solutions for personalized healthcare. The company was founded in 2007 by Dr. Patrick Soon-Shiong, a renowned entrepreneur and physician, with the aim of transforming healthcare through advanced technology and data-driven solutions.
NantHealth operates at the intersection of healthcare and technology, striving to improve patient outcomes and enhance healthcare delivery through the application of molecular science, artificial intelligence, and other cutting-edge technologies. The company's mission is to enable precision medicine, where treatments are tailored to each individual patient based on their unique genetic profile and molecular characteristics.
One of NantHealth's key innovations is its cloud-based clinical operating system called NantOS. This platform integrates and analyzes large volumes of clinical, genomic, and other health-related data to provide actionable insights and inform more targeted and effective treatments. NantOS facilitates seamless communication and collaboration between healthcare providers, offering them access to comprehensive patient data in real-time.
NantHealth also develops advanced diagnostic tools and device technologies. For instance, they have developed a portable, FDA-approved molecular diagnostic test called GPS Cancer. This test provides oncologists with detailed genomic information about a patient's tumor, helping them to make more informed treatment decisions and personalize cancer care.
In addition to precision medicine and diagnostics, NantHealth has a strong focus on improving healthcare outcomes through population health management. The company's population health solutions enable healthcare providers to identify high-risk individuals, manage chronic diseases, and optimize care delivery across large patient populations. These solutions leverage sophisticated algorithms and predictive analytics to identify and target patients who are most likely to benefit from specific interventions or preventive measures.
NantHealth has collaborated with numerous healthcare organizations, including hospitals, research institutions, and pharmaceutical companies, to drive advancements in personalized medicine and healthcare delivery. The company's partnerships span various areas, such as clinical trials, genomics research, and the development of new therapies.
Overall, NantHealth Inc. is a forward-thinking healthcare technology company that is dedicated to advancing personalized medicine and improving patient outcomes. With its innovative solutions, deep expertise in data analytics, and commitment to collaboration, NantHealth is playing a significant role in revolutionizing healthcare and making precision medicine a reality.
NantHealth operates at the intersection of healthcare and technology, striving to improve patient outcomes and enhance healthcare delivery through the application of molecular science, artificial intelligence, and other cutting-edge technologies. The company's mission is to enable precision medicine, where treatments are tailored to each individual patient based on their unique genetic profile and molecular characteristics.
One of NantHealth's key innovations is its cloud-based clinical operating system called NantOS. This platform integrates and analyzes large volumes of clinical, genomic, and other health-related data to provide actionable insights and inform more targeted and effective treatments. NantOS facilitates seamless communication and collaboration between healthcare providers, offering them access to comprehensive patient data in real-time.
NantHealth also develops advanced diagnostic tools and device technologies. For instance, they have developed a portable, FDA-approved molecular diagnostic test called GPS Cancer. This test provides oncologists with detailed genomic information about a patient's tumor, helping them to make more informed treatment decisions and personalize cancer care.
In addition to precision medicine and diagnostics, NantHealth has a strong focus on improving healthcare outcomes through population health management. The company's population health solutions enable healthcare providers to identify high-risk individuals, manage chronic diseases, and optimize care delivery across large patient populations. These solutions leverage sophisticated algorithms and predictive analytics to identify and target patients who are most likely to benefit from specific interventions or preventive measures.
NantHealth has collaborated with numerous healthcare organizations, including hospitals, research institutions, and pharmaceutical companies, to drive advancements in personalized medicine and healthcare delivery. The company's partnerships span various areas, such as clinical trials, genomics research, and the development of new therapies.
Overall, NantHealth Inc. is a forward-thinking healthcare technology company that is dedicated to advancing personalized medicine and improving patient outcomes. With its innovative solutions, deep expertise in data analytics, and commitment to collaboration, NantHealth is playing a significant role in revolutionizing healthcare and making precision medicine a reality.
NantHealth Inc. is a healthcare technology company focused on transforming the delivery of care through innovative solutions that harness the power of data. The companys offerings can be broadly categorized into several segments, products, and services that aim to enhance clinical decision-making, improve patient outcomes, and streamline healthcare delivery.
Segments
1. Precision Medicine:
NantHealth emphasizes precision medicine, which involves tailoring healthcare treatment to individual characteristics. By leveraging genomic information and advanced analytics, the company aims to optimize therapeutic efficacy and minimize adverse effects.
2. Data Integration and Interoperability:
The company provides solutions designed to integrate disparate health data sources, ensuring that healthcare providers can access comprehensive patient information. This segment focuses on improving interoperability between electronic health records (EHRs), laboratory systems, and clinical databases.
3. Clinical Decision Support:
NantHealth develops clinical decision support tools that provide real-time insights to healthcare providers. This includes algorithms and software that assist physicians in diagnosing conditions and selecting appropriate treatments based on patient data and best practices.
4. Patient Engagement and Management:
Recognizing the importance of patient involvement in healthcare, NantHealth offers services that foster active patient engagement. This includes tools for chronic disease management, empowering patients to take an active role in their health.
5. Oncology Solutions:
A significant focus area for NantHealth is oncology, where it provides comprehensive solutions for cancer care, including tumor profiling and personalized treatment plans based on genomic data. This segment addresses the complexities of cancer treatment through targeted therapies.
Products
1. NantOmics:
This product offers genomic sequencing services, enabling the analysis of individual tumor DNA to identify mutations and guide personalized treatment options. It plays a critical role in facilitating precision medicine in oncology.
2. Eviti:
Eviti is a clinical decision support solution that helps oncologists develop evidence-based treatment plans. By aligning clinical pathways with the latest research, Eviti improves care consistency and ensures that patients receive the most effective treatments available.
3. NantHealth Foundation:
This initiative focuses on education and resources related to precision medicine. The foundation engages healthcare professionals and patients to raise awareness about the benefits of personalized treatment approaches.
4. NantPath:
This product facilitates tumor profiling and provides actionable insights for treatment planning, mainly targeted at oncologists. It integrates various data sources to deliver comprehensive reports that guide therapy options based on the individual patients cancer profile.
Services
1. Genomic Sequencing and Analysis:
NantHealth provides comprehensive genomic testing and analysis services that help identify genetic variations associated with various diseases, particularly in oncology. These services support clinicians in making informed decisions about treatment plans.
2. Data Analytics and Insights:
The company offers advanced analytics services that leverage big data to provide insights into patient populations, treatment outcomes, and care processes. This is crucial for health systems aiming to improve quality and efficiency in care delivery.
3. Consultative Services:
NantHealth provides consultative support to healthcare organizations to assist in implementing their solutions effectively. This includes training, workflow optimization, and strategic planning tailored to individual organizational needs.
4. Real-World Evidence (RWE) Solutions:
By collecting and analyzing real-world data from diverse sources, NantHealth can support pharmaceutical companies, researchers, and healthcare providers in understanding treatment effectiveness in everyday practice.
Conclusion
NantHealth Inc. is at the forefront of integrating technology with clinical practice to transform healthcare delivery. Through its segments focusing on precision medicine, data integration, clinical decision support, patient engagement, and oncology solutions, the company aims to address the complexities of modern healthcare. Its innovative products and services provide healthcare professionals with the tools they need to enhance patient care, optimize treatment outcomes, and ultimately lead the shift toward more personalized medicine.
Segments
1. Precision Medicine:
NantHealth emphasizes precision medicine, which involves tailoring healthcare treatment to individual characteristics. By leveraging genomic information and advanced analytics, the company aims to optimize therapeutic efficacy and minimize adverse effects.
2. Data Integration and Interoperability:
The company provides solutions designed to integrate disparate health data sources, ensuring that healthcare providers can access comprehensive patient information. This segment focuses on improving interoperability between electronic health records (EHRs), laboratory systems, and clinical databases.
3. Clinical Decision Support:
NantHealth develops clinical decision support tools that provide real-time insights to healthcare providers. This includes algorithms and software that assist physicians in diagnosing conditions and selecting appropriate treatments based on patient data and best practices.
4. Patient Engagement and Management:
Recognizing the importance of patient involvement in healthcare, NantHealth offers services that foster active patient engagement. This includes tools for chronic disease management, empowering patients to take an active role in their health.
5. Oncology Solutions:
A significant focus area for NantHealth is oncology, where it provides comprehensive solutions for cancer care, including tumor profiling and personalized treatment plans based on genomic data. This segment addresses the complexities of cancer treatment through targeted therapies.
Products
1. NantOmics:
This product offers genomic sequencing services, enabling the analysis of individual tumor DNA to identify mutations and guide personalized treatment options. It plays a critical role in facilitating precision medicine in oncology.
2. Eviti:
Eviti is a clinical decision support solution that helps oncologists develop evidence-based treatment plans. By aligning clinical pathways with the latest research, Eviti improves care consistency and ensures that patients receive the most effective treatments available.
3. NantHealth Foundation:
This initiative focuses on education and resources related to precision medicine. The foundation engages healthcare professionals and patients to raise awareness about the benefits of personalized treatment approaches.
4. NantPath:
This product facilitates tumor profiling and provides actionable insights for treatment planning, mainly targeted at oncologists. It integrates various data sources to deliver comprehensive reports that guide therapy options based on the individual patients cancer profile.
Services
1. Genomic Sequencing and Analysis:
NantHealth provides comprehensive genomic testing and analysis services that help identify genetic variations associated with various diseases, particularly in oncology. These services support clinicians in making informed decisions about treatment plans.
2. Data Analytics and Insights:
The company offers advanced analytics services that leverage big data to provide insights into patient populations, treatment outcomes, and care processes. This is crucial for health systems aiming to improve quality and efficiency in care delivery.
3. Consultative Services:
NantHealth provides consultative support to healthcare organizations to assist in implementing their solutions effectively. This includes training, workflow optimization, and strategic planning tailored to individual organizational needs.
4. Real-World Evidence (RWE) Solutions:
By collecting and analyzing real-world data from diverse sources, NantHealth can support pharmaceutical companies, researchers, and healthcare providers in understanding treatment effectiveness in everyday practice.
Conclusion
NantHealth Inc. is at the forefront of integrating technology with clinical practice to transform healthcare delivery. Through its segments focusing on precision medicine, data integration, clinical decision support, patient engagement, and oncology solutions, the company aims to address the complexities of modern healthcare. Its innovative products and services provide healthcare professionals with the tools they need to enhance patient care, optimize treatment outcomes, and ultimately lead the shift toward more personalized medicine.