Two Investing Legends Join Forces for One Night ONLY…

and reveal the massive market events that will shape 2020 — and what they recommend you do NOW with your money.

Tue, December 10 at 7:00PM ET

AAPL: Apple Talks HealthKit to Major Healthcare Providers

HealthKit may face regulations

Apple (AAPL) is in talks with major healthcare providers regarding its upcoming HealthKit service.

aapl-apple-healthkitApple has been talking to major healthcare providers, such as Mount Sinai, Cleveland Clinic, Johns Hopkins and Allscripts Healthcare Solutions (MDRX), about how its HealthKit service can benefit them by storing health data. The talks don’t mean that any of the healthcare providers are committing to HealthKit, but it does show interest in the possibility of having all health data available in a single spot, reports Reuters.

Apple’s HealthKit won’t likely go without its challenges. Depending on who is shares information with and what kind of information it shares, the service may have to meet requirements set up by the Health Insurance Portability and Accountability Act. The tech giant is preparing for the launch of HealthKit with a team of health experts and attorneys to help it figure out how it will handle health information, Reuters notes.

It’s also possible that Apple will see a large amount of HealthKit apps coming from International Business Machines (IBM). IBM is expected to release over 100 apps for the iPhone and iPad and many of them could be centered on health, reports Forbes.

More Apple (AAPL) News

Article printed from InvestorPlace Media,

©2019 InvestorPlace Media, LLC