OneMedNet Selects Palantir to Advance Healthcare AI and Data Analytics
OneMedNet Corporation (NASDAQ:ONMD) has selected Palantir Technologies (NASDAQ:PLTR) to transform the healthcare AI and Real-World Data (RWD) analytics marketplace. Palantir's Artificial Intelligence Platform will provide the infrastructure for OneMedNet's iRWD™ near real-time AI powered provider network ("network") enabling OneMedNet to empower life sciences, medical device, and research organizations with anonymized, regulatory-grade clinical data and advanced analytics to accelerate the development of cutting-edge medical solutions efficiently.
Access to healthcare data remains a key barrier to unlocking the $868 billion market opportunity in AI-driven healthcare by 20301. OneMedNet is positioned at the forefront by leveraging Palantir software to combine OneMedNet's expansive provider network with Palantir's advanced analytics, unlocking scalable recurring revenue opportunities on a secure, regulatory-grade platform.
Under the multi-year agreement, Palantir's Artificial Intelligence Platform—renowned for enabling enterprises to unify complex datasets and enabling real-time insights—integrates with OneMedNet's network, which provides access to more than 5 billion administrative claims and 131 million clinical exams across 1,750+ provider sites, spanning oncology, cardiology, and rare diseases.
Palantir's software will be used to advance OneMedNet's mission to bring the most current data to life sciences organizations decreasing costs and time to market for novel healthcare solutions.
"We're proud to provide the AI infrastructure for OneMedNet to accelerate the delivery of transformative healthcare solutions that will ultimately improve patient outcomes," said Drew Goldstein, Co-Head of Healthcare at Palantir.
Aaron Green, President and CEO of OneMedNet, added, "Palantir's AIP helps us revolutionize our ability to deliver high-quality, regulatory-compliant data at remarkable speed. This positions us to power breakthroughs in clinical research and AI-driven healthcare solutions."
Impact of Palantir's Artificial Intelligence Platform
- Faster Data Discovery: Customer data inquiries fulfilled in minutes instead of days, boosting OneMedNet's ability to win orders with speed and precision.
- Accurate Data Delivery: Customers will be able to create custom cohorts, ensuring every data element aligns with their fit-for-purpose needs and remains fully relevant to their studies.
- Conversational Search: A new AI-powered interface, enabled by Palantir's AIP and LLMs, allows subscribers to search, modify and zero in on the data they need across vast datasets.
- Increased Productivity: Automation to improve OneMedNet's efficiency and reduce costs, enabling scalable growth with improved margins.
- Healthcare Standards Integration: Palantir's ontology, paired with SNOMED, HCPCS, ICD-10, and CPT codes, ensures interoperable data access for life sciences users.
- Anonymization: OneMedNet's proprietary AI algorithms to operate at scale on Palantir's advanced platform to securely de-identify clinical data, ensuring regulatory compliance and protecting against exposure of Protected Health Information (PHI).
OneMedNet's Objectives
- Market Expansion: OneMedNet is expanding its market reach and independently broadening its global footprint to deliver enhanced value to its customer base.
- Data Cohorts: Combining OneMedNet's multimodal regulatory-grade data with Palantir's AI platform to build regulatory grade data cohorts for use in diagnostics, therapeutics, and personalized medicine.
- Clinical Research: Streamlining trials with multimodal, longitudinal data for faster, more cost-effective outcomes.
- Scalable Analytics: Creating a secure platform for tailored, compliant datasets, leveraging OneMedNet's real-time AI powered federated provider network and Palantir's data expertise.
About Palantir Technologies
Software that dominates. Additional information is available at https://www.palantir.com.
About OneMedNet Corporation
OneMedNet is revolutionizing how the world unlocks Real-World Data (RWD), harnessing the untapped potential of over 1,750 healthcare sites through its iRWD™ platform. This isn't just multi-modal data—it's the lifeblood of innovation, from de-identified medical imaging to electronic health records, fueling breakthroughs for drugmakers, medical device pioneers, and AI visionaries. With a network spanning rare diseases, oncology, cardiology, and beyond, OneMedNet delivers precision insights that redefine patient care and power the next wave of healthcare disruption.
Beyond healthcare OneMedNet's proprietary AI anonymizes data for industries like finance, retail, and telecom, unlocking endless possibilities—rigorously testing production system upgrades, de-risking complex projects, and securely sharing sensitive data by stripping out personal information. Learn more at www.onemednet.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements may relate to, but are not limited to, Palantir's expectations regarding the expected benefits of our software platforms and any associated certifications. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. Forward-looking statements are based on information available at the time those statements are made and were based on current expectations as well as the beliefs and assumptions of management as of that time with respect to future events. These statements are subject to risks and uncertainties, many of which involve factors or circumstances that are beyond our control. These risks and uncertainties include our ability to meet the unique needs of our customers; the failure of our platforms to satisfy our customers or perform as desired; the frequency or severity of any software and implementation errors; our platforms' reliability; and our customers' ability to modify or terminate their contract. Additional information regarding these and other risks and uncertainties is included in the filings we make with the Securities and Exchange Commission from time to time. Except as required by law, we do not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments, or otherwise.
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements. All statements other than statements of historical facts contained in this press release are forward-looking statements. We base these forward-looking statements on our current expectations and projections about future events, which we derive from the information presently available to us. Such forward-looking statements relate to future events or our future performance, including: our financial performance and projections; our growth in revenue and earnings; and our business prospects and opportunities. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as "may," "should," "expects," "anticipates," "contemplates," "estimates," "believes," "plans," "projected," "predicts," "potential," or "hopes" or the negative of these or similar terms. In evaluating these forward-looking statements, you should consider various factors, including: our ability to change the direction of OneMedNet; our ability to keep pace with new technology and changing market needs; the competitive environment of our business; risks inherent with investing in Bitcoin, including Bitcoin's volatility; and our ability to implement our Bitcoin treasury strategy and its effects on our business. These and other factors may cause our actual results to differ materially from any forward-looking statement. Forward-looking statements are only predictions. The forward-looking events discussed in this press release and other statements made from time to time by us or our representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties, and assumptions about us. We undertake no obligation to update publicly any forward-looking statements for any reason after the date of this press release to conform these statements to actual results or to changes in our expectations.
View source version on businesswire.com: https://www.businesswire.com/news/home/20251006304673/en/
Palantir Technologies
Lisa Gordon
[email protected]
OneMedNet Contacts:
Michael Wong, VP Marketing
Email: [email protected]