Google executives met last week with their counterparts at WebMD (NASDAQ:WBMD) in New York to pull them in as a partner for the new online service. They plan to pitch the product to other potential partners in the coming weeks.
The plan, as it stands now, calls for there to be four different directories for each different type of user. The prospect of listing a separate directory for medical devices seems to have been scrapped. Users will be able to log in with their own account information and do things such as add a new medical provider, check their medical records or pay their bills.
The product would also provide information about hospitals such as the frequency that a hospital performs a specific type of procedure or which hospitals perform which procedures most often.
Aside from WebMD, Google is hoping to partner with Intuit (NASDAQ:INTU) on the product. Intuit currently offers consumers a software program that helps them keep track of their medical expenses. The company has already met with the CEO of AllScripts LLC (NASDAQ:MDRX), Glen Tullman, and representatives of Epic Systems Corp., which has signed a non-disclosure agreement.
Involved in the project is Missy Krasner, a project manager that joined Google earlier this year. She was previously a top official in the Office of the National Coordinator for Health Information Technology. Adam Bosworth is rumored to be the one directing the company's overall health initiatives.
Google observers who have been expecting a major Google Health initiative to be announced in May were surprised that the company's health-related release was Google Co-Op. Google Coop is a social search product focused around vertical areas such as health, autos and travel. Its health directory allows users to bookmark interesting pages and add them into the directory, which can then be viewed by others. It also allows users to subscribe to feeds from a variety of sources such as WebMD and the Mayo Clinic.
A Google press official declined to comment specifically on their plans. The press official released this statement: "Health has been an area of interest at Google for some time. We have been doing a variety of research in the health area, including how to improve the quality of health-related search results. Google Co-op is one reflection of that. We continue to look for more ways to benefit our users in the area of health, but we do not have any products to announce at this time. As part of our efforts, we work with many companies in formal and informal ways.
If the company's Google Health Scrapbook launches, its health information offering will immediately go far beyond what is currently available to its users via Google Co-Op.
Did you know? Seeking Alpha selects and aggregates content from over 100 stock market bloggers and money managers. You can get Seeking Alpha articles about Google or any other stock in your portfolio emailed to you on publication. Or you can get the One Page Annotated Wall Street Journal Summary emailed to you every morning before the market opens. We don't spam, never sell email addresses, and there's easy-unsubscribe in every email. Sign up here.