10 AI Stocks Making Big Moves Today

8. Twilio Inc. (NYSE:TWLO)

Number of Hedge Fund Holders: 74

Twilio Inc. (NYSE:TWLO) is a leading cloud communications platform-as-a-service (CPaaS) company. On March 4^th, the company announced that it has entered into a collaboration with Cedar, the leading patient financial experience platform for healthcare providers, to enhance patient financial experiences in healthcare. Twilio will be powering Cedar’s patient communications across SMS and Voice, including via Twilio’s AI-powered ConversationRelay service.

Its scalable communications technology will be integrated into Cedar’s platform to enhance accessibility, streamline patient interactions, and develop an inherent financial experience. Its AI-powered financial experience will allow Cedar to streamline communications with clients, enable a seamless payment experience, and inculcate smart patient support through AI-powered voice agents. According to the company, Twilio’s ConversationRelay service will become HIPAA-eligible in the coming weeks.

“Cedar is doing the work to unlock a better financial experience, so patients and providers are less focused on billing and more on patient outcomes. We’re just beginning to see the potential of how conversational AI agents can streamline billing for patients while maintaining their trust. Beyond simple IVRs, AI backed by relevant, secure data can provide the patient with context and resources to create a seamless and empathetic experience. We look forward to continuing our work with Cedar to deliver more efficiencies and value to their customers.”

-Andy O’Dower, Vice President of Product Voice and Video at Twilio.