** Shares of data analytics firm Palantir Technologies PLTR.O rise 3.2% to $82.16 premarket
** PLTR and management company R1 are partnering to launch R37, an AI lab to improve healthcare financial performance, the companies say
** Lab will use AI to automate tasks in revenue-cycle operations such as coding, billing and denials management
** Administrative costs account for more than 40% of U.S. hospital expenses, with $160 bln spent yearly on revenue-cycle management, companies say
** R1 plans to deploy comprehensive AI-powered solutions to enterprise customers in H2 of 2025
** Shares of Palantir more than quadrupled in 2024
(Reporting by Kamal Choudhury in Bengaluru)
((Kamal.Choudhury@thomsonreuters.com))
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