Summary List PlacementFourteen health systems, including four of the nation's 10 largest, are forming a new company, Truveta, to learn from their patient data. The idea behind Truveta, now headed by Microsoft veteran Terry Myerson, is about two years in the making, Rod Hochman, the CEO of Providence St. Joseph Health, told Insider. In 2019, Providence made $25 billion in operating revenue across 51 hospitals and more than 1,000 clinics in seven states. Hochman, who spearheaded the initiative, wanted big systems like his to work together on complex data problems, knowing their combined insights could be more powerful.