The healthcare industry is one of the most popular industries for the implementation of artificial intelligence. The market revenue in 2014 was $633.8 million and it’s estimated to reach $6,662.2 million by 2021.
However, market growth aside, there are more important reasons why the implementation of AI in healthcare is critical for saving lives.
Here are some of them:
Predictive Diagnosis
AI in healthcare it’s used to analyze the patient’s data, and provide the healthcare team with accurate insights that can predict a possible health issue. The team can use this insight to resolve a major medical issue before it even happens.
So far, AI has successfully shown earlier warnings for health conditions like seizures or sepsis, two serious health issues with complex datasets.
A team of scientists from two universities leveraged AI to identify and analyze the most common symptoms of cancer among chemotherapy patients. More than 1300 patients took participation in the study and AI was used to analyze over 38 common symptoms. This way, the AI platform found out that nausea was the key symptom and used this fact for further network analysis.
On top of that, the machine is often working in real-time, analyzing new data, such as physical tests, medical notes, previous history, etc. This way, the AI machine it’s constantly developing new relevant insights that can save lives.
Drug Discovery
Since the cost of testing and the clinical trial is down to $2.6 billion, more and more drug development companies are deciding to invest in AI machines. Using AI for research and analysis is a cost-effective, and revolutionary solution in the long-term.
For example, this year in February, two companies worked together and used an AI machine to create an OCD drug in a year, reducing the creation time from four years to only one. The machine studied and analyzed millions of molecular combinations, something that’s impossible for any human to achieve.
However, the human factor must be included in the entire process of drug development. The right team of scientists and researchers are providing the directions, the tools, and ultimately, they use these insights to come up with a valuable decision.
Virtual Assistance
Virtual assistance is not something new in this digital world, but its healthcare impact can be enormous. Chatbots have multiple benefits both for the medical personnel and the patients.
Other forms of virtual assistants are speech recognition systems, text-to-speech, or text-based AI. The benefits of AI in healthcare as a virtual assistant are the following:
- An excellent informational alternative in a crisis or an emergency, where there’s a lack of medical professionals
- Money-saver machine, that gives relevant and fast answers to patient’s questions
- Providing information about drugs, recommended usage, side-effects, etc.
Implementing AI as a virtual assistant is a valuable asset to any healthcare institution.
Syntelli Solutions Inc. can help you process, manage, and analyze patients’ data by using artificial intelligence. We use our expertise to improve the overall patient’s experience and the performance of any healthcare organization. Contact us to learn more.
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