A significant amount of investment and resources are required to see a slightest development in the healthcare vertical. But technologies like Artificial Intelligence (AI) are ‘self-running engine for growth in healthcare.’ According to a report of Accenture, when combined with other resources, key clinical health AI applications can possibly generate $150 billion in yearly savings for the US healthcare economy by 2026. This technology has brought a paradigm shift in the healthcare industry, driven by the better availability of medical data and rapid development of analytics methods.
AI uses algorithms that promote it to ‘learn’ features from an enormous volume of healthcare data. It then uses this acquired acumen to assist clinical practice. This capability of AI can be further enriched by providing it with learning as well as self-correcting; so as to increase the accuracy of the feedback. A system built around AI can assist the physicians, by providing informed medical statistics from previous literature and clinical practices, to offer proper patient care. Diagnostic and therapeutic errors can be reduced to a great extent with the use of AI. All these gains and assistance is provided in real time, thus allowing the physicians to take fast and calculated decisions.
In this issue of “The 10 Most Innovative Companies Bringing AI to Healthcare”, we have highlighted some of the renowned organizations from all over the globe, which have attained the feat of integrating AI into their solutions successfully and are now ready to play the next big inning. These companies are transforming the way we care, with unique strategy implementation and patient satisfaction and engagement as their highest priority.