Tractica, a market intelligence firm that focuses on human interaction with technology, has released a research report titled “Artificial Intelligence for Healthcare Applications” The report discusses several major trends in health care. The key findings include:
Artificial Intelligence on the Rise
As healthcare continues to transform with technology, paper-based records continue to decrease as AI holds a more efficient role in collecting data. With the explosion of technological data, there is now a strong demand to extract this information, keep it secure and utilize it. In healthcare, AI is being used to review data and uncover patterns that can be used to improve analyses. The ultimate goal is to provide better care for patients while also reducing costs.
Digital Healthcare Revolution
The increase of wearables and remote patient monitoring applications has enhanced the amount of data available on individual patients. In recent years, population health databases have continued to be digitized, which has allowed doctors to customize this information about disease incidence, treatment options and patient outcomes. Genomic research is also utilizing this data by investigating diseases and researching how to eradicate them entirely.
Increasing Utilization of Electronic Health Records
As healthcare data moves to electronic health records (EHR), physicians, hospitals and patients can now more quickly manipulate data and easily move it from one system to another. Adhering to privacy regulations has also led to more widespread treatment across providers and payers. Deep learning algorithms can now mine through data and conduct analyses of conditions and treatments, in order to ensure patients and providers have a correct depiction of the patient.
Technology and Ecosystem Complexity
A challenge of collecting data is often capturing the data and seamlessly having it communicate to another system, also known as integration. Technology vendors claim that data integration ultimately entails using the right application programming interface (API) or plug-in. In actuality, individual healthcare departments may not want to change or adapt their own systems. Also, they may not have a budget for it or they may not have the technical expertise to integrate new data streams. According to Tractica, integrating any type of AI technology will be an organizational exercise, no matter how influential the technology is.
For more information or to order the report, visit Tractica’s website.