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A-healthcare-technology-every-executive-should-be-excited-about!

Posted on: December 21, 2020

The healthcare industry is ready for some significant changes. From chronic diseases and cancer to radiology and risk assessment, there are nearly endless opportunities to leverage technology to dispose of more precise, efficient, and impactful interventions at precisely the right moment in a patient’s care.

As the healthcare industry shifts away from fee-for-service, so is it moving further and further from reactive care. Getting ahead of chronic diseases, costly acute events, and sudden deterioration is the goal of every provider – and reimbursement structures are finally allowing them to develop the processes that will enable proactive predictive interventions.

The adoption of artificial intelligence in healthcare has been a hot topic, and rightly so. AI innovation has already demonstrated significant promise in healthcare by reducing providers’ costs and improving quality and access to patients.

Does pandemic accelerate the AI (Artificial Intelligence) adoption rate?

Artificial intelligence offers several advantages over traditional analytics and clinical decision-making techniques. Learning algorithms can become more precise and accurate as they interact with training data, allowing humans to gain unprecedented insights into diagnostics, care processes, treatment variability, and patient outcomes.

The adoption of artificial intelligence within the healthcare industry is expected to advance rapidly at an annual rate of 40% through 2021 – to $6.6 Billion, from roughly $600 Million in 2014.

Leveraging AI for clinical decision support, risk scoring, and early alerting is one of the most promising development areas for this revolutionary approach to data analysis. By powering a new generation of tools and systems that make clinicians more aware of nuances, more efficient when delivering care, and more likely to get ahead of developing problems, AI will usher in a new era of clinical quality and exciting breakthroughs in patient care.

NerdPine’s technology advice for a Socio-economic startup at pandemic covid-19

TWF Verify digital solution leveraged Artificial intelligence (AI) and the next gen design thinking mobile app to engage customers for the verification process for COVID-19 serostatus (meaning whether or not an individual possesses the antibody), creating a safer and more productive society. TWF Verify provides benefits to those that test positive and/or negative for the antibody and provide data to inform public health responses.

The TWF Verify App aims to help us get back to our newly altered reality by leveraging the record-keeping data from the lab results and making it available to the person verifying the results for decision making.

Are you interested in learning more about healthcare applications? Watch out for our next blog on how blockchain technology is prepared to take the healthcare industry by storm.

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Author

Aishwarya

Aishwarya Aier
Manager. Innovation

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