APAC CIO Outlook
  • Home
  • CXO Insights
  • CIO Views
  • Vendors
  • News
  • Conferences
  • Whitepapers
  • Newsletter
  • Awards
Apac
  • Agile

    AI Healthcare

    Artificial Intelligence

    Aviation

    Bi and Analytics

    Big Data

    Cloud

    Cyber Security

    Digital Infrastructure

    Digital Marketing

    Digital Transformation

    Digital Twin

    Drone

    Internet of Things

    Low Code No Code

    Networking

    PropTech

    Remote Work

    Singapore Startups

    Smart City

    Startup

    Unified Communication

    Wireless

  • E-Commerce

    Education

    FinTech

    Healthcare

    Manufacturing

    Pharma and Life Science

    Retail

    Travel and Hospitality

  • Dell

    IBM

    Microsoft

    Salesforce

    SAP

  • Cognitive

    Compliance

    Contact Center

    Corporate Finance

    Data Center

    Data Integration

    Digital Asset Management

    Full Stack Development

    HR Technology

    IT Service Management

    Managed Services

    Procurement

    RegTech

    Travel Retail

Menu
    • SAP
    • Aviation
    • HR Technology
    • Manufacturing
    • Cloud
    • Data Center
    • Education
    • Salesforce
    • Digital Infrastructure
    • Bi and Analytics
    • Unified Communication
    • IBM
    • AI
    • MORE
    #

    Apac CIO Outlook Weekly Brief

    ×

    Be first to read the latest tech news, Industry Leader's Insights, and CIO interviews of medium and large enterprises exclusively from Apac CIO Outlook

    Subscribe

    loading

    THANK YOU FOR SUBSCRIBING

    • Home
    • News
    • Healthcare
    Editor's Pick (1 - 4 of 8)
    left
    Technology’s Role in The Care and Quality of Life for The Aged

    Jose A Perez, Chief Information Officer, Hammondcare

    Digital Transformation - The Right Way

    Amit Goel, CIO, Metropolis Healthcare

    The (E-) Doctor Is In: What Trends to Spot in Healthcare Technology Today

    Dickon Smart-Gill, CIO, Bumrungrad International Hospital

    Analytics and AI in Healthcare

    Steven Parrish, CIO, Taranaki District Health Board

    Document Management in the Cloud

    Alex Choy, EVP R&D CIO, Change Healthcare

    China Embracing Connected Health

    Geoff Feakes, Group CIO, Tunstall Healthcare

    How Healthy is Your IT?

    John Sutherland-CIO-Ramsay Health Care

    Enterprise Architecture - An Extremely Valuable Discipline for Great Businesses

    Ken Spangler, SVP & CIO FedEx Ground and FedEx Freight, FedEx Services IT

    right

    Ai Is the Next Wave in Digital Healthcare

    Shelly Hod Moyal, Founding Partner, Iangels | Saturday, March 26, 2022

    Tweet

    There’s nothing like a global pandemic to rouse the world from its reverie. The last two years have seen not only exponential growth in digital-health markets, but also vast innovation that address niche issues and solve well-trodden problems. As the world pivots away from transactional-based care towards a value-based model with the help of technology, inevitably, digital-health solutions will continue to play an ever-rising role in the delivery, efficacy, and cost structure of contemporary healthcare.

    Enter access and costs; two obstacles that further perpetuate the paucity of equitable and affordable care. According to the World Health Organization (WHO), over half the globe lacks sufficient healthcare whilst ~100 million people annually are cast down the socioeconomic ladder due to exorbitant healthcare expenses. Couple this with the WHO’s added projection that by 2030 there will be a shortage of over 15 million healthcare workers.

    As in so many other sectors, technology is the answer. The digital-health market, April, 2022 9

    now valued at $96.5b, from 2021-2028 it is expected to grow at a 15.1 percent Compounded Annual Growth Rate (CAGR). This tectonic upheaval will in all likelihood leave an indelible mark on healthcare delivery and cost deflation. Examples abound; Internet of Things (IoT) devices such as Google Home or Alexa are evolving into tools for off-site health monitoring, while more advanced devices and software are being introduced to account for the projected shortage of healthcare workers and improve the efficiencies in healthcare processes.

    Though a scenario in which machines replace human healthcare providers is far from reality, the stepping stones have been laid. An increasing number of providers are turning to intelligent, AI-powered solutions to deliver robust support to healthcare practitioners and organizations are implementing technology to improve operations, reduce costs, and deliver value-based care.

    A new dawn, a new day

    Breakthroughs in AI have created a plethora of business possibilities within the healthcare industry. AI implementation can be seen across process automation, personalization, data analytics and generation of actionable insights.

    Due to the scalability of technology and its capability in providing pertinent information to make more informed decisions and increase efficiencies, its growth in healthcare will only continue. Health insurers, for instance, are now able to track members’ vitals in real time so as to better assess health risk and in turn, upgrade underwriting practices and reduce a bloated cost structure. This type of healthcare-at-home is now a reality with companies like Binah.ai, which applies signal-processing algorithms and AI to enable people to extract and measure their vital signs (heart rate, oxygen saturation, blood pressure, stress level and more) through the camera of any smart device with medical-grade accuracy of 96-98 percent - paving the way for true remote-patient care.

    "With The Current Stress On The Healthcare System And Its Inability To Support A Growing Population, Digital-Health Solutions Are Paramount To Alleviating The Pressure And Creating A Method Of Affordable And Equitable Healthcare"

    Or in telehealth, doctor appointments have now become ever more accessible. Startups like Antidote Health, leveraging 20 years of data sets to program its AI algorithms, are solving the pain points of existing telehealth providers and focusing on the underinsured and uninsured markets.

    In clinical settings, AI is changing the way surgeons work. Acclaimed startup, Theator, leverages advanced AI and computer-vision tech to improve the performance, efficiency, and pre-op/post-op process for surgeons. The company’s platform extracts and annotates every key moment from real-world procedures so surgeons gain deep scientific insight into their own performances and those of surgeons worldwide.

    And in the lab, Quris has developed an AI-powered process designed to remove the animal-testing model in drug trials through a technology called ‘Patients-on-a-Chip’. This automated, high-throughput system generates and classifies data - continuously re-training a machine learning algorithm that predicts clinical safety and efficacy, lowering costs and time from trials to release.

    To infinity and beyond

    AI-powered healthcare solutions dramatically augment physician bandwidth—assisting doctors to make more accurate diagnoses and prescribe optimal medications. Providing more efficient, cost-effective, accurate, and safe medical treatment without needing to visit the hospital has obvious implications. What is in front of the market is a complete and utter revamp in the ways in which healthcare is distributed, consumed, and processed. With the current stress on the healthcare system and its inability to support a growing population, digital-health solutions are paramount to alleviating the pressure and creating a method of affordable and equitable healthcare.

    tag

    IoT

    Process Automation

    Startups

    Machine Learning

    Weekly Brief

    loading
    ON THE DECK

    Managed Services 2022

    Top Vendors

    Digital Transformation 2022

    Top Vendors

    Previous Next

    I agree We use cookies on this website to enhance your user experience. By clicking any link on this page you are giving your consent for us to set cookies. More info

    Read Also

    Benefits of IT Compliance

    Geetest, The Company Behind BINANCE CAPTCHA, Launched A New Product Adaptive CAPTCHA

    Axie Infinity moves from Google reCAPTCHA to GeeTest

    IBM ESS 3500 System to Tackle AI Adoption Challenges

    Sustainable Development can Advance with the Support of Digital Public Technology

    IBM Expands Power10 Server Family to Address Changing Business Demands

    Loading...

    Copyright © 2022 APAC CIOoutlook. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Use and Privacy and Anti Spam Policy 

    |  Sitemap |  Subscribe |   About us

    follow on linkedinfollow on twitter follow on rss
    This content is copyright protected

    However, if you would like to share the information in this article, you may use the link below:

    https://www.apacciooutlook.com/news/ai-is-the-next-wave-in-digital-healthcare-nwid-8887.html