A healthcare technologies investor shares with Forbes his take on what effects data and AI will have on healthcare and related technology startups going forward.
The growth of data, artificial intelligence (AI) and machine learning (ML) has had a particularly strong impact on healthcare. Let’s look at their impact in 2021 and beyond.
The growth of telehealth means that providers, and consumers, have increased access to data. Analyzing this data is challenging and requires advanced technologies, but it also creates opportunity. Doctors can develop more personalized patient treatments after analyzing clinical data. Radiologists, with the right tools, can analyze data to diagnose patients better. Drug development speeds up with the use of advanced data analysis.
Hospitals have recently taken advantage of AI and ML to improve diagnoses, boost patient outcomes and increase revenue. By using AI technology to improve disease predictions, they can better predict serious conditions, including cancer. Hospitals can use AI to predict the risk of osteoporosis and anticipate which patients will get cardiovascular disease.
Read more in Forbes.