Get All Access for $5/mo

Artificial Intelligence And Its Role In Healthcare AI can improve accuracy, precision and outcomes while reducing time in many facets of this ecosystem

By Dr Amit Kharat

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Pexels

Artificial intelligence (AI) is growing more common in modern industry and everyday life, and it is increasingly being used in healthcare. AI in healthcare can help healthcare providers with various patient care and administrative tasks, allowing them to improve on existing solutions and tackle challenges faster. Although most AI and healthcare technologies are beneficial in the healthcare field, support tactics for hospitals and other healthcare organizations might differ significantly.

For the past 50 years, disease detection and treatment have been at the forefront of AI in healthcare. But unfortunately, they were no better than humans at diagnosing, and their integration with clinical procedures and health record systems was less than ideal.

AI can improve accuracy, precision and outcomes while reducing time in many facets of this ecosystem. It can also assist with laboratory diagnosis, clinical diagnosis, imaging analysis, research studies, financial administration, documentation, workflow simplification and other duties in the healthcare system. Machine learning (ML), deep learning (DL), and natural language processing are some of the AI approach employed in the healthcare industry (NLP).

Medicine is an ever-changing, dynamic field dedicated to improving patient care. Hospitals, hospital administration, doctors, nurses, frontline healthcare workers, insurance companies, pathology laboratories, radiology, pharmacy, pharmaceutical corporations, research and many other parts make up a well-functioning healthcare ecosystem.

The application of various AI approaches in the healthcare sector is determined by the type of data to be analyzed. Healthcare data comes from healthcare providers, insurance companies, pharmaceutical firms and research organizations. Structured and unstructured data are the two types of data. Structured data is consistent and well-organized (for example, blood glucose values of patients taking part in a research study). At the same time, unstructured data is untrustworthy and can differ significantly from one another (for example, human language, imaging, signals such as ECG). After charting it on a correct timeline, minimizing biases, and translating it into a format understandable by the accompanying AI application, the information is ready to train the associated AI model.

AI in healthcare offers a wide range of management applications. AI in the medical context is less revolutionary than in-patient care. Simultaneously, AI saves time and money in managing a hospital. AI applications in healthcare include billing, clinical documentation, revenue cycle management and medical record management.

Machine learning, which may be used to match data across different databases, is another application of AI in healthcare for claims and payment administration. For example, insurers and providers must double-check the accuracy of the millions of claims submitted every day. Detecting and fixing coding errors and false claims saves time, money, and resources for all parties involved.

The most challenging hurdle for AI in healthcare is assuring its acceptance in daily clinical practice, not whether the technologies are capable enough to be helpful. Clinicians may eventually gravitate toward activities that need distinctively human skills and the highest level of cognition. Only medical professionals who refuse to work together can completely miss the potential of AI.

The challenges of AI in healthcare

The quality, quantity, and type of data used to train and evaluate AI models are the most critical factors for a successful AI model. With the continued growth of medical data, using the latest and most reliable data access is essential. It is also necessary to update the model regularly with new data. AI systems can only recognize correlations. In addition, the complex relationships expected by the model are often challenging to interpret.

The point is that artificial intelligence in healthcare is well established. It's a matter of time and usage that becomes a permanent part of the industry. It is the joint responsibility of all major stakeholders to ensure optimal use and constant renewal to meet the diverse needs of the healthcare sector.

Dr Amit Kharat

CEO and a co-founder, DeepTek

Starting a Business

He Started a Business That Surpassed $100 Million in Under 3 Years: 'Consistent Revenue Right Out of the Gate'

Ryan Close, founder and CEO of Bartesian, had run a few small businesses on the side — but none of them excited him as much as the idea for a home cocktail machine.

News and Trends

Tech Burner's Anarc Smartwatch Achieves INR 3 Cr Sales with USD 1 Mn Investment

Anarc features a patented octagonal design by Thought Over Design and Seymourpowell, with a medical-grade stainless steel body. It includes advanced technology like a Hisilicon chipset, AMOLED display, and seven-day battery life.

Marketing

4 Neuromarketing Hacks to Reach More People and Maximize Results

You don't need to be a neuroscientist or have a big budget to start upping your conversions immediately.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Franchise

The Top 10 Coffee Franchises in 2024

From a classic cup of joe to a creamy latte, grab your favorite mug and get ready to brew up success with the best coffee franchises.

Marketing

How Small Businesses Can Leverage Dark Social to Drive Word-of-Mouth Marketing

Dark social accounts for 70% of social media shares and is crucial for small businesses. Here's how you can tap into this hidden marketing opportunity.