Paging Dr. Robot: The coming AI health care boom — from fastcompany.com by Sean Captain
Use of artificial intelligence in health care to grow tenfold in 5 years, say analysts—for everything from cancer diagnosis to diet tips.

Excerpt:

More than six billion dollars: That’s how much health care providers and consumers will be spending every year on artificial intelligence tools by 2021—a tenfold increase from today—according to a new report from research firm Frost & Sullivan. (Specifically, it will be a growth from $633.8 million in 2014 to $6,662.2 million in 2021.)
…
Computer-aided diagnosis can weigh more factors than a doctor could on their own, such as reviewing all of a patient’s history in an instant and weighing risk factors such as age, previous diseases, and residence (if it’s in a heavily polluted area) to come up with a short list of possible diagnoses, even a percent confidence rating that it’s disease X or syndrome Y. Much of this involves processing what’s called “unstructured data,” such as notes from previous exams, scan images, or photos. Taking a first pass on x-rays and other radiology scans is one of the big applications for AI that Frost & Sullivan expects.

 

Babylon, the U.K. digital doctor app, scores $25M to develop AI-driven health advice — from techcrunch.com by Steve O’Hear

Excerpt:

Hot on the heels of PushDoctor’s $8.2 million Series A, another U.K. startup playing in the digital health app space has picked up funding. Babylon Health, which like PushDoctor, lets you have video consultations with a doctor (and a lot more), has raised a $25 million Series A round led by Investment AB Kinnevik, the Swedish listed investment fund.

 

 

Under Armour and IBM to transform personal health and fitness, powered by IBM Watson — from ibm.com
New Cognitive Coaching System Will Apply Machine Learning to the World’s Largest Digital Health and Fitness Community

 

 

IBM Watson bets $1 billion on healthcare with Merge acquisition — from techrepublic.com by Conner Forrest
[Back in August 2015] IBM ponied up $1 billion for medical imaging company Merge Healthcare. Here’s what it means for the future of IBM’s cognitive computing system.

 

The emergence of precision algorithms in healthcare — from Gartner

Summary:

Recent announcements that several medical institutions intend to publish extensive portfolios of advanced algorithms via an open marketplace serve as an early indicator that interest in sharing clinical algorithms is increasing. We explore the impact of this trend and offer recommendations to HDOs.

 

 

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