TechEdge AI’s Post

AI is advancing in healthcare faster than expected, posing significant challenges for leaders. Concerns about legal and compliance issues are growing, prompting some health systems to develop strategies for hypothetical scenarios. To manage this shift effectively, Eric Wicklund explains that healthcare leaders must establish both a governance structure for AI and a dedicated strategy for change management and clinician education. Addressing these needs will help integrate AI into healthcare systems responsibly and efficiently. #HealthcareLeadership #Leadership #AI #FutureOfHealthcare #AIGovernance

AI capabilities feature in nearly every vendor's booth, especially the clinical technology solutions – and I think for one key reason – the potential for these technologies to reduce burden on the care team and increase clinical workforce capacity. #healthcare #leadership #fortiumpartners

It’s #WisdomWednesday and we’ve got some content to share "From the Board." This month’s article is recommended by Anna Schoenbaum- DNP, MS, RN, NI-BC, FHIMSS, MD HIMSS Chapter Board Secretary and Vice President, Applications and Digital Health & Predictive Health, Penn Medicine and Adjunct Professor, University of Maryland School (Informatics Program). The healthcare industry faces a myriad of challenges, from workforce shortages to rising costs, demanding innovative solutions. As artificial intelligence (AI) assumes a more prominent role, it shapes the future of healthcare. While AI shows promise in streamlining administrative tasks, improving diagnostic accuracy, and enhancing access to care, its implementation raises concerns about job displacement, skill shifts, and ethical considerations. It's imperative for responsible AI deployment to be human-led, with humans playing a crucial role in assessing and monitoring AI systems. Collaboration between AI systems and healthcare professionals is crucial to harnessing its benefits while mitigating negative impacts. Investment in training programs, alongside addressing ethical and legal implications, is crucial for responsible and equitable AI integration in healthcare. Read more here on a recent HIMSS publication: The Impact of AI on the Healthcare Workforce: Balancing Opportunities and Challenges | HIMSS https://buff.ly/3KVJyO0 #industrynews #fromtheboard #leaders #professionaldevelopment

85% of Healthcare Leaders Investing or Plan to Invest in Gen AI, According to the Largest Survey Reporting from the first day of #HLTHEurope, taking place in Amsterdam, I can say that the gen AI in healthcare is all the rage! A trove of insights came from the announcement of the Future Health Index (FHI) by Philips, the report being the largest surveys of its kind with the input form 3000 healthcare leaders. It highlights the increasing reliance on virtual care and AI-enabled innovations to address significant challenges in the healthcare sector, such as workforce shortages, financial burdens, and growing demand for services. Some key highlights from the FHI 2024 report: An overwhelming 92% of healthcare leaders believe that automation is crucial for addressing staff shortages by reducing the administrative burden on healthcare professionals. However, 65% of these leaders acknowledge skepticism among healthcare staff regarding the use of automation. ✔ Nearly 89% of healthcare leaders have observed a positive impact of virtual care in easing staff shortages, improving patient care delivery, and enhancing staff satisfaction. ✔ Generative AI: The report indicates a significant interest in generative AI, with 85% of healthcare leaders currently investing in or planning to invest in these technologies to enhance clinical decision support and patient monitoring. ✔ Approximately 66% of healthcare leaders report increased burnout and mental health issues among their workforce, underscoring the need for digital solutions to improve efficiency and reduce workloads. ✔ Financial challenges are affecting patient care, with 81% of leaders noting an impact due to limited resources. Strategies to address these challenges include embracing subscription-based models for healthcare technology to reduce upfront costs. More detailed coverage is on BioPharmaTrend.com website (link in the comments). #healthcare #technology #generativeai In the image: Shez Partovi, Chief Innovation & Strategy Officer and Chief Business Leader for Enterprise Informatics at Philips, Chiara Bucciarelli-Ducci, MD, PhD, CEO of the Society of Cardiovascular MRI and Cariology Consultant at the Royal Brompton and Harefield Hospitals in the UK, and Marlies Schijven, professor of Digital Health at the University of Amsterdam and a surgeon at the Amsterdam University Medical Center. 

"Investors and doctors alike are getting excited about AI's potential to make healthcare delivery more efficient, reduce burnout among medical professionals, and improve patient outcomes," says Rebecca Torrence. Preparing for AI in healthcare is not a one-time event but a continuous journey. By proactively addressing challenges, fostering collaboration, and prioritizing ethical considerations, healthcare can harness the power of AI to improve patient care, achieve better outcomes, and advance the field of medicine. #AI #Automation #TechTrends #Healthcare #PatientCare #Collaboration

Healthcare leaders are increasingly investing in AI and automation to tackle financial and operational challenges, particularly due to staff shortages. According to Philips' Future Health Index 2024 report, 85% of leaders are adopting generative AI to streamline processes. Despite 65% of staff showing skepticism towards automation, leaders see it as essential for reducing administrative burdens. AI is being used for clinical decision support and radiology, while virtual care is improving work flexibility and patient experiences. Financial constraints remain a concern, with 81% noting impacts on patient care. https://lnkd.in/eZbuKf9k #healthcare #healthcareinnovation #healthcareit #healthcareai #ai #automation #PatientEngagement

💡 Top of Mind Summit: Digital Health Recap Coming Soon: UPMC Enterprises leaders took center stage at #TopofMind, highlighting the organization’s depth and expertise regarding innovation and technology empowering UPMC. #AI #partnerships #womenshealth #ventureinvesting Learn more about the summit ⬇ https://lnkd.in/eZ2dUPXF

Healthcare staff shortages are straining our systems and impacting patient care. One promising solution lies in the integration of AI to enhance efficiency and alleviate workloads. AI can assist with administrative tasks, streamline diagnostics, and support clinical decision-making, allowing healthcare professionals to focus on patient-centered care. However, despite its potential, many workers remain reluctant and skeptical about AI's role in healthcare. As leaders in the field, we have to address these concerns through transparent communication, robust training, and demonstrating the tangible benefits AI can bring to the healthcare environment. #Healthcare #StaffShortage #PatientCare #AI #Leadership #Training

“Generative AI is transforming the care we provide, enabling personalized treatment plans, real-time patient monitoring and advanced diagnostics. These advancements not only improve current healthcare delivery but also pave the way for future innovations.”   In a recent article, Nirav R. Shah, Stanford University School of Medicine Senior Scholar at the Clinical Excellence Research Center highlighted five ways #GenerativeAI is improving healthcare today and defining its future: - Improving diagnostic accuracy. - Enhancing patient care and management. - Streamlining administrative processes. - Supporting clinical decision-making. - Revolutionizing research and development.   At #BlissBioHealth, AI-backed offerings like data extraction and automation are central to our operations, fueling our commitment to advancing marketing and communications. By leveraging these innovations, we enhance our services and drive meaningful progress in the healthcare industry.   Lean more about the improvements generative AI is bringing to healthcare below: https://lnkd.in/d3Wht_78 #patientcare #healthcareautomation #healthcareinnovation

It was a great honor for me to represent GE HealthCare at the World Health Assembly in Geneva a couple of weeks ago. Here are some takeaways:   1) PPPs allow for pooling of resources and funding to accelerate innovation. PPPs combine public health expertise and private sector innovation. This can accelerate the development and deployment of AI technologies. Governments can provide funding and incentives, while private companies can invest in cutting-edge research and development. Private companies are often at the forefront of AI technology. Collaborating with them can help integrate the latest advancements into public health strategies, ensuring the most up-to-date solutions are used. 2) Gaining scale - both in terms of dataset size & scalability of solutions Public health systems often have vast amounts of patient data, which are crucial for training AI algorithms. Partnerships can facilitate secure and ethical access to these datasets, ensuring AI solutions are robust and accurate. Public health systems have the infrastructure to scale solutions broadly. Partnerships can ensure that AI tools developed by private companies are implemented at scale, reaching larger populations. 3) Making it real - Regulatory support & adoption   Governments can streamline regulatory processes to bring AI solutions to market more quickly, while private companies can ensure compliance with health standards and regulations.   Health moves at the speed of trust. In healthcare it is essential that AI systems are developed with ethical considerations at their core, prioritizing patient well-being and ensuring robust data privacy and security measures.   Government involvement can help build public trust in AI solutions, addressing concerns about privacy and ethics, and promoting wider acceptance and adoption. We at GE HealthCare are heavily investing in R&D for AI technologies, focusing on creating advanced diagnostic and therapeutic tools. We are leveraging partnerships with academic institutions, biotech firms, and health systems to stay at the cutting edge. We are developing AI tools that are easily integrated into clinical workflows. The best AI is the one that is not visible, that is seamlessly integrated into the respective workflows doing the magic in the background.   As a leader in medical imaging, we are pioneering AI applications in radiology and imaging to improve diagnostic accuracy and efficiency. Leveraging our global presence to implement AI solutions across diverse healthcare settings, including partnerships aimed at addressing health disparities in underserved regions. Together with our partners we create a world where healthcare has no limits. video credit: World Health Organization #gehealthcare #AI #digitalhealth #PPP #healthcare