The Various Roles of Healthcare Startup
With the variety
of non-treatable and fatal disease challenging the health experts around the
world, artificial intelligence is being proved to be a sigh of relief in many cases.
The basic purpose of healthcare AI applications is to analyze relationships
between treatment techniques and patient survival rates. Such applications are
knitted around practices such as diagnosis, treatment, drug development,
personalized medicine and patient monitoring and care. There are a number of
healthcare startups that are developing AI based solutions for the healthcare
industry. Listed below are healthcare startups to look out for in 2018 as far
as AI based healthcare solutions are concerned.
1.
NeoLight
NeoLight is
a medical tech startup developing products for newborn health conditions. Their
first device, which received FDA clearance, provides care for infant jaundice,
a condition that occurs in 60 percent of infants around the world. NeoLight is
also developing therapeutic and diagnostic tools that aim to reduce hospital
readmissions caused by jaundice. The team is headed by VivekKopparthi, a
Forbes 30 Under 30luminary for health care, and is backed by industry
leaders like Dignity Health.
2.
PokitDok
The network
is intended to provide a secure network for all sources of patient data,
from EMRs to medical devices and pharmacies. PokitDok’s various APIs, as well
as those provided by others, will then be detethered from the
central hospital/pharmacy and instead connected by
a distributed blockchain network. In a demo conducted in September
2016, PokitDok demonstrated how DokChain could be used to run an insurance
claim eligibiliy check with Cigna in seconds rather than hours or days.
3.
AiCure
AiCure claims
its AI can validate and optimize patient behavior by monitoring their
medication taking schedules and helps reduce hospitalization time. Moreover,AiCure
is raising the bar both for the management as well as patients by helping them
spend less time at hospitals and significantly increase their life expectancy.
4.
GEM
Thishealthcare
startup is initially tackling health claims management. The current system for
verifying health claims is time intensive and prone to inefficiencies. Gem’s
platform, GemOS, will allow patients, providers, and insurers to securely view
a patient’s health timeline in real-time, improving speed and transparency
throughout the claims process. Gem has partnered with Philips to explore how
blockchain can be used to integrate data from sources such as employee wellness
programs and wearable health monitors.
5.
Flatiron
Health
Flatiron
Health is one of Google Ventures, a company which develops cloud-based
technology for cancer clinics. The concept behind the venture is to collect
patient data from cancer clinics for pharmaceutical companies without
disclosing their identities. Until today, the company has served more than 260
clinics, raised millions of dollars and helped enhance clinical research on
cancer patients.
6.
Joany
Thanks to
Joany, signing up for health care has never been easier or faster. Joany's
unique platform database uses an algorithm to factor in personal information,
including medication history and lifestyle, to deliver personalized health care
plan recommendations. Their website is the only source that includes data on
every health care option offered throughout the country. Moreover, the Joany
free concierge tool helps with identifying medical bill errors, researching the
best specialists and doctors in their networks and helping people make the most
out of their health care plan.
7.
CareSkore
The
promising system secured 4.3 million dollars to finance its operations. Based
on combination of clinical, labs, demographic and behavioral data, its Zeus
algorithm driven Careskore predicts the likelihood of a patient’s chances of
re-admittance to a hospital. The data is helping the hospitals improve
healthcare facilities along with helping patients to get a better picture about
their health through CareSkore’s personalized, AI-based communication service
platform.
Health care
is an industry with the potential to drastically disrupt or improve everyday
life. With companies and startups launching solutions for messaging, artificial intelligence, and organizational structure,
some much-needed disruption should be expected in 2018.
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