🤧 AI vs. Outbreaks

Good morning! 

Welcome to Healthcare AI News, your weekly dose of the latest developments and headlines in the world of healthcare AI.

In this issue, we explore the potential of AI to combat infectious diseases, highlight Microsoft's advancements in Healthcare AI, and share insights from Bill Gates. We also cover the intriguing story of school districts suing tech giants over mental health and how Tech leaders compete in the battle of Healthcare AI.

Be sure to read on to see this week's Top headlines, Industry, Tech, and M&A news. 

Let's dive in.

HEADLINE ROUNDUP

• Nuance and Microsoft unveil AI powered clinical documentation Tool (Read more)

• Cleveland Clinic and IBM unveil first Quantum Computer dedicated to Healthcare research (Read more)

• Elizabeth Warren wants FTC to crack down on Healthcare mergers (Read more)

• Introducing Microsoft 365 Copilot – Turn your words into the most powerful productivity tool on the planet. (Read more)

• Insights from Bill Gates: The Future of AI and its impact on our world (Read more)

• ML algorithm using EHR data to predict Postoperative complications (Read more)

• Google Health looks to consumerize AI with chat and wearables (Read more)

• If you’re diabetic, don’t wait for your smartwatch to replace your needles (Read more)

• ‘Yeah, I was wrong’: Anthony Fauci opens up on his regrets (Read more)

💡 Keep reading to catchup on Industry, Tech & Deal flow

THE FEATURE

Using AI To Combat Infectious Diseases

As the world grapples with the aftermath of the COVID-19 pandemic, it has never been more evident how important it is to find and fight infectious diseases. Is AI the technology that's changing the game when it comes to disease surveillance, drug development, and diagnostic accuracy? With its ability to analyze vast amounts of data, AI may just be the key to detecting and combating infectious diseases more effectively than ever before. 

AI opens the door to new and underexplored data sources and improves the traditional set of tools for analyzing text, images, videos, and other structured and unstructured types of information. It also provides modeling frameworks to simulate complex setups and scenarios of infectious disease transmission and public health responses, which were impossible before. These AI-driven systems facilitate early detection to give public health officials a head start in deploying resources, educating the public, and implementing preventive measures. 

Where We Are Today

Reducing the burden of death due to infection is an urgent global public health priority. Bacterial infections are responsible for 7.7 million deaths, which is 13.6% (or 1 in 8) of all global deaths. Making bacterial infections the second-leading cause of death globally.

More than 1.27 million people died in 2019 from infections caused by antibiotic-resistant bacteria —more than the annual death toll from malaria or Aids, highlighting the need to deploy emerging technology to address the growing impact of infectious diseases. 

Identifying And Monitoring Infectious Diseases With AI

AI has emerged as a crucial tool in the fight against infectious diseases, aiding in the detection and early warning of outbreaks, trend prediction, modeling, and assessing public health responses. By analyzing diverse data sources, AI-driven tools can identify outbreaks in their nascent stages, forecast transmission patterns, and pinpoint potential targets for drug and vaccine development. These tools can enhance disease surveillance and outbreak response by facilitating faster and more accurate detection, improved treatment modalities, and preventive measures.

• BlueDot uses AI algorithms to detect potential disease outbreaks and provide early warnings to healthcare providers and public health officials.

• PathAI, a Boston-based startup, is using AI to improve the accuracy and efficiency of pathology diagnoses. Their platform uses AI technology and deep learning algorithms to analyze tissue samples and identify potential signs of diseases.

• Karius, is a California-based company that uses AI to diagnose infectious diseases through a simple blood test. The Karius test identifies more than 1,000 clinically relevant pathogens from a single blood draw using novel genomics and uses advanced AI algorithms for the analysis of complex genomic data in real-time.

The Role Of AI Chatbots In Combating Infectious Diseases

AI Chatbots have the potential to be a valuable tool in providing information, answering queries, screening individuals, and monitoring infectious disease outbreaks. 

Buoy Health has developed a chatbot to help individuals identify and manage the symptoms of infectious diseases such as COVID-19, the flu, and strep throat. The bot asks questions to understand the patient's current health concerns, allowing AI to identify potential causes of symptoms, and guide users. Buoy Dashboard will enable patients to research their insurance plans’ benefits to ensure access to in-network providers.

Care Angel is another company changing the game when it comes to patient care by using an AI-driven CareChat. Care Angel can close care gaps for patients with chronic conditions like never before, using augmented intelligence to reach a whopping 600% more people than traditional care management solutions.

The Future Of AI In Healthcare 

As we look to the future of healthcare, it's clear that AI will play an increasingly important role in managing infectious diseases. By harnessing the power of data, predictive analytics, and machine learning, AI can transform how we approach disease detection. From improving the accuracy of diagnoses to streamlining claims management and facilitating communication between stakeholders, the benefits of AI are truly limitless.

INDUSTRY NEWS

• School districts sue tech giants over youth mental health crisis (Read more)

• Almost half of Health Systems use AI for workforce issues (Read more)

• AI image generation using DALL-E 2 has promising future in Radiology (Read more)

• Medtronic and NVIDIA collaborate to build AI platform for medical devices (Read more)

• Best affordable Health Insurance Plans of March 2023 (Read more)

• What happens when Private Equity firms buy hospitals? (Read more)

• DaVita seeks to transform kidney care management with new CWOW™ platform (Read more)

• How AI can help medical device manufacturers innovate faster (Read more)

• Boston startup uses AI to untangle health insurance problems (Read more)

• A hormone shot helped drunk mice sober up quickly (Read more)

• University of Pittsburgh Medical Center plans to roll out a generative AI tool (Read more)

TECH NEWS

• AI might have already set the stage for the next tech monopoly (Read more)

• Revolutionizing Healthcare data management with AI and Blockchain: Galeon’s approach (Read more)

• NVIDIA unveils Large Language Models and generative AI service to advance life sciences R&D (Read more)

• Introducing GPT-4 in Azure OpenAI service (Read more)

• Most Physician Directories are wrong - How can Tech help? (Read more)

• A search engine researcher explains the pros and cons of letting ChatGPT and other chatbots search the web for you (Read more)

• How Healthcare CISOs can automate cloud security controls (Read more)

• How Tech leaders compete in the battle of Healthcare AI (Read more)

• Text-to-video AI inches closer as startup Runway announces new model (Read more)

• Could you train a ChatGPT- beating model for $85,000 and run it in a browser? (Read more)

DEAL FLOW

• Maven Clinic accelerates growth in the United Kingdom with acquisition of Naytal (Read more)

• Apprentice.io announces groundbreaking product to centralize life science manufacturing management and raises $65 million (Read more)

• Clever Care a culturally-inclusive Medicare Advantage health plan, raises $42 million in Series C financing, bringing the total capital raised to $138 million (Read more)

• SpectrumAi secures up to $20M series A investment (Read more)

• Artera launches with $90 million in funding to personalize cancer therapy with Multimodal AI (Read more)

• UST HealthProof acquires Advantasure (Read more)

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TOP 3 TWEETS OF THE WEEK