🤓 The AI Whisperer

Good morning! 

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

This week, we're exploring Prompt Engineering in Healthcare. We also look at House Oversight and Accountability Committee's Investigation into PBM's and can Artificial Intelligence close the health-care gap for women?

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

Let's dive in.

HEADLINE ROUNDUP

• Google’s big healthcare play (Read more)

• House Oversight and Accountability Committee launching an investigation into Pharmacy Benefit Managers’ (PBM) (Read more)

• U.S. regulators rejected Elon Musk’s bid to test brain chips in humans, citing safety risks (Read more)

• A longevity expert who studied people who live to 110 on how humanity and AI will master aging (Read more)

• FDA Approves AI-powered dental platform (Read more)

• Figure emerges from stealth with the first images of its humanoid robot (Read more)

• How CVS evolved from retail pharmacy into health care behemoth (Read more)

• AI/ML innovations' Health Gauge concludes successful Blood Pressure Validation study on its AI-Powered Health Monitoring solution (Read more)

• Artificial Intelligence could soon be widely used to detect breast cancer — and may be more effective than doctors at doing so, study says (Read more)

• Thousands scammed by AI voices mimicking loved ones in emergencies (Read more)

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

THE FEATURE

The AI Whisperer

Imagine a world where you don't have to deal with complex apps or write code to harness the power of AI. Instead, you can just type in your request and let the AI do the heavy lifting.

Sounds too good to be true, right? Well, it's not. Thanks to the remarkable progress in LLMs (Large Language Models), this dream is becoming a reality.

Prompt Engineering

Prompt engineering is the process of choosing the right words and phrases to give the language model the best chance of generating the output you want. When you ask a language model like GPT-3 to generate text, you need to give it some input to begin, called a prompt.

It's like giving the language model a nudge in the right direction. By carefully crafting your prompt, you can influence the text’s tone, style, and content that the language model generates. It can take some trial and error to get the hang of prompt engineering, but it's a powerful tool for anyone using language models to generate high-quality text output.

🔍 How It Works

Here's a list of steps needed to make a prompt engineering system that uses NLP (natural language processing) to understand and respond to human language:

• Identify the task

• Select a suitable language model

• Collect training data

• Define initial prompts

• Fine-tune the model

• Evaluate the performance

• Refine the prompts if needed

• Repeat the process until you’re happy with the result

🦾 Prompt Engineering in Healthcare

Med-PaLm

Google and DeepMind teamed up to create a chatbot, Med-PaLM. Their innovative AI-powered tool generates reliable and useful answers to health-related queries. A team of healthcare experts found that 92.6% of Med-PaLM's responses were equivalent in quality to those of actual clinicians.

BioNeMo

NVIDIA’s BioNeMo makes it easier for scientists to train massive neural networks on biomolecular data through LLMs. For example, ESM-1 processes amino acid sequences to generate representations that predict various protein properties and functions. It also improves scientists' ability to understand protein structure.

💻 The Evolving Jobs in Healthcare

Prompt engineers will play a crucial role in the healthcare industry’s future, designing and implementing prompts that improve patient outcomes. By working closely with both healthcare providers and payers, they are able to understand each problem and find a solution. Effective prompts require constant monitoring and adjustment, ensuring they remain effective and efficient. Prompt engineers can help healthcare professionals make informed decisions by leveraging their skills and expertise, ultimately leading to better patient care.

Data analysts analyze and interpret healthcare data to identify trends and insights that can inform the design and implementation of effective prompts. They collaborate closely with prompt engineers to develop and refine prompts, ensuring they are data-driven and aligned with healthcare providers' and payers' needs. Data analysts also monitor the prompt’s performance, providing regular reports and insights to prompt engineers, who use this feedback to make necessary adjustments and improve the prompt's efficacy.

Clinical researchers can benefit from prompt engineering skills to improve data collection and analysis, which is important for conducting clinical trials and research. Researchers can ensure more accurate and efficient data collection by utilizing prompts tailored to the study or trial.

Medical coders can also use prompt engineering skills to improve the medical coding process. With well-designed prompts, medical coders can create more efficient natural language processing algorithms to automate coding and reduce errors.

There may also be roles related to developing AI-powered prompt engineering tools within healthcare IT. These roles may involve machine learning, NLP, and data analytics expertise.

🤔 Considerations for Leaders Evolving Teams for Prompt Engineering

Evolving teams for prompt engineering presents opportunities for non-technical team members to get involved, as coding isn't necessary in most cases. For example, non-technical team members with domain expertise can become data analysts, helping to fine-tune Large Language Models.

To enhance the effectiveness of their engineering teams, leaders should prioritize developing career paths and job roles that align with the essential skills needed for prompt engineering. These skills include proficiency in areas like data analysis, natural language processing, ethics and bias, and critical thinking.

🛣️ Invest in the Future

Prompt engineering is revolutionizing the healthcare industry with limitless potential. By investing in prompt engineering and understanding its implications, organizations can position themselves as leaders in the industry and ensure they are prepared for the future. The possibilities are endless, and the benefits are profound; it's time to embrace prompt engineering and unlock its full potential for the betterment of healthcare.

INDUSTRY NEWS

• Walgreens won't sell abortion pills in red states that threatened legal action (Read more)

• In first of its kind case, Health Care CEO Charged With Insider Trading (Read more)

• Opinion: How has American healthcare gone so wrong? (Read more)

• Can Artificial Intelligence close the health-care gap for women? (Read more)

• Abridge taps University of Kansas Health System to roll out AI-based medical transcription for thousands of docs (Read more)

• Walgreens, DoorDash and Uber TeamUp to launch free, same day Rx delivery of HIV Medications (Read more)

• 4 AI Stocks that are revolutionizing Healthcare (Read more)

• ADHD startups are exploding, and now there’s even a dedicated browser (Read more)

• How a Digital ‘Baseball Card’ supports care management (Read more)

• Docs join insurers slamming Medicare Advantage payment proposal (Read more)

• What role will femtech play in women’s healthcare? (Read more)

• Predictive Analytics deployment to forecast infectious disease care needs (Read more)

TECH NEWS

• Salesforce announces Einstein GPT, the World’s First Generative AI for CRM (Read more)

• Google AI Introduces Universal Speech Model (USM): A State-of-the-Art speech models (Read more)

• Teradata helps customers unlock true value of their data with integration of Teradata VantageCloud and Microsoft Azure Machine Learning (Read more)

• Microsoft’s latest AI Assistant Is Meant for Marketers, Customer Reps and Work Apps (Read more)

• Why ChatGPT in Healthcare could be a huge liability, per one AI expert (Read more)

• Healthcare API Market Size to Increase at USD 309.86 MN by 2032 (Read more)

• New tool made by Microsoft and Mitre emulates Attacks on Machine Learning Systems (Read more)

• Databricks adds new ML modeling tool to Lakehouse platform (Read more)

• The Health AI Frontier: New opportunities for innovation across the Healthcare sector (Read more)

DEAL FLOW

• Transcarent to Acquire 98point6 AI-Powered Virtual Care Platform and Care Business for $100 Million Healthtech Deal (Read more)

• Salesforce Ventures launches $250M Generative AI Fund (Read more)

• Kindbody announces $100 Million in new funding to further accelerate growth (Read more)

• Best Buy makes Home Hospital Tech Play (Read more)

• WeightWatchers jumps into the prescription weight loss drug business (Read more)

• VillageMD acquires Starling Physicians and broadens its footprint in the Northeast (Read more)

• Assured Allies secures $42.5M Series B to help Americans ‘successfully age’ (Read more)

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