Constant technological advancement is perhaps the most critical aspect of the healthcare sector. For decades, technology has ensured improvement in care delivery in leaps and bounds. And artificial intelligence, or AI, is one tech that has shown huge potential to bring about radical changes in the healthcare industry.
Lately, AI has become the driving force for growth of industries across the globe. It’s here to touch and transform every sphere of our lives. But its impact on healthcare soon is expected to be more significant and far-reaching than any other field.
The gaining popularity and use of AI among health insurers, care providers and health sciences owe allegiance to the fact that the technology offers several advantages over traditional administrative, analytics and clinical decision-making techniques.
The last few years have seen increased healthcare startups in the US turning to AI to save on cost, time and energy. Let’s have a glance at the 10-leading healthcare startups applying artificial intelligence to transform healthcare.
Olive
Olive offers a platform to manage administrative workflow for the healthcare industry. The AI-based platform enables organizations to perform eligibility checks, unadjudicated claims, code matching, and data migrations to optimize administrative errors. The platform also offers solutions to manage customers’ efficiency, reduce risk, staff productivity, cost expenses, and investments.
Protenus
Protenus uses artificial intelligence to reduce risk and save resources for the health systems. Compliance analytics provide healthcare leaders full insight into how health data is being used and alerts privacy, pharmacy and compliance teams to inappropriate activity that puts patients and their data at risk. For two consecutive years, Protenus was named one of Forbes’ Best Startup Employers and one of CBInsights Digital Health 150. Protenus was also named the 2020 and 2019 KLAS Category Leader in Patient Privacy Monitoring.
Komodo Health
The company’s Healthcare Map is the foundation of its enterprise technology platform. The Healthcare Map uses artificial intelligence and advanced data analytics to track encounters with the healthcare system for over 325 million patients. Drawing from across the healthcare system, the company says Healthcare Map is the only system of insight of its kind to provide a longitudinal view of the patient journey at scale.
Onyx
Onyx provides 360 degrees FHIR-based interoperability solutions to health payers, clinicians, researchers, labs and those looking for accessing and securely sharing health data. Onyx packages its vast experience in health IT into software that can be used by any organization across the country, whether in the government or the private sector. The result is the SAFHIR interoperability platform. Onyx can boast off of the state-of-art most extensive health IT interoperability solutions anywhere, most notably the Centers for Medicare & Medicaid Services (CMS) Blue Button 2.0 API, the largest FHIR implementation in the world that supports as many as 60 million Americans.
Kyruus
Kyruus pioneered the patient access category within healthcare IT. Through its enterprise provider data management and patient access platform, Kyruus enables healthcare organizations to understand their care networks like never and connect consumers with the right care via modern search and scheduling experiences.
HealthVerity
HealthVerity’s IPGE platform provides a unified infrastructure granting more than 250 leading healthcare enterprises and more than 80% of top pharmaceutical companies the ability to confidently leverage the technical capabilities of identity, privacy, governance and exchange to discover, access and apply real-world healthcare data to a multitude of use cases. Over the past year, HealthVerity’s growth has been accompanied by the selection from the Department of Health and Human Services to deliver Privacy Preserving Record Linkage integrated in the COVID-19 vaccine rollout and partnerships with the FDA and NIH on multiple COVID-19 studies.
Redox
Redox accelerates the development and distribution of healthcare software solutions with a full-service integration platform to exchange healthcare data securely and efficiently. With just one connection, data can be transmitted across a growing network of 1,000 healthcare delivery organizations and 300 independent software vendors. Members of the Redox Network exchange more than 12 million patient records per day, leveraging a single data standard compatible with more than 55 electronic health record systems.
Qventus
Qventus’ AI-based tool is designed to help speed up workflows in several hospital areas, including the emergency department, perioperative areas, patient safety, inpatient, outpatient, and pharmacy. The company claims to be the first real-time clinical operations system for healthcare. Integrating with EHRs, the Qventus platform uses AI and behavioral science to power best-practice solutions.
Alpha Health
Alpha Health provides revenue cycle management (RCM) teams at health systems with Unified Automation – a single solution to navigate the complexities of medical reimbursement efficiently, accurately, and autonomously in the US, enabling health systems to decrease their cost of care and be better stewards of the healthcare dollar.
Ribbon Health
This healthcare data platform provides the critical infrastructure that payers, providers, and digital health companies need to enable accurate provider directories, reliable referral management, and efficient care navigation. Ribbon offers a seamless API layer that integrates into each health care organization’s existing workflow to build connectivity across the industry and continuously improve the accuracy of its data with its spread and use. Ribbon is the only solution to offer all of these capabilities in one platform, and delivers the most comprehensive data on doctors, insurance plans, and the cost and quality of care culled from thousands of sources.
Conclusion: AI is quickly coming closer to performing tasks that humans do, with much more precision, sophistication, and efficiency while saving on both time and money. The scope of AI in healthcare is vast. A number of research suggest that AI can perform as well as, or even better, than humans at many healthcare procedures such as diagnosing disease. AI, without a doubt, is the future. But there is still a long way to go before it replaces humans for broad medical process domains.
