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Albiorix Technology is a Australia-based IT consulting and software development company founded in 2016. We are a team of 70+ employees, including technical experts and BAs.
Published On: December 11, 2023
As the global population surpasses 8 billion, there is an urgent demand for enhanced, efficient, and swift healthcare systems worldwide. The escalating population and recurrent pandemics like COVID-19 pose substantial challenges to healthcare systems globally, hindering the achievement of the ‘quadruple aim’ in healthcare: improving population health, enhancing the patient’s care experience, elevating caregiver satisfaction, and mitigating the escalating cost of care.
In addition to the quadruple aim, the challenges posed by aging populations, the increasing prevalence of chronic diseases, and the soaring global healthcare expenses compel governments, payers, regulators, and providers to innovate and overhaul healthcare delivery models. The healthcare industry desperately needs help from AI and IoT to streamline healthcare operations and offer more efficient healthcare services.
Furthermore, in the current context accelerated by the global pandemic, healthcare systems face the dual challenge of delivering effective, high-quality care (performing) and implementing widespread care transformations. This transformation involves integrating real-world data-driven insights directly into patient care. The pandemic has underscored not only the deficiencies in the healthcare workforce but also the disparities in access to care, as previously emphasized by The King’s Fund and the World Health Organization.
The utilization of artificial intelligence (AI) and the Internet of Things (IoT) in healthcare holds promise for tackling supply-and-demand challenges. The growing accessibility of multi-modal data encompassing genomics, economic factors, demographics, clinical information, and phenotypic data, combined with technological advancements in mobile technology, IoT, computing power, and data security, marks a pivotal moment of convergence between healthcare and technology.
This convergence has the potential to fundamentally reshape healthcare delivery models through AI-augmented healthcare systems. Together, AI and IoT can revolutionize the healthcare and medical industry for the betterment of humans and their healthcare needs.
Moreover, cloud computing is facilitating the integration of efficient and secure AI systems into mainstream healthcare services. This amazing integration of two different technologies offers the computational capabilities necessary for analyzing substantial volumes of data at faster speeds and lower costs than traditional ‘on-premises’ infrastructure used by healthcare organizations.
Notably, many AI healthcare apps and software development services companies are actively pursuing partnerships with healthcare organizations to propel AI-driven medical innovation facilitated by cloud computing and technology-driven transformations.
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As each day unfolds, Artificial Intelligence continues to advance, becoming increasingly sophisticated and valuable. It adeptly performs tasks that were once exclusive to humans, achieving heightened precision at a reduced cost. The expansive potential of AI and IoT in the healthcare sector is significant, and shortly, the combined forces of AI and IoT are poised to play a pivotal role in shaping our healthcare ecosystem.
The integration of AI in healthcare is revolutionizing medical treatment and enhancing patient experiences, from expediting diagnoses to assisting in robot-assisted surgeries. Artificial intelligence streamlines the responsibilities of patients, doctors, and hospital administrators, performing tasks traditionally carried out by humans but with increased efficiency and reduced costs.
In healthcare, AI manifests in various forms, including uncovering novel connections in genetic codes, empowering robots in surgery, automating administrative functions, personalizing treatment options, and beyond.
Every year, around 500,000 hospitalized patients suffer preventable harm, with more than 100,000 deaths. Under such circumstances, the commitment to enhancing the diagnostic process is one of AI’s most exciting healthcare applications. Incomplete medical histories and large caseloads can lead to deadly human errors. Immune to those variables, AI can predict and diagnose disease at a faster rate than most medical professionals.
The pharmaceutical sector grapples with escalating development expenses and extensive research demands, consuming thousands of human hours. The average cost of subjecting each drug to clinical trials is estimated at $1.3 billion, with only 10% successfully reaching the market. Recognizing the efficiency, accuracy, and knowledge that AI can offer, biopharmaceutical companies are swiftly embracing breakthroughs in technology.
Time holds significant value in the healthcare industry. Streamlining the patient experience efficiently enables hospitals, clinics, and physicians to attend to more patients daily. Research indicates that hospitals with patients reporting positive experiences tend to achieve higher profits, whereas negative reviews can result in financial setbacks.
Healthcare is often recognized as one of the next major frontiers in big data management. In the vast forest of trillions of data points, highly valuable information can occasionally be lost. Moreover, the challenge of connecting crucial data points hampers the progress in developing new drugs, preventive medicine, and accurate diagnoses. To address this issue, many in the healthcare sector are turning to AI as a solution to halt the hemorrhaging of data. This technology dismantles data silos, enabling the connection of information in a matter of minutes that previously took years to process.
The popularity of robot-assisted surgery is soaring, with hospitals deploying robots for tasks ranging from minimally invasive procedures to open-heart surgery. As per the Mayo Clinic, robots empower doctors to execute complex procedures with precision, flexibility, and control, surpassing human capabilities. Surgeons can manipulate a robot’s mechanical arms while seated at a computer console, benefiting from a three-dimensional, magnified view of the surgical site that surpasses what can be achieved with human eyes alone. The use of robots in surgery has resulted in reduced surgery-related complications, diminished pain, and faster recovery.
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AI-driven solutions in the healthcare industry have created numerous opportunities. Are you eager to discover what lies ahead for AI in healthcare? Explore the anticipated trends shaping the future.
While the integration of AI in healthcare presents immense opportunities, it also raises ethical and regulatory challenges, such as data privacy, security, and the responsible use of AI in decision-making. Addressing these issues will be crucial to realizing the full potential of AI in healthcare.
Seamless collaboration is the key to success in healthcare. Our software solutions are tailored to foster teamwork, communication, and information sharing, promoting a unified approach to patient care.
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Unlock the future of healthcare with Albiorix! Contact us today to harness the power of AI for building cutting-edge healthcare mobile apps and software. Our expertise ensures the development of innovative solutions that enhance diagnostics, personalize treatments and revolutionize healthcare delivery. Let Albiorix be your partner in shaping the next generation of AI-enabled healthcare technologies. Your journey to advanced, patient-centric solutions starts here!
To discuss your app idea for free, please call our experts at +1 (912) 528-5566 (US) or (+61) 489-940-484 (Australia) or send us your contact details. You can also get connected with us using LinkedIn and Facebook.
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