Katharina Mahadeva Cadwell’s Post

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MD at Stanford University Graduate School of Business

Synthesis of AI in Healthcare Fireside chat Dear fellow pathfinders, gamechangers, and trailblazers. Here is a brief synopsis of this highly relevant discussion topic I attended at the HeAL conference in Las Vegas last week. How AI is changing our outlook on modern day healthcare Ian Slade, CEO | HPMA; Ravi Tenneti, Senior Vice President; Eddy Pham, CEO | Infortum.io The fireside chat explored how AI transforms modern healthcare. Here are the take aways: As AI becomes a more prominent aspect of healthcare applications and operations, critical thinking for the individual provider who is using the AI is even more important. AI is a tool that can be employed in multiple use cases to solve complex data aggregation and formatting of such data to assist humans in making decisions based on this complex data. It is a tool of augmented intelligence. But clinical judgment and the understanding of basic ethical principles in healthcare remains an integral and irreplaceable part of care. AI provides better predictive analytics compared to humans, but input data may be biased. Understanding the underlying data science principles to recognize these biases in the algorithm and final output is paramount. The data must then be interpreted in the context of the human experience and within our societal values. The slower speed of AI adoption in healthcare is related to the juxtaposition of high value to high risk, as we are working with real life health outcomes. Predictions are never 100%, and safer applications such as claims processing are excellent for faster adoption. Streamlining operations and resulting cost reductions lead to increased value creation. AI in healthcare is an excellent tool of augmented intelligence, but the a) critical evaluation by the human expert, b) a clear definition of a confidence levels for data outputs defined for different risk levels (treatment decisions versus claims processes), and a c) close collaboration of providers and healthcare stakeholders with data scientists are key in the successful integration of AI as a meaningful tool into clinical practice and healthcare as a whole. In the end, the human connection remains at the center of healthcare. We have a duty to protect the autonomy of our patients – the most vulnerable of all stakeholders – and through ongoing open dialogue ensure that they are able to make informed decisions about their health and receive fair, just, and unbiased care. Thank you to the discussion panel Ian Slade, Ravi Tenneti, and Eddy Pham for such an insightful talk! Katharina

Ian Slade

Healthcare Technology | HPMA | ITC | AI

4w

Insanely good summary Katharina Mahadeva Cadwell

Vinny Shetti

Building Products | Connecting Opportunities

4w

Leading AI impacts in Healthcare one day at a time Katharina Mahadeva Cadwell

Michael Fulton

Envisions and drives Digital Transformations and elevates IT Operating Models to deliver now and in the future

4w

Some really great insights from the panel, Thanks for sharing Katharina Mahadeva Cadwell

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