artificial intelligence - potential game changer for medical technology companies

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This document is confidential and contains proprietary information, including trade secrets of CitiusTech. Neither the document nor any of the information contained in it may be reproduced or disclosed to any unauthorized person under any circumstances without the express written permission of CitiusTech. Artificial Intelligence: Potential Game Changer for Medical Technology Companies 2 November, 2017 | Author: Poulami Chatterjee: Healthcare Business Analyst, Akash Jha: Healthcare Consultant, CitiusTech CitiusTech Thought Leadership

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Page 1: Artificial Intelligence - Potential Game Changer for Medical Technology Companies

This document is confidential and contains proprietary information, including trade secrets of CitiusTech. Neither the document nor any of the information contained in it may be reproduced or disclosed to any unauthorized person under any circumstances without the express written permission of CitiusTech.

Artificial Intelligence: Potential Game

Changer for Medical Technology Companies

2 November, 2017 | Author: Poulami Chatterjee: Healthcare Business Analyst,

Akash Jha: Healthcare Consultant, CitiusTech

CitiusTech Thought

Leadership

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Agenda

AI: Overview of a potential game changer

AI: Healthcare applications & implications

AI: Key benefits for Medical Technology companies

References

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A set of statistical techniques for identifying patterns and enable intelligent decision support.

Deep Learning

Definition: Deep learning is a sector of machine learning that uses neural networks to mimic the cognitive capability of the human brain.

Technology: IBM Watson, Python, R and Tensor flow etc.

Predictive Analytics

Definition: Predictive analytics has a variety of techniques such as predictive modeling, machine learning and data mining to analyze current and historical facts to predict future outcomes.

Technology: SPSS, SAP HANA RapidMiner, etc.

Natural language processing (NLP) is a field in AI and Linguistics which is concerned with the interactions between computers and human (natural) languages

Artificial Intelligence

Applications and services are designed to simulate human senses and its derived intelligence without any external input to perform cognitive functions such as learning and problem solving.

Machine Translation

Natural Language understanding

Natural Language Generation

Corpus Linguistics

Computer vision is the capturing, processing and understanding of visual information similar to the combination of the eye and the brain.

Image Extraction

Derived Insights & Reports

Image Processing & Analytics

Image Sensors

Natural Language Processing Machine Learning Vision

AI: Driven By Cognitive Tools and Next-Gen Analytics

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Deep Learning

Predictive Analytics

Classification& Clustering

Translation

Image Recognition

Computer Vision

Commonly used software

R Python Cortana IBM Watson

Tensorflow Apache CTAKES Rapid Miner SPSS

Natural Language Processing

Machine Learning

Vision

Artificial Intelligence

3 Pillars of AI

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Use of NLP to scan precedents and research material for cases

Lawyer chatbots to diagnose a case and automatically prepare an appeal

Use of complex AI systems and NLP based research to make trading and investment decisions

“Robo-advisers” offer portfolio management and AI apps help in personal finance

AI based Self-driving cars under test from Uber, Google and Tesla

Intelligent cars self-diagnosing technical problems, locating gas stations etc.

Use of AI to analyze browsing, spending patterns and push ads to users

Smart posters sensing people’s presence and changing ads based on reactions

Analyzing customer emails for meaning and sentiment and feeding data to CRM systems

Deep learning techniques to replace human customer services with bots

Use of AI to prepare completely autonomous reports on major events, i.e., sports, elections

Analyzing consumer pattern and pushing relevant content, i.e., Netflix, Facebook etc.

Today AI has influence over many aspects of our lives

Others uses of AI are Law enforcement, games, smartphones etc.

Marketing Law

Retail Finance

AutomobileMedia

AI: Significant Adoption Across Industries

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AI: Overview of a potential gamechanger

AI: Healthcare applications & implications

AI: Key benefits for Medical Technology companies

Agenda

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AI: Significant Opportunities in Healthcare (1/2)

Patient Engagement

Chatbots

Roles Market

Personalized advice

Diagnosis and Referrals

Medication reminders

Analyze mental health

Lifestyle suggestions

Dr. AI by HealthTap

Buoy app

Microsoft HealthBot

BabylonHealth App

Your.MD app

Population Health

Advanced dashboards

Roles Market

Imaging analytics

Risk Stratification

Survivability prediction

Early diagnosis

Gene sequence analysis

Customized care plans5.3

IBM Watson

Deep Genomics

Google Deepmind

Intel Lumiata

Sophia Genetics

CareSkore

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AI: Significant Opportunities in Healthcare (2/2)

Medicine

Diseases, drugs & trials

Roles Market Drug efficacy prediction

Medication Management

New Drug discovery

Outbreak prediction

NLP based outcomes

IBM Watson with J&J Microsoft Hanover AtomWise AiCure app Insilico medicine PathAI

User Experience

Operational efficiency

Roles Market

NLP Text mining

Natural voice search

Virtual assistants

Internet of Things (IoT)

Linguamatics

Dolbey Fusion Speech

Nuance Nina

Microsoft Cortana

Medical technology companies and application vendors are already developing and prototyping AI applications across various healthcare use cases.

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AI in Healthcare: Industry Adoption (1/2)

Google DeepMind – NHS

Deep learning algorithms interpret visual information in the form of de-personalized scans (head and neck scans at University College London Hospitals NHS Foundation Trust, eye scans at Moorfields Eye Hospital NHS Foundation Trust) to identify potential issues.

IBM – Cleveland Clinic Lerner College of Medicine research

IBM WatsonPaths parses the medical records for facts and test results, then knits them together into competing theories that might explain the patient's symptoms and communicate with Physicians in a natural way.

IBM – Memorial Sloan Kettering Cancer Center

IBM Watson ingests and analyzes tens of thousands of the renowned cancer center patient records and clinical research providing treatment options with degrees of confidence for each, along with the supporting evidence.

Deep Genomics

Leverage deep learning algorithms to decode the meaning of the Genome trying to predict the effects of a particular mutation based on the analysis of other mutations. Developed a database for prediction on how 300 million genetic variations could affect a genetic code.

Enlitic

Interprets a medical image and classify malignant tumors, patient risk and provides decision support. Also does regressive retrospective analysis to judge clinical performance. Detection rate is 50% more accurate and 10,000 times faster than a Radiologist.

Turbine

Models cell biology on the molecular level to identify the best drug for a specific tumor, complex biomarkers and design combination therapies by performing millions of simulated experiments guided by an AI identifying biomarkers signaling sensitivity to treatment.

Research ProductPrimary Care

ResearchOphthalmology

Research ProductOncology

ResearchGenomics

ProductOncology

ProductPharmaceutical

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AI in Healthcare: Industry Adoption (2/2)

Your.MD – NHS

AI-powered chatbot asks users about their symptoms and provides easy-to-understand information about their medical conditions. Uses machine learning, natural language processing and generation. App’s diagnosis has been approved by UK NHS.

Babylon Health

Physician trained AI chatbot provides diagnosis of symptoms, continuously analyzes data and cross-references with other patients, sets up video consultations with selected Providers and manages prescriptions and histories.

Stanford University

In-house AI algorithm, trained with over 130,000 images of moles, rashes, and lesions, diagnoses skin cancer rivalling professional doctors.

AiCure

AI algorithms set up medication reminders, offers facial recognition and visual confirmation of medication ingestion, adapts to patient lifestyle patterns and set up automated interventions in case of deviant behavior.

Arterys – GE Healthcare

AI driven cloud-based medical imaging platform uses MR images to draw up the contours of the heart’s four chambers, measuring how much blood they move with each contraction, usually hand-drawn by Cardiologists. GE plans inclusion in its MRI machines soon.

23andMe – Rthm

23andMe have genetic diagnostic tools to help individuals understand their genetic makeup while Rthm allows users to leverage the insights produced from their genetic test to implement changes to their everyday routine

ProductPrimary Care

Primary care

ResearchOncology

Medication

ProductCardiology

ProductGenomics

Product

Product

Research

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Key AI Focus Areas for Medical Technology Companies

Data Mining and Regression Care Plans

Reduce Redundancy

Population Health

Patient Coordination

Decision Support

Pharmacy OptimizationGenomics/Precision Medicine

AI can predict unseen & intelligent outcomes with attached risk using historical data

Use cases may include ESRD prediction rates and co-morbidity risk & survival

AI uses guided learning to identify repetitive, redundant processes like utilization of scanners

Streamline processes, i.e., auto-booking provider appointments in making a diagnosis

AI based web crawlers can find latest research and treatment for Oncology and Cardiology

Analyze long-term effectiveness of treatment and have alternate care workflows

AI enables Genome sequence mining, identifying potential incompatibilities in medication

Helps save provider time by making educated predictions on risks and prescriptions

AI uses wearables & smartphone to analyze behavioral patterns, risk and medication adherence

Create intelligent tailored care plans keeping in mind payor, risks and past incompatibilities

AI chat bots converse with patients in English and diagnose basic illnesses using databases

Intelligent notifications to patients on change in schedule, i.e., medication adherence

AI can identify usage patters for EHR like frequently used tabs, i.e., open demographics on log-in

Use past analysis to suggest ideal next-steps for a particular patient, i.e., follow-up on BMI etc.

Streamline Pharmacy operations by reordering stock of most used medications

AI can predict new drug behavior based on regression data from its chemical constituents

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Agenda

AI: Overview of a potential gamechanger

AI: Healthcare applications & implications

AI: Key benefits for Medical Technology companies

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Leveraging AI in Medical Technology: Quick Wins

Making Search More Efficient & Accurate

Providers belonging to varied specialties may be using multiple EHRs from different vendors

Natural Language (NLP) search service integrated into the EHR can reduce time spent in searching historical records

It also helps Providers do a more focused searched as compared to manual filters

Improving Care-Coordination

Providers often go through a repetitive process of collecting and interpreting information at multiple points in the care co-ordination process, i.e., appointment, reception, diagnosis and treatment

AI chat bots integrated into Patient Portals can mostly diagnose the illness and book appointments even before the patient reaches the clinic

Enhancing Patient Engagement

Improved turnaround time through use of chatbots and automatic appointments reduce frustration

Patient behavioral analytics and focused notifications, i.e., sleep time, eating habits etc. improve wellness and builds trust

Intelligent notifications and alerts to providers help long-term patient health and improves adherence

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Leveraging AI in Medical Technology: Long-Term Impact

Significant Gains in Population Health

AI initiatives such as chat bots help reduce probability of miscommunication and time to treatment

Predictive analytics on patient behavioral patterns and vitals helps customize better care plans

Advanced risk scoring helps prioritize patients for priority care

AI mining of health records and scanning of new research content helps find new treatment avenues

Reduction in Cost of Care

Long-term population health improvements result in less average treatment costs

Predictive analytics, i.e., tumor analysis, imaging nodule, risk scorings help identify critical illnesses at an early stage

Regression based AI systems can identify under and over utilization of medical resources, i.e., scanners etc.

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AI in Medical Technology: Critical Success Factors

Big Data Challenge: Unsupervised learning requires training samples from a huge volume of data to be successful. Healthcare data in itself in very size intensive

Defining Powerful Use Cases: Use cases will vary significantly, i.e., Patient Engagement may be a use case for a EHR vendor but not for a PACS vendor

Building a Cognitive Data Ecosystem: For AI to succeed, total healthcare data needs to behave as a single entity and completely accessible to the AI subsystems

Customer IT Readiness: Requires investments in Data Scientists, Predictive analytics tools and big-data technologies or partnerships with 3rd party entities

Managing Variability: Advanced AI chatbots may sometimes have unpredictable behavior (MS Tay bot) and needs to be supervised

Supervised Learning: Most AI applications today are supervised learning requiring unbiased data and fast processing for optimal result

Human Challenges: Collection of data for AI implementations will raise security and ethical challenges

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AI in Medical Technology: Critical Success Factors (1/2)

Big Data Challenge Unsupervised learning requires training samples from a huge volume of data to be successful. Healthcare data in itself is very size intensive.

Defining Powerful Use Cases

Use cases will vary significantly, i.e., Patient Engagement may be a use case for a EHR vendor but not for a PACS vendor.

Building a Cognitive Data Ecosystem

For AI to succeed, total healthcare data needs to behave as a single entity and completely accessible to the AI subsystems.

Customer IT Readiness

Requires investments in Data Scientists, Predictive analytics tools and big-data technologies or partnerships with 3rd party entities.

Managing Variability Advanced AI chatbots may sometimes have unpredictable behavior (MS Tay bot) and needs to be supervised.

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AI in Medical Technology: Critical Success Factors (2/2)

Supervised Learning Most AI applications today are supervised learning requiring unbiased data and fast processing for optimal result.

Human Challenges Collection of data for AI implementations will raise security and ethical challenges.

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AI in Medical Technology: Key Takeaways

AI can have huge implications in the Healthcare market as it has been having in other spheres

Most of the innovation in AI is happening under startups with few big players, i.e., IBM, Google

Most popular use cases are Risk Prediction, Medical Image Analytics, Patient Engagement and Medication Adherence

We recommend Medical Technology companies to first identify very strong use cases, i.e., for a Pop Health vendor, Risk Prediction using AI can have huge long-term benefits

Companies will also need to define their strategy for skillsets, i.e., either develop in-house or outsources key skills such as Data Science, Big-Data, NLP etc.

Companies should take a holistic view of the future and not be bogged down by short-term issues in terms of cost, technology and training

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References

https://blogs.thomsonreuters.com/answerson/artificial-intelligence-legal-practice/

http://medicalfuturist.com/artificial-intelligence-will-redesign-healthcare/

http://medicalfuturist.com/top-artificial-intelligence-companies-in-healthcare/

https://www.engineersgarage.com/blogs/top-10-industrial-applications-artificial-intelligence

https://phys.org/news/2017-06-artificial-intelligence-health-revolution.html

https://www.wired.com/2017/01/look-x-rays-moles-living-ai-coming-job/

https://tincture.io/how-ai-will-keep-you-healthy-7140a78e18aa

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Thank You

Author 1:

Poulami Chatterjee

Healthcare Business Analyst

[email protected]

About CitiusTech

2,700+Healthcare IT professionals worldwide

1,200+Healthcare software engineering

700+HL7 certified professionals

30%+CAGR over last 5 years

80+ Healthcare customers Healthcare technology companies

Hospitals, IDNs & medical groups

Payers and health plans

ACO, MCO, HIE, HIX, NHIN and RHIO

Pharma & Life Sciences companies

Author 2:

Akash Jha

Healthcare Consultant

[email protected]