Nicholas Fainlight is an aspiring finance professional.

Tag: Healthcare

Nicholas Fainlight Understanding AI in Healthcare

Understanding AI in Healthcare

Technological innovation in healthcare can make drastic improvements in the care patients receive. Co-founder and CEO of Penumbra Inc., a global healthcare company, talks about his top tips for making healthcare more effective through technology. Being able to invent and develop new products is essential when addressing the complex needs of patients. Doing so could help your company stand out from the competition or allow it to provide new and more effective solutions.

Penumbra’s technology has been shown to improve the quality of life for patients suffering from vascular disorders. The company was founded in 2004 to develop a way to remove blood clots from the brain effectively. Currently, treating these clots with anticoagulation medication can lead to severe complications. Penumbra’s technology offers a revolutionary alternative.

Through its commitment to improving the quality of life for people, Penumbra sees the potential of immersive healthcare as a way to help millions of individuals. This technology, which is already being used in healthcare, can provide patients with various experiences and support their physical rehabilitation.

As a company that values continuous improvement, Penumbra encourages its employees to try new things and develop new ideas. One of the company’s fundamental values is its belief in its employees. This is evidenced by the way it treats them throughout its projects. Most companies structure their work environments so that it’s difficult for people to come up with new ideas. This can prevent them from developing genuinely revolutionary ideas that drive further breakthroughs. According to Elsesser, cultivating a culture that encourages people to share their thoughts and develop new ones is very important to ensure that the company’s continuous innovation is successful. To achieve this, leaders should regularly hire the best candidates and ensure that the people they hire can contribute to the company’s success.

Sometimes, an idea can be truly transformative, but Elsesser warns that it often takes a long time to develop new ideas due to the various steps needed to get them to fruition. The company’s continuous improvement program is focused on identifying and improving key product lines. This strategy has allowed Penumbra to expand its reach beyond the acute stroke intervention space and into other areas such as rehabilitation and physical therapy.

 

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Healthcare Tech Trends to Watch For in 2022

Healthcare is a rapidly changing industry, and that’s for a good reason. Technology is making it easier to provide care in more rural areas with telemedicine, while also providing cheaper healthcare services in cities. As technology continues to change the way people live their lives, so too will it change the way they receive medical treatment. Here are four healthcare tech trends to watch for in 2022:

Advanced Precision Medicine

Precision medicine is a form of treatment that uses information about a person’s genes, environment, and lifestyle to prevent, diagnose, and treat diseases. This type of medicine is still in its early stages, but it has the potential to revolutionize how we treat cancer and other diseases. In 2022, precision medicine will become even more advanced, with the ability to target specific cells within the body. This will allow doctors to treat diseases more effectively and with fewer side effects. Precision medicine is also being used to develop new vaccines and treatments for rare diseases.

Healthy Systems Will Adopt Cloud-Based Systems

One of the biggest challenges for healthcare organizations is storing, managing, and protecting patient data. This information can be sensitive, so hospitals must ensure they have secure storage facilities. However, this means investing time and money into data management infrastructure instead of focusing on their core business function: treating patients. In 2022, more healthcare organizations will adopt cloud systems to store and manage patient data.

Increased AI Adoption

Artificial intelligence (AI) will play a more significant role in healthcare in 2022. AI can help doctors make faster and more accurate diagnoses, while also helping them to reduce the number of unnecessary tests they prescribe to patients. Similarly, AI can be used to predict which patients are likely to develop chronic conditions like diabetes or heart disease. It can then provide personalized treatment plans that will help them manage these diseases before they progress into something more serious.

Digitization of Healthcare Specialties

In 2022, healthcare will be even more digitized. This means that doctors and other healthcare professionals will rely increasingly on digital tools to help them with their work. For example, surgeons will use virtual reality to practice surgeries before performing them on patients. Nurses will use mobile apps to track patient vital signs and medication schedules. Pharmacists will use digital tools to identify drug interactions and recommend alternative medications.

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