Sean Lane, Chairman and CEO of CrossChx based in United States participates in Risk Roundup to discuss Artificial Intelligence based Healthcare System.
Today, healthcare is facing massive complex challenges. While, across nations, over the years, there have been many talks and trials to fix the broken healthcare system to make it more accessible, affordable, and effective; more the decision makers have tried, more it has got messier.
However, it seems there is a hope now and the hope comes from technology!
To begin with, technology driven big-data revolution is already under way in healthcare. At the same time, there is also another silent revolution brewing in healthcare industry in the form of artificial intelligence. This is just the tip of the iceberg. The imminent transformation driven by the rise of artificial intelligence based applications, big data and mobility is poised to not only allow the healthcare industry to digitize many of the pen and paper-based operations and processes that currently slows it down and make it costly and ineffective, but will also help people live longer and better lives.
From medicine to healthcare and wellness to lifestyle management, the transformative impact of artificial intelligence based applications alone presents the healthcare ecosystem, opportunities across a diverse set of administrative, diagnostic, therapeutic and clinical healthcare functions to help deliver affordable, accessible, reliable, transparent and effective medicine and healthcare all over the world.
It is therefore important to evaluate further:
- How will artificial intelligence revolutionize healthcare?
- What is the primary aim of artificial intelligence (AI) in healthcare?
- What healthcare problems are we trying to solve?
- What tasks have artificial intelligence based applications taken over for healthcare so far?
- Is the healthcare industry welcoming what’s coming their way?
- How accurate are the artificial intelligence based healthcare system applications?
- What areas of healthcare market will explode because of advances in artificial intelligence based healthcare applications?
- Will artificial intelligence make healthcare cost-effective?
- How can we take the focus of healthcare back to health using the power of artificial intelligence technology?
- How can we make healthcare system effective using artificial intelligence?
- How many initiatives/startups are trying to re-define and re-design healthcare using artificial intelligence currently?
- What potential artificial intelligence applications exist that everyone can use?
- How would artificial intelligence assist in repetitive healthcare tasks?
- What benefits have artificial intelligence provided to healthcare so far?
- Will artificial intelligence help us analyze healthcare system gaps and weaknesses across nations?
- Will we see artificial intelligence redesign healthcare globally?
- What are the healthcare challenges that applications of artificial intelligence have taken on?
- What challenges we need to overcome to have the transformative effect of artificial intelligence?
- What challenges lies ahead for artificial intelligence driven healthcare solutions to be a reality?
- Is healthcare data secured?
- What changes need to happen for healthcare industry at all levels to benefit from artificial intelligence?
- Is there a need for standardization of artificial intelligence applications?
- How far are we from having reliable cognitive health assistants?
- Will artificial intelligence algorithms be able to tell people they are going to be sick even before they experience symptoms?
- Are healthcare organizations ready for artificial intelligence?
- What will be the market impact? Who will be winners and losers?
- Should artificial intelligence-powered mobile application provide free basic healthcare to everyone across nations?
While the artificial intelligence technology advances could make healthcare more affordable, accessible and effective as we know it, it will also likely bring complex security challenges, industry acceptance challenges, regulatory challenges and many other conflicts and challenges. Now is the time to talk about artificial intelligence based healthcare system and its associated risks!
About the Guest
Sean is a lifelong technologist who grew up in a small, rural town in Ohio and started his career in the U.S. intelligence community, holding leadership positions in the Department of Defense and the National Security Agency. Sean served five combat tours in Iraq and Afghanistan and was awarded the Defense Meritorious Service Medal and Bronze Star Medal for his service. After government service, Sean started his life as an entrepreneur and has founded several technology companies dealing with big data, advanced analytics, entity resolution, and most recently, artificial intelligence. Sean has raised over $40M in venture capital, and is now a leading expert in applying AI to healthcare.
CrossChx is building an identity layer for healthcare that gives people a better way to connect and share their health information. Olive, the company’s artificial intelligence solution, acts as a 24/7 Virtual Care Assistant by automating repetitive, high volume tasks and workflows, including, eligibility, prior authorizations, appointment reminders, and more. CrossChx found that the costs associated with healthcare are significant, and much of these costs are due to enterprise-wide inefficiencies, which are attributed to outdated and siloed procedures for processing and documenting data. Healthcare facilities that hire Olive have taken a proactive measure to prevent the risk associated with these legacy techniques, which can cause serious adverse effects to patients and lead to millions of dollars in waste, fraud and abuse for the health system. Headquartered in Columbus, Ohio, CrossChx has partnered with more than 200 health systems nationwide and created more than 70 million unique patient IDs for healthcare.
About the Host of Risk Roundup
Jayshree Pandya (née Bhatt) is a visionary leader, who is working passionately with imagination, insight and boldness to achieve Global Peace through Risk Management. It is her strong belief that collaboration between and across nations: its government, industries, organizations and academia (NGIOA) will be mutually beneficial to all—for not only in the identification and understanding of critical risks facing one nation, but also for managing the interconnected and interdependent risks facing all nations. She calls on nations to build a shared sense of identity and purpose, for how the NGIOA framework is structured will determine the survival and success of nations in the digital global age. She sees the big picture, thinks strategically and works with the power of intentionality and alignment for a higher purpose—for her eyes are not just on the near at hand but on the future of humanity!
At Risk Group, Jayshree is defining the language of risks and currently developing thought leadership, researching needed practices, tools, framework and systems to manage the “strategic and shared cyber-security, geo-security and space-security risks facing nations today in a digital global age. She believes that the contested commons of cyberspace or space cannot be secured if NGIOA works in silo within and across its geographical boundaries in cyberspace, geospace and space. As security requires an integrated NGIOA approach with a common language, she has launched cyber-security, geo-security and space-security risk research centers that will merge the boundaries of geo-security, cyber-security and space-security.
Previously, she launched and managed “Risk Management Matters”, an online risk journal and one of the first risk publications, publishing “Industry Risk Reports of Biotechnology, Energy, Healthcare, Nanotechnology, and Natural Disasters” over the course of five years. Jayshree’s inaugural book, “The Global Age: NGIOA @ Risk”, was published by Springer in 2012.
About Risk Roundup
Risk Roundup, a global initiative launched by Risk Group, is an integrated cyberspace, geospace, and space (CGS) security risk dialogue for individuals and entities across nations: its government, industries, organizations and academia (NGIOA). Risk Roundup is released in both audio (Podcast) and video (Webcast) format and is available for subscription at (Risk Group Website, iTunes, Google Play, Stitcher Radio, Android, and Risk Group Professional Social Media).
About Risk Group
Risk Group is a strategic security risk research organization. It focuses broadly on the risks facing individuals and entities across nations: its governments, industries, organizations, and academia (in short referred to as NGIOA). Its approach is broad, encircling cyberspace, geospace and space (in short referred to as CGS). It firmly believes that collaboration within, between and across NGIOA will be mutually beneficial to all stakeholders across nations—for not only in the identification and understanding of critical CGS security risks facing one nation, but all nations.
Risk Group believes that risk management, security and peace walk together hand in hand. Though security is related to management of threats and peace to the management of conflict, risk management is related to management of security vulnerabilities as well as management of conflict, and it is not possible to conceive any one of the three without the existence of the other two. All three concepts feed into each other. Risk Group believes that the security we build for ourselves is precarious and uncertain until it is secured for everyone across nations. Tradition becomes our security-so if we build a culture of managing risks effectively it will lead us to security and security will lead us to peace!
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