Researchers have designed a smart artificial intelligence tool that can diagnose heart problems using a smartphone camera. The end-product development and new start-up forms part of an initiative called START:IP.
The START:IP initiative is run by the INiTS university business incubator. The aim of START:IP is to identify commercially promising research results across Austrian universities. Once selected, the initiative offers the universities potential founders for the creation of innovative startups by linking business entrepreneurs with academics. This allows promising research applications to become concrete applications which can be commercialized and marketed.
To highlight how the process works, a new innovation using imaging technology embedded into a smartphone is to be launched on the market later in 2017. The app has been developed by the Heartshield project, the name for the start-up company. HeartShield developed a novel artificial intelligence platform that can ‘learn’ the signs of heart disease risk from patient data. This is a move on from legacy, statistic driven approaches towards data driven, machine intelligence.
The app works by the user placing their finger in front of the smartphone’s camera lens for 60 seconds while the app is running. The oxygen content of the blood is measured via transmitted light; this allows the heart rate to be calculated. The data is then processed through artificial intelligence algorithms. The program can assess blockages in the arteries.
Commenting on this initial pilot, the INiTS CEO Irene Fialka has told the website BioSpace: “The pilot phase was limited to just a few universities in Vienna but it immediately identified a large number of research results that were suitable for marketing in the context of a startup. And INiTS even managed to find founders for several of these projects during the pilot phase.
There are several emerging business incubators targeting the university sector. These ventures support founders from the idea stage through to commercialization. This is a lucrative area; for example, Y-Combinator, a private incubator and accelerator founded in 2005, has produced companies worth a collective $7.78 billion dollars to date.
In addition to the Heartshield project, other developments within the pilot are the startup 23°, which is a comprehensive data warehouse that compiles demographic, social and economic data. Also in the pipeline is an “electronic tongue”, which is a test to assess the bitterness of foodstuffs. Following the success of the pilot, START:IP will be extended to most of Vienna’s universities, a move supported by Vienna Business Agency’s Technology Awareness program.
A road map for assessing blockchain health care startups
Blockchain-backed health care startups are all the rage right now, and a new open-source tool that tracks data about startups in the aim to help potential investors navigate the pile of startups clamouring for their time and money.
“Blockchain” truly is the buzzword of 2018. In February this year Reuters reported that companies who added “blockchain” to their name experienced a temporary boost in share price, and it’s being applied to health care in a very big way.
Outlets credit blockchain startups with creating new opportunities for health care, and blockchain is being seen, overwhelmingly, as a transformative technology for the health care industry, and even changing the world for the better. In the midst of all this, as in any industry utilizing emerging technologies, there’s concern that not all the blockchain-backed startups are living up to the hype they create around themselves.
Digital biomarker registry Elektra Labs and the Center for Biomedical Blockchain Research at the Icahn School of Medicine at Mount Sinai have partnered to create a open-source database of blockchain health care startups that have passed their review.
Are you thinking about investing in a healthcare blockchain… but are unsure what’s hype vs legit? 🏥💸
— Andy Coravos (@AndreaCoravos) July 25, 2018
Andy Coravos, the CEO of Elektra Labs, and Noah Zimmerman, the Director of Health Data and Design Innovation Center at Icahn School of Medicine at Mount Sinai, wrote a piece about the project in the health and medicine news website Stat about the “most promising blockchain projects in the health care ecosystem” and how buyers and investors should be aware of startups that could be taking them for a ride.
“After reviewing more than 150 white papers, one thing is clear: many of these blockchain projects fall somewhere between half-baked and overly optimistic, with strong marketing teams and shaky technical fortitude (we excluded the outright scams, and strove to be generous to the remaining early projects),” reads the Stat piece by Coravos and Zimmerman.
The researchers on this project established a set of criteria and questions that they used to establish if a blockchain project is “quality,” as they put it. Some of these questions include: “Does the project have a technical white paper that outlines the project roadmap?”, “Does the project have a demo or working project?” and “Does the project publish a public code base?”
Other metrics that are tracked include funding and how funding is raised.
“Health care blockchains have raised hundreds of millions of dollars of capital which will be deployed in the next few months or years,” reads the Stat piece. “(A)nd these projects will form the foundation of our healthcare system for years to come.”
How digital collaboration lets humans be human
By: Sowri Krishnan
Many of us have grown up on a healthy diet of R2-D2, Skynet, Autobots, JARVIS and the Matrix. What was a mere notion – artificial intelligence, bots and algorithms coexisting with and influencing our lives – has now become integral to what we do, both personally and professionally. AI is disrupting the very core of how we interact, both with our fellow humans and with technology.
The impact on our professional lives is particularly significant. Advancements in digital technology are no longer just about bottom-line improvements or creating the next Uber; they’re about identifying ways to enhance our uniquely human capabilities through digital enablement. The result: more meaningful interactions and transactions in our work lives.
By collaborating with the new machines, we can become better at “being human” in how we perform our work, whether we’re caregivers, lawyers, bankers or customer service reps. When we let digital technologies do what they do best – and enable humans to focus on what they do best – we can impact the business much more dramatically than either could accomplish on its own.
Collaborating Where It Counts
We’re seeing this at Narayana Health, an India-based hospital network that we’re partnering with to improve its post-operative care for patients in the intensive care unit (ICU).
In a typical ICU, medical practitioners and caregivers endeavor to administer precise, rapid care, even while they rely on heavily manual documentation processes. Everything from patient progress and vital stats, to lab work and medication dosages is recorded and stored on reams of paper. Even small margins of human error could negatively impact the quality of patient care and outcomes, such as delayed diagnosis, medication errors and faulty patient histories. In the U.S. alone, medical error is the third-leading cause of death, after heart disease and cancer.
Narayana Health sought to enable nursing staff to focus on the work of caregiving by applying digital to process efficiencies and elimination of human error in the ICU. The goal: improve outcomes even while treating more patients by freeing up the resources needed to provide care.
A Human-Centered Approach
Just as we aimed to use digital technology to emphasize the human capabilities of Narayana’s medical staff, we also took a human-centered approach to formulating a solution:
- We embedded a research team into Narayana’s ICU in Bangalore for six months to observe daily interactions among caregivers and patients.
- Our team then determined how staffing levels, time of day, severity of cases and patient load affected the ability to effectively manage patient care.
- We produced multiple prototypes, directly on an iPad, at the point of care, to elicit feedback from the ICU staff.
- We conducted several studies to identify different caregiver personas, in terms of their interaction with patients, hospital devices and systems.
Using this human-centered approach, we developed a technical architecture to standardize, digitize and automate clinical processes. The solution integrated the ICU ecosystem of data sources, including information from medical devices and existing hospital systems. It also enabled tailored alerts and indicators related to patient state. Because the system could churn through data much more quickly and effectively, it reduced dependence on the vigilance of medical staff, who could focus on patient care.
The Benefits of Collaboration
The project generated two simultaneous benefits:
- First, it brought a degree of automation at the point-of-care, resulting in greater operational efficiencies for nurses.
- Second, it introduced standardization through protocol-driven care. This reduced the need for human oversight over standard processes by 80%, and increased nursing efficiency by 45%. Nurses were freed to provide better care to patients, and ICU stays were reduced by 15%.
At the end of the day, it’s exciting to watch the developing capabilities of digital technologies. However, it’s far more rewarding to see what humans and the new machines can accomplish when they work together.
This article originally appeared on the Digitally Cognizant Blog
Cognizant (Nasdaq: CTSH) is dedicated to helping the world’s leading companies build stronger businesses — helping them go from doing digital to being digital.
Here’s the thing about how digital transformation will impact your business
Here’s the thing about digital transformation: Everyone knows it’s happening.
But it’s hard to know which new technology or innovation is going to be the one that upends your industry, opens up massive opportunity, threatens your company, or forever alters your role.
Today we’re introducing a new, custom-tailored service to help you figure that out. The service combines journalism, research and market analysis to help you and your team understand the state of digital transformation (DX) and explore the key developments that will impact your employees and industry.
We call this our “Here’s the thing about…” service. Teaming up with the DX Journal, we leverage journalists, analysts, researchers and strategists to help your company get a full picture of:
- What is likely to impact your industry
- Your team’s readiness to deal with it
- An in-depth look at major developments you need to pay attention to
Here’s how it works:
This service is designed to give perspective on how digital transformation will impact your company. We present our findings in an easy-to-understand format breaking down trends for multiple departments and for every skill set with documented takeaways and action items.
We uncover and share those findings in a simple, two-step process:
Step 1: Research & interview process
- Custom research on digital transformation trends impacting your industry, customers, and competitors.
- One-on-one interviews with your company’s executives, department heads or managers, employees and/or customers.
Step 2: Research presentation
- A presentation to your company in an internal keynote-style presentation to any size group — be it a small strategy team or an all-hands employee seminar.
- Our team of researchers, journalists and analysts will share the research findings, key trends in your industry and provide an overview of how well you’re set up to address challenges or embrace opportunities based on the employee interviews.
Who this service is for:
Let’s start by clarifying that digital transformation is not just an IT problem. Our clients are often leaders who are not technologists. In fact, many companies we speak with are surprised to learn how many areas of the business are impacted by DX, including marketing, HR, IT, sales, operations, legal, and others.
There’s no escaping that every area of a business is going to have to manage change that digital transformation brings. Digital transformation should not be left for the IT department alone to figure out.
With that in mind, we’ve designed this report and presentation service most commonly for executives and managers in:
- Operations, finance & strategy
- Human resource departments
- Marketing and sales departments
- IT departments
Sure, you might not have to deal with artificial intelligence in your accounting department tomorrow. Or chatbots in your HR department. Or big data solutions for your manufacturing warehouse. But how can you be sure if you don’t understand these emerging technologies? What if your competitors are? And what if they’re getting a 6-month head start?
To get started, please contact the DX Institute.
DX Journal covers the impact of digital transformation (DX) initiatives worldwide across multiple industries.
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