Top Companies Using AI to Transform the Healthcare Industry

The healthcare industry is one of the major sectors where artificial intelligence is being explored and applied the most. Several organizations and medical practitioners are increasingly harnessing technology to transform the healthcare industry, improve patient care, reduce costs, and streamline administrative processes.

In February, WSJ reported about doctors who are using AI technology to help detect new heart problems. Some doctors are also using AI programs to help identify an eye condition that can lead to blindness and patients at risk for sepsis, and even for research purposes. What’s more, AI can even be used to accelerate the drug discovery process by identifying new drug targets and designing new drugs, performing more precise and minimally invasive surgery procedures, and even providing 24/7 healthcare virtual assistance services.

There are several companies making these feats possible in the healthcare industry. In no particular order, below are some of the biggest companies transforming the procedures in healthcare with AI technology: Cera Care, Insilico Medicine, Stryker, Healx.

Cera is one of the largest digital-first home healthcare providers in Europe. The company recently launched an AI-powered tool called ‘Falls Prediction AI,’ which can predict old people who are most likely to fall at home. By collecting key information such as poor sleep or a change in mood, Cera’s Fall Prediction AI can reportedly tell if a patient or elderly person is at risk of falling, with an 83% accuracy rate.

Insilico Medicine is one of the leading companies exploring the use of AI technology for drug discovery. Its AI platform, Pharma.AI, leverages the technology to automate many of the steps involved in the drug discovery process, from target identification to drug design. The application of AI helps reduce the cost and time involved in drug discovery and development processes.

Stryker, a medical device company specializing in Medical and Surgical, Neurotechnology, Orthopedics, and Spine, uses AI with robotics technology for surgery procedures. Its robotic device called Mako assists surgeons in placing knee implants based on an individual patient’s unique anatomy. The robotic arm works using 3D CT-based pre-operative planning.

Healx is a UK-based company that is using AI to accelerate the discovery and development of treatments for rare diseases.

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