#healthtech #healthcare #llm #ai #market
Created at 160923
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#shower-thought
Last modified date: 160923
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# 160923 9016 ai health market
https://www.sequoiacap.com/article/generative-ai-for-healthcare-perspective/
![[Pasted image 20230916090046.png]]
| Company | Description | Source |
| ---------------- | -------------------------------------------------------- | ------ |
| Aqemia | A generative AI startup in healthcare | [2] |
| Hippocratic AI | A generative AI startup in healthcare | [2] |
| Navina | A generative AI startup in healthcare | [2] |
| Subtle Medical | A generative AI startup in healthcare | [2] |
| Google Cloud | Offers generative AI solutions for healthcare | [1] |
| HCA Healthcare | Exploring generative AI systems in healthcare | [1] |
| MEDITECH | Implementing generative AI in electronic health records | [1] |
| Ginkgo Bioworks | Using Google Cloud's generative AI technology | [1] |
| Hackensack Meridian Health | Using Google Cloud's generative AI technology | [1] |
| Huma Therapeutics | Using Google Cloud's generative AI technology | [1] |
| Infinitus Systems Inc. | Using Google Cloud's generative AI technology | [1] |
These companies are involved in various aspects of generative AI in healthcare, such as improving clinical trial processes, standardizing and automating healthcare processes, making it easier to search and summarize electronic health records, and more[1][2].
Citations:
[1] https://blog.google/technology/health/cloud-next-generative-ai-health/
[2] https://www.beckershospitalreview.com/digital-health/4-most-promising-healthcare-generative-ai-startups-per-cb-insights.html
[3] https://www.syntegra.io/news/generative-ai-for-healthcare
[4] https://www.fiercehealthcare.com/health-tech/new-startup-aims-build-generative-ai-healthcare-armed-50m-general-catalyst-a16z
[5] https://medcitynews.com/2023/07/generative-ai-healthcare-llm-pharmaceutical-chatbot/
[6] https://www.bain.com/insights/getting-the-most-out-of-generative-ai-in-healthcare/
[7] https://www.linkedin.com/pulse/generative-ai-startups-watch-healthcare-life-sciences-renee-yao
## top problems yet solved
Based on the article, some of the top unsolved problems in healthcare that generative AI could help address include:
1. Patient engagement and adherence - Patients not following treatment plans or taking medications as prescribed leads to over $100 billion in unnecessary healthcare costs. AI could be used for automated reminders and answering common patient questions.
2. Medical documentation - Transcribing and coding doctor-patient interactions is manual, time consuming, and contributes to physician burnout. AI-enabled medical scribing could automate documentation.
3. Prior authorizations - The prior authorization process for medications and procedures is burdensome for providers. AI can help automatically fill out authorization forms.
4. Medical coding - Coding errors lead to billions in lost revenue for hospitals. AI can analyze notes and records to suggest proper codes.
5. Revenue cycle management - Following up on denied claims, insurance verification, and appeals with payers requires lots of administrative work. AI can optimize workflows and automate parts of the process.