Business Intelligence

Representatives from a handful of major global imaging societies are collaborating on a “living document” that will outline a clearer set of ethics for the use of AI in radiology.

Zebra Medical Vision (Zebra-Med), an Israel-based deep learning imaging analytics company, announced it was granted CE certification for two of its AI-based products intended to speed up clinical review and diagnosis. One is for pneumothorax in chest x-rays and the other helps radiologists detect brain bleeds in CT scans.

The U.K. Department of Health and Social Care recently issued a new code of conduct for AI systems in an effort to ensure that only the topmost and safest AI-based systems are used by the National Health Service (NHS). 

Though the use of AI is still in early stages, its wide-reaching potential is expected to be felt by all industries in the near future. The technology is expected to contribute up to $15.7 trillion to the global economy by 2030, according to a PwC global AI study.

AI continues to make strides in medicine, with an expected market size in excess of $13 billion by 2025. But physicians and medical school deans at the Imagine Solutions Conference in Naples, Florida, stressed there is no substitute for the patient-physician relationship. 

Taha Kass-Hout, senior leader of healthcare and AI at Amazon, recently noted the technology and e-commerce giant sees potential in developing healthcare-related AI tools. In an interview with STAT, Kass-Hout didn't divulge many secrets about Amazon's activities with AI, but did talk about certain areas of focus, noting researchers have uncovered “tangible uses of AI."

The Royal Australia and New Zealand College of Radiologists (RANZCR) recently unveiled a draft of ethical guidelines for the emerging use of machine learning and AI in medicine.

Physician burnout is undoubtedly a serious issue in the medical profession—and it often stems from physicians’ EHR use, which, by some estimates, accounts for up to six hours of their daily work load. That's six hours is not dedicated to visiting with patients, a new article in Forbes suggests.

As the healthcare industry continues to embrace AI and unlock its potential, Humana Chief Medical Officer Roy Beveridge, MD, believes the technology will transform patient care.

Paige.AI, a startup that uses AI to diagnose and treat cancer, announced the appointment of Leo Grady, PhD, as its new CEO and a member of its board of directors. Paige.AI was recently named a top startup in CB Insight's third annual AI 100 list.

Thanks to an increasing demand of AI technology for research and drug development, the AI in healthcare market size is expected to exceed $13 billion by 2025, according to a report by Global Market Insights.

AI applications in healthcare are only just ramping up, allowing for an influx of entrepreneurs, according to a new report from Entrepreneur.