Blockchain, AI and Virtual Care — Buckle Up, Healthcare Tech is Taking off in 2018
Dr. Nick van Terheyden, CMO, BaseHealth
Technology continues to move at an exponential pace, leaving virtually no industry untouched. Healthcare is no exception — the technological progress in this space is offering incredible opportunities to improve the health of our population, reduce costs and extend the capabilities of our limited skilled clinical resources.
So, what’s next? There are three specific areas I predict will have a significant impact on the healthcare world in 2018: security, data and virtual care.
The imperative of security
While the healthcare industry has made tremendous leaps and bounds over the past year, it remained a laggard in securing and protecting information. All the while, the industry is a major target for hackers desperate for the data and its rich value.
In 2018, new models of security and protection will emerge designed to help mitigate the exploding edge of healthcare devices and data stored. Tied to this will be the expansion of decentralized and distributed secured ledger systems based on blockchain technology that will offer secure, granular control over data and payment mechanisms.
This development will be increasingly important in the new year as we continue to add huge amounts of data to the clinical record from both industrial medical grade devices (such as the innovative cuff-less continuous blood pressure monitor from Sensogram) and consumer wearable devices.
Expansion of genomics data acquisition
We will also see the continued expansion of genomics data acquisition, which will grow beyond the “simple” genome and lead to a deeper understanding of the microbiome and its impact on our health in unimagined ways.
How? Machine learning algorithms that use artificial (or more appropriately, augmented) intelligence will allow us to make sense of all this data. Clinicians seeking insights and understanding of the workings of the human body and related disease agents will be able to leverage these data troves in a more impactful way. The early stages of predictive analytics are already showing incredible promise to shift the focus of healthcare from a reactive system of treating disease as it occurs to one of predictive, precision-based medicine that identifies risk and offers mitigation and prevention before conditions present themselves clinically.
For instance, at BaseHealth, we’re already putting this approach into action. Leveraging AI, we have reviewed over 150 million published, peer-reviewed research studies containing data on 70 million lives to map the cause and effect pathways for over 40 complex diseases. We can identify patients with underlying risk for these diseases, before the diseases present clinically, which enables healthcare professionals to improve care and reduce cost by identifying the unknown rising risk within a patient population (the “Invisible Patients”).
Addition of virtual care
Finally, I predict that the addition of virtual care (in all its forms) will not only add to the data streams we process and learn from, but will also offer the Silver Surfers (aka Baby Boomers) the potential to age comfortably, safely and healthily in a home-based environment. Access to clinical resources via telemedicine solutions will offer new found efficiencies in the system for patients, medical professionals and the extended medical family care team.