The Catalyst

"The catalyst". The role AI could play in shaping personalized healthcare
AI will be the catalyst for shaping personalized healthcare. You may have heard it here first, but from the frontlines, we’re observing tectonic levels of growth globally in AI health applications. According to MarketsandMarkets, AI in the healthcare market is estimated to be valued at $36.1 billion by 2025, which is a 50.2% compound annual growth rate (CAGR) from 2018 to 2025. Technologies such as AI-powered Virtual Health Assistants (VHAs), GPT-powered Chatbots, and steep advances in telehealth technology are all expected to play starring roles in the healthcare system of the near future. All of this investment, progress, and change is thrilling. And from our perspective at FLAVVRR, it’s a revolution in personalized healthcare. Tailored solutions will improve how we include and build solutions for those around us, irrespective of where they’re from. To show you how this could change so many lives for good, we’d like to frame the Hispanic American healthcare experience. 

‍Spotlight on the Hispanic American Healthcare Experience 
‍According to the Pew Research Center, today, Hispanic adults are less likely than any other American to have health insurance and receive preventative medical care. Language, cultural barriers, and higher levels of poverty are also dynamics that contribute to disparate health outcomes: of the Latinos surveyed, 44% say that language & cultural barriers make it difficult to access healthcare in the first place, which leads to worse health outcomes.So when we think of AI-powered health assistants, which could provide patients with accessible, culture-aware info in any language, and answer an encyclopedic array of doubts. We begin to see the potential for anyone to follow treatment plans and take meds that will help them get better.  In the same Pew study, 48% said less access to quality medical care where they live is a major reason for worse health outcomes. AI in telemedicine could make remote consultation seamless, extending healthcare into every area that needs it, not every area that has it. So, we wonder, what could the Hispanic American Healthcare experience look like with all the positive change that could be brought about by AI in healthcare? 

‍AI: The catalyst
‍And while this is a hopeful example, it only scratches the surface of what can be done. Revolutionary changes in disease identification, predictive analytics, drug discovery, precision medicine, health insights, monitoring, scheduling, resource allocation, and healthcare supply change management (to name a few) will lead us to a new world in healthcare. One that’s fairer, healthier, and more caring for all. We’re here to tell you all about it.