As time has progressed and technology has followed suit, humanity has become a custom to a certain level of comfort. There was a time, long ago, when we depended on humans, not technology, to tackle life’s idiosyncrasies, but somewhere along the line we decided that a computer would be far more efficient, and we were completely correct with this assumption. However, even the world’s most brilliant scientists and engineers cannot compete with obstacles that life throws at us. As it relates to the state of our global healthcare framework, we will be in trouble if companies in the healthcare industry don’t start tackling these issues.
Multi-Trillion Dollar Industry Providing Massive Opportunity in 2019 & Beyond
The biggest issue facing the medical field today is inefficiency. This can manifest in any number of ways but the most prevalent occurs in hospitals and clinics where administrators are drowning in a sea of patient data and can’t make sense of any of it. When poor data analytics are at play, this takes a toll on the ability for primary care centers and their medical professional from giving patients the best possible care they deserve. Several field experts have suggested that healthcare companies should invest in artificial intelligence as a means of sorting through patient data, but there has yet to be a company to successfully integrate this tech into its infrastructure.
Premier Health Group Inc. (OTC: PHGRF) / (CSE: PHGI) is a healthcare company you may not have heard of but should consider looking into when searching for innovative companies working to develop medical technologies to help patients feel their best. In addition to supporting and maintaining a patient ecosystem of over 3,000,000 (three million) people, the Company has invested significant resources in exploring the potential opportunities of integrating artificial intelligence into care offerings.
As a leader in terms of taking the first steps towards medical innovation, Premier Health Group Inc. (OTC: PHGRF) / (CSE: PHGI) announced earlier this year that it is working with Bio Conscious Technologies to utilize their artificial intelligence platform and pair it with Premier Health’s user base. Per the details of the announcement, Premier Health Group Inc. (OTC: PHGRF) / (CSE: PHGI) will be partnering with BCT to enable patients and care providers improved monitoring of chronic disease progression and management of chronic conditions, such as diabetes, using BCT’s proprietary AI technology.
While Premier Health Group Inc. (OTC: PHGRF) / (CSE: PHGI)’s efforts to improve how care professionals work with patient data is incredible, they are not the only company taking the steps necessary to improve the overall healthcare industry. In recent news, Amazon (AMZN) announced a new software on Thursday that will allow certain developers to create and offer HIPAA-compliant healthcare skills to be used with Amazon’s Alexa devices. Per the details of the announcement, the new “skills” for Alexa will allow consumers to ask their devices to book doctor appointments, access hospital post-discharge instructions, and check things like whether their prescription is ready.
“Boston’s Children’s Hospital has long believed that voice technology has the potential to substantially improve the healthcare experience for both consumers and clinicians. We began this journey with one of the first Amazon Alexa skills from a hospital four years ago and are thrilled to participate in the initial launch of Amazon Alexa’s HIPAA-eligible service for developers…”
–John Brownstein, Chief Innovation Officer, Boston Children’s Hospital
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