The AI healthcare market is valued at $11 billion in 2021 and is expected to exponentially grow to around $187 billion in 2030, according to Statista, propelling massive changes in how the healthcare industry will evolve in its operations and management in the years to come.
Beginning of an era
AI in healthcare provides a lot of benefits and has the potential to enhance how medical professionals provide patient services such as diagnosing medical conditions, creating treatment plans, and interpreting medical images, X-rays, and scans.
Using AI in the healthcare industry marks the beginning of a new era and how patients can receive precise and customized treatments and services and healthcare professionals can speed up the discovery and implementation of innovations and groundbreaking research.
Azure AI Health Bot expansion
Microsoft announced the expansion of Microsoft Azure AI Health Bot to help healthcare professionals manage administrative and clinical workloads through generative AI capabilities. It can build and deploy AI virtual health assistants and chatbots to support patient engagement.
With the solution, healthcare professionals can create AI-powered customised chatbot experiences for conversational scenarios at scale by combining a built-in medical database with natural language capabilities to understand clinical terminology. It can easily be customised for clinical use cases while ensuring industry compliance requirements and privacy protection.
“We are excited to be collaborating with Microsoft to explore the potential of generative AI through the Azure AI Health Bot. This partnership aims to enhance healthcare content utilization at Ramsay Healthcare, offering a transformative way for healthcare professionals to engage with the vast clinical knowledge base. Our innovative solution facilitates seamless and efficient interactions, providing healthcare teams with quick access to answers, recommendations, and inventive troubleshooting solutions, all delivered through an intuitive chat interface, ” said Towa Jexmark,head of innovation and strategic partnerships at Ramsay Santé.
We are confident that it holds the promise to play a pivotal role in our daily operations, reducing time to find relevant content, and potentially revolutionizing the way we provide patient care,Towa Jexmark
Microsoft Cloud for Healthcare
Aside from the expansion of Azure AI Health Bot in preview, Microsoft also announced new data and AI capabilities across the Microsoft Cloud for Healthcare such as the general availability of multi-language support in Text Analytics for health, an Azure AI-Language service, which can extract medical insights in seven languages; the De-identification service (in preview) in Microsoft Fabric and Azure Health Data Services so organizations can de-identify medical data to maintain its clinical relevance; and additional three new built-in models in preview to Azure AI Health Insights which provide simplified versions of clinical notes and reports, and reveal radiology insights helping radiologists improve their work processes.