How can software-building capabilities enhance health services, medical technology (medtech) manufacturing, medical device sales and other healthcare organizations? MILL5 can help you innovate and build technology solutions that benefit patients — and increase efficiencies, save time and cut costs for your organization.
HEALTHCARE’S DIGITAL TRANSFORMATION
COVID-19 accelerated healthcare’s digital transformation. Data-reliant technologies are now valuable tools for making urgent, informed healthcare decisions.
This adoption and implementation of Artificial Intelligence (AI) and Machine Learning (ML) by healthcare facilities and medical manufacturers has quickly led to many process improvements, including:
- Streamlined operations
- Reduced time for operations and medical visits
- Better care for patients
- Insights into diagnoses and medical treatments
However, the importance of maintaining personal identifiable information (PII) has kneecapped the promise of AI and ML.
HEALTHCARE’S SLOW EMBRACE OF THE FUTURE
Why has healthcare been slow to embrace the future of technology? According to the MIT Sloan School of Management: “The industry is fragmented, complex and highly regulated.”
Even with the accepted proficiency of telemedicine and digital tools, there are doctors who resist change. “Some medical professionals believed that technology would interfere with their ability to make independent diagnoses and their relationships with patients,” says the National Library of Medicine.
There’s also a question of vulnerability. “The increased use of medical devices that make up the internet of medical things (IoMT), such as wearables, mobile devices, apps, sensors, robotics, monitors, medical equipment, and implants, increase the risk of cyberattacks,” says Med-Tech News.
Additionally, medical and healthcare organizations are wary of privacy concerns. The big questions are whether novel technologies adhere to PII regulations, keep patient information private and provide models with sufficient data.
And some medtech developers have faced execution setbacks. Olympus Corporation experienced technical challenges when ideating a situational awareness solution for hospital operating rooms. The optics manufacturer believed for years that analyzing and processing 4K video in real-time in a highly-regulated environment, with data restricted to on-prem data centers, was technically impossible.
MILL5 UTILIZES LEADING-EDGE TECHNOLOGY TO IMPROVE PATIENT OUTCOMES
MILL5 utilizes AI, ML and the internet of things (IoT) to maximize efficiency and patient outcomes, streamline detection and diagnosis, and improve patient quality of life. Our medtech expertise includes:
- Biometric Telemetry
- Telepresence/Telemedicine
- Video Processing and Analytics
- Medical IoT
- Edge Computing using Azure Stack Edge, Intel FPGA, NVidia GPU and Jetson Nano
MILL5 also offers a PII accelerator that integrates seamlessly with your AI and ML models. Our PII solution is tailored to hospitals, healthcare facilities and medical manufactures, with privacy features that include:
- Redacting personal, private client information so organizations can operate existing AI and ML models and remain compliant.
- Redacting enough client information to maintain adequate PII protocol while feeding models necessary data and information for continued learning.
- Allowing for improved patient outcomes, enhancing decision support systems and preoperative planning, image analysis and more.
MILL5 has used this this expertise to collaborate with prominent healthcare providers and medical parts manufacturers across the globe. We’ve worked with Olympus Corporation and other leading medical companies to incorporate AI and ML models into their productions while ensuring information being passed to models remains compliant.
FOR MORE INFORMATION ABOUT MILL5
Technological innovation in healthcare is speeding up. Partner with MILL5 to champion the most robust digital solutions for medtech developers and healthcare organizations. Fill the form below to get in contact.
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