Table of Contents
ToggleArtificial intelligence isn’t merely upgrading the technology of healthcare industries – it’s fundamentally altering how we approach patient care, operational efficiency, and groundbreaking medical research. Generative AI (GenAI) in healthcare is revolutionizing how professionals diagnose diseases, develop pharmaceuticals, and enhance patient care.
“India’s healthcare industry may see Gen AI applications contributing $64 billion to GDP in seven years, particularly streamlining outpatient journeys and clinical documentation for improved patient care.” – EY
While AI streamlines processes and fosters economic potential, it’s crucial to navigate ethical considerations like drug safety, data privacy, and transparency as Generative AI in healthcare becomes more integrated into the field. By prioritizing these aspects, we can ensure responsible innovation and maximize Generative AI in healthcare’s positive impact on patient outcomes and societal well-being.
In this article, we will explore the transformation of the healthcare industry, thanks to the revolution that is generative AI. We will share real-life examples and implementations and the process with which you too can create your gen AI agents to automate processes and sift through data.
AI in Action: 4 Use-Cases of Generative AI in Healthcare
Several healthcare companies and drug discovery giants have been using generative AI for quite some time now. It has helped them increase the speed and scale of medical advancements. Not only that, generative AI has helped bring about compassionate changes to an industry that revolves around healing and recovery.
According to the Deloitte Center for Health Solutions, surveys:
- 75% of leading health care companies are experimenting with or planning to scale Generative AI across the enterprise.
- 82% have or plan to implement governance and oversight structures for Generative AI.
- Leaders see promise in Generative AI for improving efficiencies (92%) and enabling quicker decision-making (65%).
“Global giants like Pfizer, Sanofi, and Merck are using Gen AI for drug discovery, while Janssen and Merck leverage it for drug design.” – EY
- Chatbots as Compassionate Companions
AI-driven chatbots aren’t just virtual assistants; they’re compassionate companions offering instant, personalized support to patients. From appointment scheduling to providing real-time health advice, they are revolutionizing patient engagement.
- Predictive Analytics For Disease Prevention
AI’s prowess in predictive analytics transcends traditional boundaries. By amalgamating patient history, genetic data, and environmental factors, predictive models empower healthcare professionals to adopt preemptive measures for disease prevention. Researchers at the University of Pennsylvania deployed a generative AI model to simulate the spread of COVID-19, aiding in the evaluation of public health interventions like social distancing and vaccination.
3. Data Analyzers Illuminating the Path to Precision Medicine
The journey towards precision medicine is illuminated by AI-powered data analyzers. By sifting through extensive patient data, these analyzers uncover intricate patterns, facilitating the creation of personalized treatment plans tailored to individual patient needs.
The fusion of AI and medical imaging is an invisible force revolutionizing diagnosis. AI algorithms meticulously analyze medical images, detecting subtle nuances that might escape the human eye, thereby enhancing diagnostic accuracy.
On the growing usage of Generative AI in healthcare, Bernard Marr, business and technology futurist at U.K.-based Bernard Marr & Co. said “Over the next decade, I anticipate these technologies will mature and become integral parts of the healthcare ecosystem.”
Generative AI in Healthcare: Wisdom from Industry Giants
Mayo Clinic
Pioneering a new era of efficiency, Mayo Clinic became one of the first healthcare institutions to utilize Microsoft 365 Copilot. This GenAI service empowers staff by streamlining workflows through the integration of large language models with existing data.
“Privacy, ethics and safety are at the forefront of Mayo Clinic’s work with generative AI and large language models,” said Cris Ross, chief information officer at Mayo Clinic. “Using AI-powered tech will enhance Mayo Clinic’s ability to lead the transformation of healthcare while focusing on what matters most — providing the best possible care to our patients.”
Navina AI
Medical AI startup Navina empowers doctors with a game-changing assistant. This generative AI tool tackles administrative burdens, accessing patient data (EHRs, claims, scans), providing status updates, recommending care options, and answering questions.
Navina even automates tedious tasks by generating structured documents like referrals and progress notes. Their $44 million funding haul suggests the medical community is ready to embrace the future of AI-powered healthcare.
Did You Know? The global artificial intelligence in the healthcare market was valued at USD 16.3 billion … CAGR of 40.2% to reach USD 173.55 billion by 2029. – Binariks |
Insilico Medicine
Generative AI in Healthcare, still a fresh concept for many, has been Insilico Medicine’s secret weapon for years. Their early embrace of deep learning is now yielding real results, with a drug candidate discovered using their AI platform entering Phase 2 clinical trials. This candidate targets idiopathic pulmonary fibrosis, a rare but debilitating lung disease.
Insilico’s AI platform streamlined the entire preclinical drug discovery process, from identifying a target molecule to generating and evaluating drug candidates, even predicting potential clinical trial outcomes.
“This first drug candidate that’s going to Phase 2 is a true highlight of our end-to-end approach to bridge biology and chemistry with deep learning,” said Alex Zhavoronkov, CEO of Insilico Medicine. “This is a significant milestone not only for us, but for everyone in the field of AI-accelerated drug discovery.”
Strategic Moves: How are Companies Implementing AI?
There are several ways in which companies are using AI for different advancements. Here are some paths that they tend to take:
A) The SaaS Revolution
Embracing Software as a Service (SaaS) solutions allows healthcare organizations the luxury of uncomplicated creation of custom chatbots and knowledge search applications, offering seamless integration and operational efficiency.
B) Langchain’s Open-Source Synergy
Langchain’s open-source framework emerges as a beacon in the AI in healthcare customer engagement realm. Dr. Claude, a project harnessing LangChain’s power to revolutionize healthcare. Using LangChain to build a Monte Carlo Tree Search (MCTS) for patient-doctor interactions is a technical breakthrough with real-world potential. Dr. Claude’s enhanced decision-making capabilities could streamline treatment, improve outcomes, and make healthcare more patient-centered.
C) Lyzr’s Pinnacle of Simplicity
Lyzr.AI’s plug-and-play approach is akin to a ready-to-cook pizza. The ingredients are meticulously assembled in the form of pre-built SDKs; and users simply need to follow a few steps to deploy a fully integrated, private and secure AI agent. Explore Lyzr’s SDKs and Agents.
5 Benefits of Building Your Own Gen AI Agent
While pre-built solutions like Perplexity and specialized AI agents offer convenience, there are several compelling reasons to consider building your own custom chatbot/AI agent:
- Personalization and Control
Building your own solution allows you to tailor it to your specific needs and domain expertise. You can define the exact functionalities, data sources, and desired outputs to ensure complete control over your agent’s behavior and performance.
- Integration and Compatibility
Custom-built agents can be seamlessly integrated with your existing technology infrastructure and data sources, creating a cohesive and efficient system. This is particularly beneficial if you already have established data pipelines or unique data formats.
3. Scalability and Flexibility
As your needs and data evolve, your custom agent can be easily scaled and adapted. You can add new functionalities, modify existing ones, and adjust its responses based on real-world feedback. This level of flexibility may not be readily available with pre-built solutions.
4. Security and Privacy
Building your own solution allows you to maintain complete control over the security and privacy of your data. You can implement customized security measures and data anonymization techniques to comply with specific regulations or organizational policies.
5. Long-term Investment and ROI
While pre-built solutions often require ongoing subscriptions, building your own agent can be a long-term investment with potential cost savings over time. However, the initial development and maintenance costs for a custom solution can be significant compared to pre-built options.
Additional Considerations
Building your own chatbot/AI agent requires substantial expertise in areas like natural language processing, machine learning, and software development. Evaluating your team’s capabilities and available resources is crucial before embarking on this path. However, when you opt for solutions such as Lyzr’s SDKs, you no longer need to employ resources with specialized expertise in AI & ML. With only a few lines of code, your GenAI Agents will be up and running, while being privately integrated with your internal systems.
The Future of Gen AI in Healthcare & Life Sciences With Lyzr
Lyzr offers a middle ground to anyone interested in building a Generative AI Agent. It provides pre-trained AI models and tools for developers to build custom-made applications without starting entirely from scratch. This option can be a good balance between customization and efficiency for many users. Furthermore, you can expect:
Lyzr’s SDKs integrate with 100+ LLMs, 20+ Vector DBs, 10+ Embeddings, All Major Cloud Platforms.
Book a demo to learn more about Lyzr and how it can help your business grow. Visit our showcase to see how Lyzr can be used to build tools. Have a look at our video demos to see Lyzr in action.
The successful integration of Generative AI (GenAI) in healthcare requires a delicate balance between harnessing its transformative potential and mitigating its inherent risks. Leaders must adopt a meticulous, case-by-case approach. Each potential application of GenAI demands a thorough assessment, meticulously weighing the potential benefits against the associated risks.
Want to build private and custom AI agents for your healthcare company? Book a demo with Lyzr to try our product offerings suited to your enterprise needs here.
Book A Demo: Click Here
Join our Slack: Click Here
Link to our GitHub: Click Here