Zoi Capital | Digital Health – AI in Healthcare – Venture Capital

AI Talent Shortage in Healthcare

One of the most challenging aspects of AI deployments has been the recruitment and retention of data science talent. Creating an AI-ready enterprise will require organizations to build a team of data custodians: experts at blending information sources, providing feedback on new data sources and doing the requisite analytics to address business problem issues that […]

Health System Governance of AI Solutions II

Many of the concerns around AI revolve around how the technology reinforces bias within the healthcare system. There are two entry points at which bias can seep into an AI tool. The first is in the design itself: The biases of the design team imprint upon how the system makes decisions and learns from its […]

Health System Governance of AI Solutions I

Health systems and care providers must be vigilant in ensuring that the models they implement foster better care and promote health equity and are not biased. Efforts must include a legal, regulatory and compliance review to decide who is in charge of various elements as well as how to avoid patient harm. The governance teams […]

Legacy IT systems Pose A Risk To AI Adoption in Healthcare

Although enterprise-wide AI will begin in the traditional IT department, few departments, however, are prepared to take on the complexity and challenges that becoming AI-enabled will pose. Much like the rest of the organization, AI will require upskilling, modernizing legacy architecture, managing data more tightly, and establishing new practices.   Health care is, if nothing […]

Medical – Legal Barriers to Adoption of AI in Healthcare II

The mutability and opaque nature of AI makes it difficult to determine liability for malpractice claims and professional regulatory standards. Health systems that choose to implement AI before the case law on these issues is established might increase the risk of litigation. This is a concern when products are developed without a complete understanding of […]

Medical – Legal Barriers to Adoption of AI in Healthcare I

One key barrier in AI adoption in healthcare is med-legal implications of using AI algorithms that make predictions and provide recommendations. Clinicians could rely on these to make key decisions about patient management. What if there are issues with those recommendations? What if the patient is harmed as a result of the AI recommendations? who’s […]

Provider Workflow Issues in Adoption of AI – II

One of the key  issues with implementing AI solutions in healthcare settings is the fact that these algorithms are often in the cloud and the medical center data would need to leave the institution to be examined using the algorithm. Security and privacy of patient data that may be put at risk because of the […]

Provider Workflow Issues in Adoption of AI – I

One of the key issues with the use of digital technologies in healthcare has been that they need a reliable feed of data to perform as expected and their output needs to be timely so that the clinicians can benefit at the right time. If not, their long-term adoption would be in serious doubt since […]

How Far is Reimbursement for Algorithms in Healthcare? II

Health systems are heavily dependent on procedures and thus will incentivize physicians to continue using them as first-line for treating patients. This can include investments in technologies such as AI to assist in performing colonoscopies. Increased physician satisfaction and productivity will be a major driver of the use cases even without reimbursement.   Optimal performance […]

How Far is Reimbursement for Algorithms in Healthcare? I

Reimbursement is critical for any new technology in healthcare. If the use of a new diagnostic or therapeutic technology is not paid for by insurance, there is very little chance that it will gain widespread adoption. Medical innovation is expensive and beyond the reach of most patients or even medical centers if it is not […]