IBM Watson Health Invests USD50 Million To Advance Artificial Intelligence In Healthcare

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IBM_Watson-Health-Invests-USD50-Million-To-Advance-Artificial-Intelligence-In-Healthcare IBM Watson Health Invests USD50 Million To Advance Artificial Intelligence In HealthcareIn the effort to advance the application of Artificial Intelligence in the Healthcare sector, IBM Watson Health has announced a new USD50 million investment for 10-year, in joint research collaboration projects with Brigham and Women’s Hospital in Boston and Vanderbilt University Medical Center (VUMC).

The collaborations will work in a way where AI can improve the utilization of EHRs (Electronic Health Records) and claims data. The Vanderbilt University noted. They will also focus on to assist physicians and patients to get more of their interactions with AI technologies. In a statement, the MD, VP and Chief Health Officer at IBM Watson Health, Kyu Rhee stated that by putting the full force of his clinical and research team along with world’s leading academic medical centers, his organization will drastically stimulate the development of real-world AI solutions which enhance workflow efficiencies and outcomes. For this effort, IBM Watson Health’s new vice president and Chief Science Officer, Gretchen Purcell Jackson; Brigham and Women’s Hospital and professor of medicine at Harvard Medical School, David Bates; VUMC’s chair of the Department of Biomedical Informatics, Kevin Johnson; and Executive Vice President for research Gordon Bernard, will come forward to lend a hand.

According to the Jackson, medical data is anticipated to twice over every 73 days by 2020, which will leave clinicians with less time to find out patient information obscured in EHRs or literature and could cause them to undergo rushed when making key decisions about patient care. With Artificial Intelligence, this collaborated group has an opportunity to perform better and find out new ways through science and partnerships with industry leaders.