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Strategic opportunities of using AI in healthcare industry

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

Babylon Health is one of the leading companies that are operating in the healthcare sectors of the UK. In 2013, Ali Parsa, a British-Iranian ex-banker, founded healthcare as an information industry that everyone can access. Very recently Babylon Health has started to utilize AI in the healthcare industry by employing advanced algorithms to enhance medical services. As noted by Panesar (2019), their AI-driven applications assist in preliminary diagnostics, offering users personalized health information based on symptoms provided. Babylon's virtual health consultations leverage AI to analyze patient input, aiding in triage and facilitating more efficient healthcare delivery. Additionally, the platform employs machine learning to continuously improve diagnostic accuracy and treatment recommendations. According to Reddy et al. (2019), Babylon Health's AI tools contribute to accessible and timely healthcare by providing on-demand consultations, health monitoring, and relevant medical insights. As noted by Baker et al. (2020), the integration of artificial intelligence supports healthcare professionals in making informed decisions and enables individuals to manage their health proactively. Overall, Babylon Health harnesses AI to augment healthcare accessibility, efficiency, and the quality of patient experiences. Babylon is a healthcare technology company that provides digital health services. Their platform offers telemedicine, allowing users to consult with healthcare professionals through video calls (Davenport and Kalakota 2019a). Additionally, Babylon provides AI-driven health assessments, health monitoring tools, and a digital health subscription service. The company aims to make healthcare more accessible and efficient through the use of technology.
Original languageEnglish
Title of host publicationAdvanced Manufacturing and Automation XIV
EditorsYi Wang, Tao Yu, Kesheng Wang
PublisherSpringer
Pages398-402
Number of pages5
ISBN (Print)9789819626243
DOIs
Publication statusPublished - 15 Apr 2025
EventAdvanced Manufacturing and Automation XIV - Kunming
Duration: 11 Oct 202412 Oct 2024

Publication series

NameLecture Notes in Electrical Engineering
Volume1364 LNEE
ISSN (Print)1876-1100
ISSN (Electronic)1876-1119

Conference

ConferenceAdvanced Manufacturing and Automation XIV
CityKunming
Period11/10/2412/10/24
OtherAdvanced Manufacturing and Automation XIV (11/10/2024-12/10/2024, Kunming )

Keywords

  • Digital medical services
  • Health industry
  • artificial intelligence
  • health care
  • Health care
  • Artificial Intelligence
  • Information systems

ASJC Scopus subject areas

  • Industrial and Manufacturing Engineering

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