U.K. Invests $330 Million To Lead The World In Healthcare AI

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from any location or device.

Media Packs

Expand Your Reach With Our Customized Solutions Empowering Your Campaigns To Maximize Your Reach & Drive Real Results!

– Access the Media Pack Now

– Book a Conference Call

– Leave Message for Us to Get Back

Related stories

Who Is and Isn’t a Good Candidate for LASIK Surgery?

In the decades since its FDA approval, LASIK eye...

The Three Top Benefits of Opting for an Innovative Healthcare Practice

An innovative healthcare practice offers improved patient care through...

Remote Patient Monitoring: A Cost-Effective Solution for Patients and Health Facilities

Remote patient monitoring services are reshaping the healthcare landscape,...

PatientPoint improves health outcomes with new MyHealthTeam partnership

PatientPoint, one of the country’s leading digital health companies...

The year 2020 has undoubtedly provided those in healthcare and technology communities with multiple problems to solve. From enabling telemedicine at scale to creating and distributing an entirely new vaccine, the problems caused by the pandemic have required collaboration, investment and adoption at speed previously unseen in healthcare.

As well as solving the acute problems caused by the vaccine, healthcare organisations are now faced with the challenge of addressing a significant backlog. New NHS England figures show the number of patients waiting to start treatment at the end of October 2020 was 4.44 million and of those, 162,888 were waiting more than a full year. While we were dealing with the immediate issue, a lot of healthcare stopped, but the requirement for it certainly did not. A great deal now needs to be done.

Can A.I. help clear the healthcare backlog?

In September 2020, NHSX, the organisation driving the digital transformation of health and social care, announced that 42 tech companies will receive a share of over £50M ($66M) in phase one of its £140M ($186M) AI in Health and Care Award.

The award, part of the NHS AI Lab programme, is the latest actualisation of the NHS Long Term Plan and Simon Stevens’ 2019 commitment of £250M ($330M) investment to enable collaboration and co-creation between government, health and care providers, academics and technology companies so they can address the existing barriers to development and deployment of AI systems in health and care. In doing so, the hope is to catalyse the adoption of AI in healthcare whilst creating an environment to develop the appropriate guidance and regulations to protect patients.

Many trying to innovate in healthcare still face jibes about the use of fax machines in hospitals, but this level of investment from a central NHS organisation into AI companies shows that there is a contradicting, simultaneous, high-tech strategy at play. And it looks to be for the long term. With a second competition closing last week, this commitment for continuation in the same vein and the blossoming relationship between innovative technology startups and the NHS shows early promise.

Latest stories

Related stories

Who Is and Isn’t a Good Candidate for LASIK Surgery?

In the decades since its FDA approval, LASIK eye...

The Three Top Benefits of Opting for an Innovative Healthcare Practice

An innovative healthcare practice offers improved patient care through...

Remote Patient Monitoring: A Cost-Effective Solution for Patients and Health Facilities

Remote patient monitoring services are reshaping the healthcare landscape,...

PatientPoint improves health outcomes with new MyHealthTeam partnership

PatientPoint, one of the country’s leading digital health companies...

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from any location or device.

Media Packs

Expand Your Reach With Our Customized Solutions Empowering Your Campaigns To Maximize Your Reach & Drive Real Results!

– Access the Media Pack Now

– Book a Conference Call

– Leave Message for Us to Get Back