(AUGUST 1, 2018) – Artificial intelligence is poised to revolutionize health care, in everything from drug research, to diagnostics, to health care delivery – all the way through to billing and accounting. According to Accenture, the AI health market will reach $6.6 billion by 2021, and will save the industry $150 billion a year by 2026.
In the emerging health care AI market, the issue of health data privacy is being handled in several different ways. Some vendors, such as Cyft, encrypt the data to ensure only those with appropriate permission can view it.
Other vendors are looking at anonymizing or tokenizing the data, so that the AI system never sees any personally identifiable information. A third approach is to perform all the processing locally, so that the data never leaves the health care organization.
For example, VisualDx has recently released an AI-powered diagnostics tool, DermExpert, to identify skin conditions. The app is installed on an iOS mobile device, and the doctor takes a picture of the patient’s rash and gets an instant evaluation, without transferring and data to a third-party or the cloud.
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