AI Articles and Analysis about Data management

The insurance sector is highly competitive, and there seems to be a consensus among experts that customers in the industry favor insurance products that are tailored to their unique needs. Large insurance firms could deliver personalized customer experiences and improve their operational efficiency by adopting AI.

The Patient Protection and Affordable Care Act (ACA) has significantly changed the landscape for how healthcare providers can be reimbursed by insurers. They are now reimbursed based on the guidelines set by Value-based Purchasing (VBP) models. This type of payment model reimburses the healthcare provider based on the quality of their work with the insured patient.

The healthcare industry is perhaps second only to finance when it comes to the sheer amount of historical data available for use with artificial intelligence. Data from EMRs, insurance claims, clinical trials, and drug research and development can all be pulled into a machine learning algorithm to generate insights on patient behavior, patient risk, and effective treatments for a variety of conditions, among a variety of others.

Sensors and mobile devices are in many ways working with AI software for business intelligence purposes in a few industries, including insurance and oil and gas. In the healthcare space, mobile devices and wearables allow patients to receive information on possible diagnoses for their symptoms and to monitor metrics such as their heart rate.

Episode Summary: Artificial intelligence plays a role in the future of retail in terms of a deeper understanding of customers going beyond intuition. This week, we speak with Pedro Alves, CEO of a company called Ople, based in San Francisco. Alves was previously the Head of Data Science at a number of companies in addition to being Director of Data Science at Sentient Technologies, one of the best known AI firms in the Bay Area. Sentient has raised upwards of $200 million.

We talk a lot about the concept of connective tissue here at Emerj, the fact that a company that wants to apply AI not only needs to have access to data, not only needs to hire normally very expensive artificial intelligence talent, but also has to have the connective tissue of related subject-matter experts who can work with that talent.

There are several companies claiming to offer AI solutions to healthcare companies, as we've explored extensively in our past reports. In this particular report, we focus on AI as it pertains to working with electronic health records (EHRs) and electronic medical records (EMRs). AI vendors offer solutions to hospitals and clinics with a variety of functions.

Episode Summary: This week, we're going to be talking about the defense sector. We interview Ryan Welsh, CEO of Kyndi, a company working on explainable AI. We focus specifically on the unique data challenges of the defense industry, as well as the general use case of AI in defense writ large. Many of the challenges that the defense sector has to deal with transfer to other spaces and sectors. Business leaders that deal with extremely disjointed text information, what is sometimes called "dark data," and information in various languages or different dialects, will be able to resonate with some of the unique challenges talked about in this episode, and maybe even gain some insights for how to handle them.