Embracing the Power of ML Algorithms in Healthcare: Part-1
Dhaval Desai
Help SMBs to design & build scalable & affordable IT solutions | AI & LLM Business Strategy | Fractional CTO/CIO | Technology consultant | Digital strategies | Clinical data strategies (HL7/FHIR/DICOM)
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I am excited to bring you this week's newsletter, highlighting the transformative potential of various machine learning algorithms within the healthcare industry. The primary goal of this newsletter article is to focus on the healthcare applications of supervised learning and how small businesses should adopt a supervised learning approach. We will also look into the classification of machine learning (ML) algorithms, their advantages, and disadvantages, and explore a few real-life applications that can help?revolutionize the healthcare industry and improve patient care.
When we talk about machine learning, it is nothing but learning from past data (information points, input, and output) and predicting future state information.
This is 4 part series based on the ML algorithm classification.
ML algorithms classification
ML algorithms are broadly classified into 4 categories, we will see each of them in detail below
This is the first part of the series in which we will only focus on Supervised machine learning algorithms.
Supervised learning
Supervised learning, often known as supervised machine learning, is a machine learning and artificial intelligence subcategory. It is distinguished by the use of labeled datasets to train algorithms that accurately classify data or predict outcomes. As input data is fed into the model, the weights are adjusted until the model is well-fitted, which occurs as part of the cross-validation process. Supervised learning assists enterprises in solving a wide range of real-world problems on a large scale, such as categorizing spam in a distinct folder from your email. (Reference)
There are two ways to approach a problem using supervised learning
List of Supervised Learning algorithms
Here is the list of supervised learning algorithms most frequently used
Key blocks for supervised learning
Before we study the advantages and disadvantages let's look into the key blocks of supervised learning algorithms.
Advantages and Disadvantages of supervised learning
Advantages of Supervised Learning
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Disadvantages of Supervised Learning
Approach for Small and Mid-sized businesses
AI and ML technologies offer the transformative potential for businesses, but many small and mid-sized enterprises (SMEs) hesitate to adopt them due to various concerns. Small and medium-sized businesses can successfully adopt supervised learning by taking the following steps:
Now, it's time to deep dive into two real-life applications and how to approach them without a huge initial investment in supervised learning algorithms.
Use case - 1: Disease Classification & Diagnosis
In recent years, supervised learning has transformed the healthcare business by providing strong disease diagnosis and classification tools. These advancements can also assist small and mid-sized healthcare organizations, boosting diagnostic accuracy and patient care without requiring large investments.
By evaluating medical imagery, patient records, and other pertinent data, supervised learning can be used to identify and classify diseases. For this reason, algorithms such as Support Vector Machines (SVM), Decision Trees, and Random Forests can be used. The model may learn to recognize patterns and make predictions on fresh, unseen data by training it with labeled data (e.g., the presence or absence of disease). This can assist clinicians in making a more accurate and quicker diagnosis, resulting in improved patient outcomes.
By adopting these strategies, small and mid-sized healthcare businesses can harness the power of supervised learning for disease diagnosis, improving patient outcomes, and staying competitive in an ever-evolving industry.
Use Case - 2: Accelerating Drug Discovery & Personalized Medicine
Drug discovery and customized medicine have been altered by supervised learning, allowing for more specific medicines and faster development. Small and mid-sized healthcare organizations can also profit from these advancements, stimulating innovation and improving patient care.
Supervised learning can be used in drug discovery and personalized medicine development. Deep Neural Networks (DNN) and Convolutional Neural Networks (CNN) can uncover novel medication candidates and forecast their effectiveness against certain diseases or genetic profiles by examining enormous databases of chemical compounds and their bioactivity. This can considerably cut medication development time and expense while also allowing for more focused therapy based on specific patient needs.
By adopting these strategies, small and mid-sized healthcare businesses can leverage supervised learning to drive drug discovery and personalized medicine, enhancing patient care and fostering innovation in a competitive industry.
We hope that this newsletter has provided valuable insights into the exciting world of machine learning and its potential applications in healthcare. Stay tuned for more updates on the latest developments in healthcare IT.
Coming next week: Un-supervised learning and healthcare applications
Thank you for taking the time to read our newsletter on healthcare technology. Every week we will try to bring a new topic of interest. We invite you to join the conversation and share your thoughts, experiences, or questions on this topic. Please feel free to leave comments below, reach out to me directly, or connect with fellow readers to discuss how AI and ML are revolutionizing patient care and engagement. Your insights and feedback are invaluable in fostering meaningful dialogue and driving innovation in healthcare.