The trust gap in Healthcare AI
Lloyd Price
Partner at Nelson Advisors > Healthcare Technology Mergers, Acquisitions, Growth, Strategy. Non-Executive Director > Digital Health Portfolio. Founder of Zesty > acquired by Induction Healthcare Group PLC (FTSE:INHC)
Exec Summary:
The trust gap in healthcare AI is a significant challenge that stems from concerns about its accuracy, transparency, and potential biases. Despite the promise of AI to revolutionise healthcare, there are several factors contributing to this skepticism: ?
1. Lack of Transparency and Explainability:
2. Data Privacy and Security Concerns:
3. Potential for Errors and Misdiagnoses:
4. Ethical Considerations:
5. Regulatory and Governance Challenges:
Addressing the Trust Gap: To bridge this trust gap, it is essential to:
By addressing these challenges and fostering trust, healthcare AI can realise its full potential in improving patient outcomes and enhancing the quality of care.
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Oxford University research aims to reduce bias in AI health prediction models
Researchers from Oxford University’s Nuffield Department of Orthopaedics, Rheumatology and Musculoskeletal Sciences (NDORMS) , University College London and the Centre for Ethnic Health Research , supported by Health Data Research UK , have for the first time studied the full detail of ethnicity data in the NHS. They outline the importance of using representative data in healthcare provision and have compiled this information into a research-ready database.
The new study, published in Nature Scientific Data , is the first part of a three-phase project that aims to reduce bias in AI health prediction models which are trained on real-world patient data. The project, which addresses ethnicity disparities that were highlighted during the pandemic, is part of the UK Government’s COVID-19 Data and Connectivity National Core Study led by Health Data Research UK.
The researchers used de-identified data on ethnicity and other characteristics from general practice and hospital health records, accessed safely within NHS England’s Secure Data Environment (SDE) service, via the British Heart Foundation Data Science Centre ’s CVD-COVID-UK/COVID-IMPACT Consortium. This is the first time that patient ethnicity data has been studied at this depth and breadth for the whole population of England. The researchers were able to combine records to analyse patient self-identified ethnicity recorded through over 489 potential codes.
Researchers analysed how more than 61 million people in England identified their ethnicity in over 250 different groups. They also looked at the characteristics of those with no record of their ethnicity, and how conflicts in patient ethnicity data can arise. The data, now available for other researchers to use, shows that 1/10 patients lack ethnicity records, and around 12% of patients had conflicting ethnicity codes in their patient records.
Sara Khalid , Associate Professor of Health Informatics and Biomedical Data Science at NDORMS , explained: ‘Health inequity was highlighted during the COVID19 pandemic, where individuals from ethnically diverse backgrounds were disproportionately affected, but the issue is long-standing and multi-faceted.
‘Because AI-based healthcare technology depends on the data that is fed into it, a lack of representative data can lead to biased models that ultimately produce incorrect health assessments. Better data from real-world settings, such as the data we have collected, can lead to better technology and ultimately better health for all.’
Kaiser Permanente's Approach to Building Trust in Healthcare AI
Kaiser Permanente, a large integrated healthcare system, has been at the forefront of adopting AI in healthcare. They have taken several strategic steps to build trust and ensure the ethical and effective use of AI:
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1. Transparency and Explainability:
2. Ethical Guidelines:
3. Data Privacy and Security:
4. Collaboration with Clinicians:
5. Human-Centred AI:
6. Regulatory Compliance:
By focusing on these areas, Kaiser Permanente has demonstrated a commitment to building trust in healthcare AI. This approach has helped the organisation leverage the potential of AI to improve patient outcomes and enhance the quality of care.
Technology Companies Addressing the Trust Gap in Healthcare AI
Several technology companies have taken significant steps to address the trust gap in healthcare AI. Here are some notable examples:
1. Google Health:
2. IBM Watson Health:
3. GE Healthcare:
4. NVIDIA:
5. Microsoft:
These are just a few examples of technology companies that are actively working to address the trust gap in healthcare AI. As the field of AI continues to evolve, we can expect to see more innovative approaches to building trust and ensuring the ethical and responsible use of AI in healthcare.
Nelson Advisors work with Healthcare Technology Founders, Owners and Investors to assess whether they should 'Build, Buy, Partner or Sell' to maximise shareholder value.
Healthcare Technology Mergers, Acquisitions, Growth & Strategy > www.nelsonadvisors.co.uk
Nelson Advisors HealthTech M&A Newsletter > Subscribe Today! https://lnkd.in/e5hTp_xb
Buy Side, Sell Side, Go To Market, Partnership Strategies > Email [email protected]
Nelson Advisors Healthcare Technology Thought Leadership > Visit https://www.healthcare.digital
#HealthTech #DigitalHealth #HealthIT #NelsonAdvisors #Mergers #Acquisitions #Growth #Strategy #GoToMarket #Partnerships #NHS #Europe #VentureCapital #PrivateEquity
?Addressing the trust gap in Healthcare AI is essential! When implemented effectively, AI can significantly enhance patient care and streamline processes. With transparency and collaboration, we can build confidence in these technologies and unlock their full potential for better health outcomes.
Partner at Nelson Advisors > Healthcare Technology Mergers, Acquisitions, Growth, Strategy. Non-Executive Director > Digital Health Portfolio. Founder of Zesty > acquired by Induction Healthcare Group PLC (FTSE:INHC)
1 个月Several technology companies have taken significant steps to address the trust gap in healthcare AI. Here are some notable examples: 1) Google Health 2) IBM Watson Health 3) GE Healthcare 4) NVIDIA 5) Microsoft https://www.healthcare.digital/single-post/the-trust-gap-in-healthcare-ai