Nikhil Bhusare is an Executive with Allied
Market Research.
Volume 4 | Issue 1 | January-March 2019
57
The prime motive behind the project
is to find a way to shift healthcare data
to the cloud without jeopardizing its
confidentiality. This new team will
be a part of Microsoft’s AI research
division. Peter Lee, the head of Microsoft
healthcare, explained, at Microsoft, we’re
confident that many aspects of the IT
foundations for healthcare will move
from on-premise doctors’ offices and
clinics to live in the cloud. We are taking
concrete steps with an initial blueprint
intended to standardize the process for the
complaint, privacy-preserving movement
of a patient’s personal health information
to the cloud and the automated tracking
of its exposure to machine learning and
data science. The company wants to pave
the way to create an open architecture
that eventually helps doctors, nurses
and healthcare service providers, and
to allow more time for patients to spend
face-to-face with the doctors. The new
platform will open new opportunities for
healthcare data to be shared and to protect
its privacy. Such innovative projects and
huge investments in healthcare AI proves
that the incorporation of AI in healthcare
IT will be a fruitful investment for the
healthcare providers, and no doubt it
will be a key to the bright future of
healthcare sector.
of the largest information technology
companies, has been working on several
healthcare-related projects. Recently,
Microsoft made clear its exact intentions
behind developing a Microsoft healthcare
team. The company aims to create a cloud-
based patients’ profile, push doctors to use
more cloud-based services, and eventually
develop an AI to analyze the huge data.
Microsoft hired two industry past masters:
Jim Weinstein and Joshua Mandel to
help achieve this goal. Jim Weinstein,
former CEO of Dartmouth-Hitchcock
Health System, will help the migration
of healthcare data to the cloud. Joshua
Mandel, ex-Google employee, will assist
in building open cloud architecture for all
healthcare service providers.
INTEGRATION OF ARTIFICIAL INTELLIGENCE IN
HEALTHCARE IT
It is no secret that the healthcare
sector holds a humongous amount
of data; if incorporated with artificial
intelligence (AI), it will open innumerable
opportunities in future. Microsoft, one
Recently, Javara Inc., a clinical research
service organization, launched a platform
that is focused on compelling innovative
research partnerships, service, and
technology to healthcare systems. Jennifer
Byrne, the co-founder, and CEO of Javara
stated that the new healthcare IT platform
will bring better outcomes for patient-
centered care, better economic results,
and easier research delivery model to the
biopharmaceutical sector.
HEALTHCARE IT GENERATES JOB
OPPORTUNITIES
The growth of healthcare IT has created
a surge in job opportunities in IT
sector. According to the U.S. Bureau
of Labor Statistics, by the end of 2024,
the need for healthcare and medical
managers will boost by about 17 percent.
The healthcare IT management jobs
oversee the entire system process and
its day-to-day operations. Healthcare
providers are finding hard to pick
employees for the job positions such
as development, analytics, coding and
research. Moreover, just collection of
healthcare data is not enough. Once that
data is received, it needs to be analyzed
by skilled professionals and constantly
updated and improved. Therefore,
coding experts are extremely essential
to smoothly transfer the individual
records of patients to a central hub, by
changing the codes that could otherwise
interrupt the transfer of information. It
is estimated that the requirement of such
new codes is nearly 130,000. Moreover,
the IT specialists assist healthcare service
providers to obey the federal guidelines
for records, a collection of data and share
to protect a patient’s privacy. Due to
such requirements, there are ample IT
companies and even start-ups that are
launching new platforms to develop a
sustainable healthcare IT department.
market. According to a report published
by Allied Market Research, the market is
expected to register a CAGR of 13.2 % in
the period 2014–2022.