Why A.I. Is About To Trigger The Next Great Medical Breakthrough
FN Media Group Presents Oilprice.com Market Commentary
The healthcare industry is one of the fastest growing in the world, but today, it’s seeing a major disruption. With everything from work meetings to family gatherings going digital since 2020, this mammoth $12 trillion industry is joining the new tech renaissance to deliver a much-needed overhaul. That’s why trillion dollar Big Tech companies like Google, Amazon, and Apple are all trying to make a move into healthcare. Mentioned in today’s commentary includes: Nuance Communications, Inc., iRhythm Technologies, Inc., International Business Machines Corporation, Intel Corporation, BlackBerry Limited.
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Now, the way people make decisions about their health is beginning to look drastically different from how it did 24 months ago. The Wall Street Journal says, “Tech advances put the annual doctor visit on the critical list.”And Forbes says, “Artificial intelligence offers an unprecedented opportunity to… reshape the practice of healthcare.”
The shift towards a new “Healthcare 2.0” could soon be the biggest disruption to a trillion dollar industry since Amazon took over retail or Netflix changed the face of entertainment.
And while Big Tech is doing their best to make a move into this industry…Treatment.com International Inc. holds a key advantage that gives them a huge leg up on Silicon Valley’s finest and has a distinct North American heritage, unlike many competitors
Billions of People are Embracing “Healthcare 2.0”
Over 1 billion people now use Google to research health symptoms each and every day, as Google has tried its best to leverage this into a new arm of the company. Amazon jumped in with Amazon Care, offering up live chat or video care with clinicians when you have a problem. And with Apple’s iOS15 rolling out, they’ve made it possible to share data from your iPhone’s “Health” app directly with doctors through electronic medical records.
There’s a staggering number of people taking their health into their own hands before they ever make it to the doctor’s office. Treatment.com’s big tech platform technology, on the other hand, is already being used to train and test medical students at the University of Minnesota Medical School, a top 10 med school in the United States. Now, their new app, CARA, plans to take that same powerful technology and deliver it to your cell phone.
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Billions of Dollars Changing Hands in the Industry
As technology has started playing a bigger and bigger role in healthcare, the amount of money behind it is reaching a fever pitch. With millions – and even billions – of dollars changing hands in the industry, these small healthcare tech companies are precious gems just waiting to be scooped up. And Treatment.com’s potential to drive valuable revenue from multiple angles makes it potentially even more appealing to the big players in the industry.
First, they’ll charge a flat monthly fee comparable to a Netflix subscription for their premium app, where you can get access to services like telemedicine, prescription, and other referrals. Second, as Treatment.com’s technology is already being used in a top 10 medical school to train med students, they also plan to license the technology to universities for a monthly fee as well. And the scalable plug and play GLM platform has many more modules planned for release in the future. Treatment Mobile, Cara is the tip of the iceberg. Plus, it’s been tested in clinics to help streamline appointments and help doctors spend more time with their patients and less time on paperwork.
