Machine Learning Helps Improve Patient Outcomes

#artificialintelligence 

Machine learning and Artificial Intelligence (AI) are transforming the healthcare industry, helping improve outcomes and changing the way providers think about delivering care. As Forbes notes, machine learning capabilities are helping improve diagnostics and predict outcomes, leading to better treatment plans and better attuned personalized care. As part of the healthcare machine learning revolution, British healthcare company Healx has secured 1.5 million in Series A round investment from Amadeus Capital Partners in order to apply machine learning and advanced analytics to the battle against rare diseases. The funding will be used to identify new uses for existing drugs and improve treatment plans for rare diseases afflicting some 350 million people worldwide, according to Tech City News. Hermann Hauser, Partner and co-Founder of Amadeus Capital Partners, said, "Healx has taken advances in machine learning, data mining, and analytics and combined them with deep pharma and life sciences expertise to address a growing need in the healthcare sector. With huge pressure on R&D budgets, drug repositioning will be essential in the fight against rare diseases. With this investment, Healx will take up a leadership position in the drug repurposing sector, expected to be worth over 31 billion by 2020."

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