Amazon has been slowly making forays into fields outside of retail, a sector they currently dominate. One of their latest changes is moving into the healthcare and life sciences fields by offering a HIPAA-compliant transcription program.
What does this service provide, how will it change the medical field and when can professionals expect to see this program in their workplace?
Amazon Transcribe Medical
Amazon is putting their machine learning systems and processing power to good use with its Transcribe Medical service, a technology that’s supposed to improve speech-to-text transcriptions for clinical documentation and patient records.
Traditionally, transcription is carried out by the practitioner or assistant. Either way, clinicians spend extra hours each day converting verbal documentation into digital items for storage in the patient’s electronic health records (EHRs).
Transcribe Medical uses machine learning to transcribe a professional’s verbal dictation into digital records. By using its own previous experience to convert data, this software can work more quickly and accurately than human scribes.
Electronic health records have come a long way since first introduced in 1972. Today, more than 85% of doctors’ offices have fully adopted EHRs. Yet many employees say these advances increase their working hours. Amazon Transcribe Medical could be the tool that allows universal adoption of EHRs without increasing physician burnout.
Amazon in Healthcare
Transcribe Medical isn’t Amazon’s first venture in the healthcare industry. Early in 2018, the company started looking for someone to fill a new role — a HIPAA compliance lead. In the last year, the retail giant launched a brand of over-the-counter medications, offered equipment directly to offices and hospitals and even took steps to acquire multiple pharmaceutical companies, such as PillPack in the U.S. and MedPlus in India.
Amazon planned to become a major pharmaceutical supplier for hospitals but backed off in April of 2018 in favor of working with less-sensitive medical supplies.
Regardless of plans shelved or canceled, Amazon has made it clear that it intends to become a significant player in the healthcare industry, even if it means they’re only selling medical supplies and — as Transcribe Medical shows — assisting physicians with their transcription needs.
Although Google first gained prominence as a search engine, it quickly moved into other sectors, like smart home tech and cloud computing. One of the latest projects associated with the brand relates to health care, or, more specifically, electronic health records (EHR).
In early 2019, rumors began circulating about Google’s plans to develop an EHR tool. In late November, the company confirmed with an official blog post discussing the project. It centered on the challenges associated with health data, such as the variety of formats and number of people contributing to files.
Accessible Health Records
In the blog entry, Dr. David Feinberg, the head of health, claims the Google EHR solution will put all health records into a single, search-friendly database. This setup will reduce the time providers spend hunting for information.
A product video accompanying the post featured Dr. Alvin Rajkomar, a product manager and practicing physician. He discussed how providers spend half their days working with EHR interfaces and often need to log into several systems to acquire necessary materials. While Google’s product is still in the pilot phase, it’s available for widespread clinical use.
The video demonstrates how the Google EHR tool offers all patient information needed in one place. For example, a doctor can see data about a patient’s primary complaint, plus the results of lab work, without switching between tools. Users can simply switch between tabs, much like on an internet browser, to see different information.
A search box at the top allows people to use natural-language queries and find what they need. The system also handles potentially misspelled words, similar to searching for something on Google.
Context to Patient Information
The Google EHR tool gives authorized users access to data via tables and charts, allowing them to see how a patient’s condition changes over time. When users import data from another location, it’s highlighted grey to differentiate it. Simply hover the cursor to see the original source.
Precision medicine involves formulating treatments for individualized patients, typically with genetic sequencing that could shed light on the underlying causes of disease. It’s an amazing idea that could substantially reduce the likelihood of the same treatment curing one person and failing to help another.
However, some things still hold precision medicine back. Here are six ways it could advance.
1. Lower Research and Development Costs
Statistics indicate precision medicine is gaining momentum. For example, 70% of cancer drugs in development are precision-based, and 20% of research and development in the pharmaceutical sector relates to precision medicine.
Those are promising signs, but cost remains a significant factor that slows down the advancement of precision medicine. The research and development associated with it is more expensive than standard approaches because it involves genetic testing. Companion testing is often required to find biomarkers, as well as marker-negative patients.
Securing financial backing can be tricky, especially if investors or the financial decision-makers at pharmaceutical companies are still dubious about precision medicine’s potential.
2. More Patient Education
Many patients have heard about precision medicine in passing, but they don’t know what it entails or how to avail of it. Intermountain Healthcare, a Utah-based health system with nearly two dozen locations, found that a lack of patient education restricted its adoption of precision medicine. The organization began automatically referring metastatic cancer patients to a research clinic that used precision medicine.
There, patients had access to a proprietary system that checked for more than 160 genetic mutations associated with cancer by examining portions of a person’s genetic code. Then, people from a molecular tumor board interpreted the results, guiding doctors in setting up treatment plans for their patients.
The U.S. medtech industry is one of the most profitable in the world. In 2016, the sector was worth $147.7 billion and expected to top $173 billion by the end of 2019. One of the reasons that it is so profitable is that new medical technology can be exorbitantly expensive, especially for small practices or solitary practitioners. How can you save money while still procuring the medtech you need to provide the best care possible for your patients?
1. Opt For Refurbished MedTech
If you needed a new car, would you immediately choose a brand new model — complete with a costly car loan — or would you consider purchasing a used but still functional vehicle instead? If you compare purchasing a new piece of medtech to obtaining a new car, the idea of purchasing refurbished equipment starts to make sense.
Purchasing refurbished equipment gives you access to the same sort of medtech that you’d receive if you’d bought it new, for a fraction of the cost. You may also be able to choose the level of refurbishment — choosing between a machine that’s only been cosmetically refurbished rather than one that’s been reworked on a mechanical level, or vise versa.
There are a couple of downsides to purchasing refurbished medtech, such as the lack of a warranty and the possibility of bringing a “lemon” back to the office, but if money is your primary concern, this can be a great way to save quite a bit while still stocking your office with all the necessary equipment.