India Pharma Outlook Team | Friday, 23 August 2024
Pristyn Care, a top player in follow-up surgeries in India, has launched the Innovation Lab, a specialized program aiming to foster progress in AI in the healthcare industry. It will offer AI startups in their early stages a special opportunity to test and improve their solutions in real healthcare settings. Out of the 47 startups that have submitted applications, only a few will be selected to collaborate, and their names will be revealed upon joining the lab. This project seeks to promote creativity and speed up the progress of revolutionary AI advancements in the medical field.
With the Indian healthcare industry estimated to hit USD 650 billion by 2025, according to a report by Nasscom and Kantar, and AI projected to reach USD 1.6 billion, there is a vital requirement for cutting-edge AI solutions to revolutionize healthcare services. Pristyn Care Innovation Lab provides startups with thorough support in addressing this issue.
Accessing anonymized patient data, operational workflows, and pilot programs in specific departments like patient interaction and insurance analysis would be available. It will deliver input from Pristyn Care's medical professionals, operational team, and tech experts, as well as compare performance to traditional methods in place.
“We are excited to partner with AI startups to drive a revolution in Indian healthcare. The adoption of AI is not just a trend but a crucial necessity for transforming the healthcare landscape in India. As the industry faces increasing demands for efficiency and improved patient outcomes, AI offers unparalleled opportunities for growth and innovation. The Innovation Lab is a testament to this commitment,” said Harsimarbir Singh, co-founder Pristyn Care.