Google AI Partners With Mayo Clinic To Trial Breakthrough Healthcare Chatbot

May Clinic - Jacksonville, Florida, USA

There have been a truly dizzying amount of AI announcements in the last few months, especially once Google got off the benches and into the game. Its latest venture is with Mayo Clinic, where the company will be trialing Google’s new Enterprise Search feature that was announced earlier this week.

The move sparks renewed interest in how AI could have the ability to overhaul healthcare as we know it, making life easier for workers and patients alike. That’s why so much investment is pouring into the possibilities - and investors should take note of the opportunities that abound. Here’s the lowdown.

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On Wednesday, Google Cloud revealed its expanded partnership with healthcare provider Mayo Clinic to provide the company with new generative AI tools to create customized chatbots.

Mayo Clinic confirmed it was testing a new service called Enterprise Search on Google’s Generative AI App Builder, which was unveiled this week. The program lets companies create their own chatbots to sift through masses of data while remaining HIPAA compliant.

The Mayo Clinic has previously partnered with Google: in 2019, it announced a 10-year partnership with the Big Tech giant on cloud computing, data analytics and machine learning. Mayo Clinic is one of the earliest adopters of the tech, which could make healthcare admin tasks like finding medical histories, lab results, or x-ray records a cinch for healthcare workers - even across different locations.

Thomas Kurian, Google Cloud’s CEO, said the Mayo Clinic was a “critical partner” in “[identifying] responsible ways to bring this transformative technology to healthcare”. Aashima Gupta, global director of health care strategy and solutions at Google Cloud, emphasized how the company is taking a “safety over speed” approach by working with select partners like Mayo Clinic instead of rolling out the tech widely.

Global healthcare is one of the fields that urgently needs workers and suffers from administrative overload. The World Health Organization has previously stated 50% of all medical errors in primary care are down to admin; there’s also predicted to be a shortage of 10 million healthcare professionals by 2030.

Artificial intelligence can potentially transform the healthcare sector for workers and patients alike. In his open essay back in March about the benefits of AI, Bill Gates said AI could help with reducing administrative burden, help improve medical processes in underdeveloped countries and even help patients with basic triage before seeing a medical professional.

The World Economic Forum has said AI could improve clinical decision-making, managing the risks around global pandemics and personalized care, among others. These could all benefit a rise in mental health issues, chronic diseases and an aging population, according to the WEC.

From an investment perspective, Morgan Stanley MS has put AI as a potential $6 trillion market opportunity for companies to capitalize on. Goldman Sachs’ AI report had a similar figure, predicting a 7% increase in global GDP in ten years if AI continues to develop at pace.

In short, there’s a lot of research on how AI can significantly positively impact healthcare in the coming future - and a lot of investment is being poured into the space to make that a reality.

At the start of the year, Microsoft appeared to have the jump on Google, which has been an early pioneer in machine learning and artificial intelligence. Now, the search engine titan has clawed its way back.

Now we’re seeing Google AI updates almost every day, with the latest few announcements focusing on free generative AI courses to upskill workers, its AI chatbot Bard transitioning to a more advanced PaLM 2 machine learning model and Google search, an integral part of the business, getting an AI overhaul.

It’s also been amping up its messaging on developing AI safely and ethically after Dr Geoffrey Hinton, a former Google employee and one of the ‘godfathers of AI’, quit the company to raise awareness about AI safety issues. CEO Sundar Pichai recently published an opinion piece in the Financial Times where he said “AI is too important not to regulate, and too important not to regulate well”.

It’s not been the best week for the tech market, thanks to ongoing market uncertainty led by disappointing economic results in China and investors nervously waiting to see if the Fed wants to push another interest rate hike in the next week.

Alphabet’s share price has dropped 3.78% in the last 24 hours, in line with other losses from tech stock heavyweights like Microsoft, Nvidia and Meta. The S&P 500 has dropped 0.38% and the Nasdaq has fallen 1.29% in the same period.

Nonetheless, Google stock is still up 13.67% in the last month. Google appears to have regained the upper hand after scrambling to catch up with Microsoft with its OpenAI partnership and firing out new AI developments left, right and center. It’s outperforming Microsoft in 2023, up over 37% compared to Microsoft’s 35% gain.

Google is making massive leaps in the AI sector, with its latest step into healthcare possibly the most profitable and fast-moving partnership in the burgeoning AI world. Wall Street is happy enough with Google’s pace and with a renewed focus on AI safety being promoted to the public, Google’s AI strategy is paying off with the stock price gains this year.

Expect other companies to try and match Google’s pace in the healthcare sector as the industry balloons, given the massive benefits the new tech could provide to industry. For investors, it’s one to keep an eye on.

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Breast cancer experts to gather for Kona workshop

Breast cancer is the most common cancer diagnosed in women in Hawaii, where the disease kills 155 women annually.

The latest breast cancer research from scientists around the world will be highlighted at the 10th International Breast Density &Cancer Risk Assessment Workshop today through Friday at the Courtyard by Marriott King Kamehameha’s Kona Beach Hotel in Kailua-Kona.

Topics will cover screening methods, next-generation imaging and clinical considerations of breast density.

The conference is organized and co-chaired by University of Hawaii Cancer Center researcher John Shepherd, who is known for his work in quantitative imaging, particularly biomarkers from medical imaging using advanced machine learning techniques.

“Other than age, breast density is the strongest common risk factor for breast cancer,” Shepherd said in a press release. “This very successful workshop series is held in Hawaii every two years to explore new findings and concepts that have occurred in this rapidly developing field.”

Recently, the Food and Drug Administration updated the Mammography Quality Standards Act to require mammography facilities to inform women about the density of their breasts. According to the National Cancer Institute, women with dense breasts have a higher risk of breast cancer than women with fatty breasts.

UH Cancer Center leads research on breast cancer risk and reducing advanced breast cancer stage rate among unique races and ethnicities in Hawaii and the Pacific using breast imaging.

The three-day event will be of particular interest to breast cancer researchers, clinicians and advocates interested in risk factors from breast imaging and risk modeling.

The international conference will include 16 speakers, oral presentations from abstract submissions and poster sessions.

Most of the sessions are closed to the public. However, the public is invited to attend a free Open Poster Presentation Session at 4 p.m. Thursday.

This session will be an opportunity to share cutting-edge breast cancer research with the Kona community.

Kimberly Bertrand, associate professor of medicine from Boston University Chobanian and Avedisian School of Medicine, shared her experience attending a past workshop.

“The Breast Density &Cancer Risk Assessment Workshop offered me valuable opportunities to learn about emerging research in breast density and cancer risk prediction. I got to meet new people and build strong professional relationships in a highly collegial environment,” she said.

Anti- Ageing and Reproductive Medical Giants to Gather in Hong Kong, Dragon's Medical Leads Chinese Medical Development

Hong Kong, June 2, 2023 /PRNewswire/ -- Dragon's Medical will hold its Advance Medical Technology Press Conference 2023 at W Hong Kong on Jun 9, 2023, signing strategic partnership agreements with various medical groups from China, Hong Kong and Taiwan, deepening their long-term strategic partnership. At the event, Dragon's Medical announces the launch of their new brand, introduces their unique brand philosophy and demonstrates some practical showcases. 

On the same day, Dragon's Medical also holds two evidence-based one-on-one consultation sessions in the afternoon,  including the "One-on-One Consultation on Anti-Ageing Regenerative Medicine" led by anti-ageing expert Professor Chung Yi-Cheng (鍾易成) and the "One-on-One Consultation on Precision Reproductive Medicine" hosted by Medical Doctor Wong Rui-sheng (王瑞生), Vice President of Taipei Fertility Center (TFC).

One-stop Medical Service Platform

Brings Together Global Medical Talents and Technologies

In this leading medical technology press conference, Dragon's Medical has invited pioneers across all medical fields to share the latest cutting-edge medical technologies, which include the following:

1.  Medical Doctor Wong Rui-sheng , the Vice President of Taipei Fertility Center, will share in person the topic "How to leverage precision medicine to increase the rate of fertilisation", sharing with patients how to effectively achieve the successful pregnancy.

2.  The Aurora Fashion Clinic will perform a youth-revitalising miracle with their facial fascia resetting anti-ageing technology. They also will touch on the amazing applications of cells and extracellular vesicles, unleashing new possibilities in medicine.

3.  Widely known as the "Father of Bone Densitometry" in Taiwan, Professor Qian Ben-wen (錢本文) will showcase state-of-the-art technology in natural and regenerative medicine. Attendees are sure to be mesmerised by his speeches and demonstrations while gaining a more in-depth understanding of the power of top Chinese medical technologies.

"We are proud to introduce our latest anti-ageing regenerative medicine and precision reproductive medical technology to the media and the public. Dragon's Medical will continue to source globally for more advanced and new medical technologies, and provide high-quality one-stop medical services and experiences for Chinese people in mainland China, Hong Kong, Taiwan, Southeast Asia and other countries around the world.

Whether it is in Mainland China, Hong Kong, Taiwan, Macau, or Singapore, almost all Chinese are facing the challenges of a declining birth rate and an ageing population. With China's birth rate hitting its lowest in 2021 and the increasing average life expectancy, it is possible for China to face a labour shortage and economic slowdown in the near future.

In view of this, Dragon's Medical launches two key services, precision reproductive medicine and anti-ageing reactivation medicine, to alleviate the plight of the low birth rate and ageing population faced by Chinese people worldwide. Dragon's Medical wishes not only to provide high-quality one-stop medical services to Chinese around the world, but also to promote top-notch Chinese medical technology to the world," says Patricia Lo, the CEO of Dragon's Medical.

TFC's Professional Team Further Expands into

Greater China's Reproductive Medical Market

Dragon's Medical has kickstarted an in-depth partnership with Taipei Fertility Center. 

TFC nets reproductive medicine specialists who are chief-level doctors and industry experts with an average of over 20 years of experience. Together, they create Taiwan's only fertility clinic that has been awarded the Symbol of National Quality (SNQ) to offer high-quality and patient-oriented fertility services.

Located in the centre of Xinyi District in Taipei, TFC is equipped with a high-standard laboratory setup, 24-hours duo power backup, and an app-based registration system that prioritises patient privacy. Being an internationally renowned fertility centre, TFC has created an easier and smoother journey to parenthood for many couples, marking a milestone in Taiwan's reproductive medicine field.

Medical Doctor Wong Rui-sheng, Vice President at TFC says, "With the advancement and popularisation of IVF babies technology, infertility can now be cured. Women's Fertility and pregnancy are no longer limited by age. We hope that the partnership between TFC and Dragon's Medical can connect global Chinese. With the strongest team, we wish to help people to realise their dream of having babies, and let the legacy of life to live on."

Aurora Fashion Clinic - A New Force in Anti-ageing Regenerative Medicine

Dragon's Medical collaborates with Aurora Fashion Clinic Group, fostering the development of anti-ageing regenerative medicine. Led by Professor Chung Yi-Cheng , also known as "Asia Chest King", the outstanding team integrates technologies from the University of Cambridge and Japanese research institutions, serving over 10,000 clients from China, Southeast Asia, and Singapore with 30+ years of experience. Their services include Aurora's signature anti-ageing program, their latest sleeve gastrectomy medical weight loss program, and anti-ageing regenerative medical program, helping clients achieve a rejuvenating effect and boost confidence and beauty.

As a leader in anti-ageing and stem cell research, Professor Chung Yi-Cheng says, "We hope every client can receive personalised, safe and reliable medical aesthetics solutions through Dragon's Medical, allowing them to regain their youth and let their unique beauty shine."

Dragon's Medical will continue to strive for innovation and development, providing the latest and most advanced medical technology and services for the general public, further solidifying its leading role in the Chinese medical world. 

Offering One-stop Services with Leo International Group

Dragon's Medical partners with Leo International, a high-end entertainment service provider, to offer one-stop services. The duo plans to push out the private charter and yacht medical travel packages for high-net-worth clients, creating more customised and unique experiences and travel journeys for them. 

Please visit https://dragonsmedical.com/campaign/invitation/ for more details about the event.

About Dragon's Medical:

Dragon's Medical is a one-stop advanced medical service platform serving Chinese clients. In partnership with top medical teams from China, the US, and Taiwan, including Taipei Fertility Center (TFC), and Aurora Fashion Clinic Group, led by Professor Chung Yi-Cheng, the partnership provides comprehensive and all-round services such as pre-pregnancy conditioning, medical green channels, customised accommodation and travel services, and exclusive medical escort services. 

For more details, please feel free to contact:

Contact Person: Patricia LoEmail: patricia.lo@aristowealth.comWechat: patricialo0920Line Account: patricialo0920Hong Kong Tel: 852-6947-1707Mainland Tel: 86-1391-0371707Taiwan Tel: 886-987-060-163