Summary:

«As we all know, our healthcare industry is in the midst of a digital transformation. As healthcare consumers (patients), we believe all of us are thinking “it’s about time!” It’s great to finally have access to our own medical records on our computer or phone. However, in medtech business terms, the impacts of digital healthtech are still sometimes ambiguous due to a combination of misalignment on both terminology and various stages of technology adoption.»

«Artificial intelligence (AI) and machine learning (ML) in SaMD (software as a medical device): While AI and ML are often used interchangeably, AI is the development of intelligent computer programs while ML is an AI technique used to design and train software to act on data continuously. SaMD is software intended for one or more medical purposes performing these functions without being part of the medical device hardware. Examples are software trained to detect cancers in radiology applications or software used for surgical planning with an AI (or ML) assist.»

Article written by Florence Joffroy-Black & Dave Sheppard

14|11|2022

Source:

Today Medicals Developments

https://www.todaysmedicaldevelopments.com/article/thinking-digital-health-tech-mergers-acquisitions-/