The Business of Pharmacy Podcast™
Feb. 14, 2023

The Power of AI in Healthcare | Navid Alipour, AI Med Global (CureMatch/CureMetrix)

The Power of AI in Healthcare | Navid Alipour, AI Med Global (CureMatch/CureMetrix)

Artificial Intelligence (AI) is rapidly transforming the healthcare industry and providing new and innovative solutions to improve patient care. The CEO of three healthcare companies, AI Med Global, CureMetrics, and CureMatch, Navid Alipour, is working with a team of professionals to bring these solutions to the market. Navid believes in finding the right people for his team and empowering them to do their best work, and his ultimate goal is to improve patient care through the use of AI technology.

In a recent podcast, Navid and Mike discussed the benefits of using chat GPT (a large language model) in comparison to manual note-taking. They agreed that automation of repetitive tasks can save time and reduce the burden on healthcare professionals, allowing them to focus on more important tasks. Navid explained that AI technology can analyze vast amounts of data and make predictions or forecasts, but machine learning has limitations in the field of cancer treatment. This is where K R AI (knowledge representation and reasoning AI) comes in, taking into account the molecular makeup of a specific cancer and recommending the best treatment options.

Navid and Mike also discussed the role of AI in clinical trials, where it can help pharmaceutical companies bring drugs to market faster and save money. The ultimate goal of using AI in healthcare is to empower professionals and improve patient care, not replace them. Navid co-founded two private companies, CureMetrics and CureMatch, which use AI and machine learning technology to improve cancer detection and treatment. The American Medical Association recently recognized the platform and gave it a CPT code, making it the first of its kind in providing augmentative intelligence to oncologists.

Navid believes that AI will not replace doctors but will enhance their abilities to make more informed therapy decisions. The goal is to make cancer a manageable condition rather than a death sentence and to improve overall health through early detection. Navid's background is in finance and law, and his passion for healthcare was the driving force behind the creation of these companies. He believes that AI technology has the power to transform the healthcare industry and improve patient care.

In conclusion, the use of AI in healthcare has the potential to revolutionize the industry and provide innovative solutions to improve patient care. The automation of repetitive tasks, improved decision-making, and early detection are just some of the benefits that AI technology can bring to healthcare. The ultimate goal is to empower healthcare professionals and improve patient care, and Navid and his team are at the forefront of this revolution.

The Business of Pharmacy Podcast™ is an interesting and entertaining weekly podcast discussion on the business of pharmacy. Hosted by Mike Koelzer, an independent pharmacist in Grand Rapids, Michigan, each episode covers a new topic relevant to pharmacists and pharmacy owners. Listen to a new episode every Monday morning.