Key Takeaways | Getting in Sync With Health Tech: Attacking AI Paralysis - McDermott Will & Emery

Key Takeaways | Getting in Sync With Health Tech: Attacking AI Paralysis

Overview


During the first installment of McDermott’s webinar series exploring tech trends impacting healthcare, Jennifer Geetter and Rebecca Schechter addressed how healthcare organizations can overcome uncertainty when navigating artificial intelligence (AI) innovation. They also outlined how best to implement and govern AI while remaining sensitive to associated risk management.

Top takeaways included:

  1. Identify the right opportunities to build organizational AI momentum. Aligning on a manageable method for using AI that leads to clear, quick, and measurable impact can help your business adapt to AI and drive interest and investment in responsible AI oversight.
  2. Develop institutional AI literacy early. Understanding AI’s opportunities and risks can help cut through AI paralysis by demystifying the technology. Improve your organization’s capacity to make the best strategic choices for deploying AI and to effectively monitor and manage AI risks by investing early in institutional AI literacy. Engaging your board in AI compliance, developing clear guardrails for employees’ everyday use of AI, and establishing an actionable AI compliance program are key first steps.
  3. Get comfortable with change. The AI oversight and regulatory ecosystem is new and evolving quickly. Turn this uncertainty into a collaborative opportunity by starting dialogues about shared industry concerns and emerging compliance trends with relevant stakeholders like regulators, licensing boards, professional boards, and patients.

About the webinar series:

Health technology innovations continue to accelerate, and healthcare stakeholders must adapt and operate quickly and nimbly. Health tech offers the promise of new business solutions and ways to improve patient engagement, unlock data-embedded insights, and relieve administrative burdens on providers. Health tech also requires new capabilities, synergies, and skills to keep up with the emerging regulatory and industry models and be a savvy tech purchaser. This series will continue to explore tech trends and developments impacting healthcare.


UP NEXT

Stay tuned for additional webinars in the series that will dive into significant health tech issues, including the Trusted Exchange Framework and Common Agreement (TEFCA); the increasing role of patient access application programming interfaces (APIs); the Health Data, Technology, and Interoperability: Patient Engagement, Information Sharing, and Public Health Interoperability (HTI-2) Final Rule; and information blocking enforcement.

SPEAKERS


Rebecca Schechter, CEO/Healthcare Executive, formerly with Nuance/Microsoft

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