MeitY, KTech, and NASSCOM CoE Host 13th Edition of Lifesciences and Healthcare Innovation Forum
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On Fri, 16 Aug, 4:04 PM UTC
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MeitY-KTech-Nasscom-CoE Successfully Hosted 13th Edition of Lifesciences and Healthcare Forum
There were several thought leadership sessions by senior leadership from Healthcare Providers, Pharma Companies, MedTech Enterprises, focussed on how AI is being leveraged to create an impact for various applications including Drug Discovery and Repurposing, Precision Therapeutics as well as Generative AI for enhancing Healthcare Operations. Some of the key industry leaders who joined the thought leadership sessions including Srini Mahalingam, Vice President of Customer Success - Healthcare, GAVS Technologies; Ramakrishna Rao, Senior Engineering Director, GE Healthcare and Mayank Anand, VP Global Clinical Operations Leader, GSK and Balasubramanian Sankaranarayanan, President & CEO - Thryve Digital.
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MeitY-KTech-Nasscom-CoE Unveil 13th Lifesciences and Healthcare Innovation Forum (LHIF) Edition
The 13th edition of Lifesciences and Healthcare Forum (LHIF), one of the flagship of initiatives of MeitY-KTech-nasscom-CoE was hosted at St John's Hospital and Research Institute, Bengaluru on 13th August 2024, which had over 300 delegates from the industry, government, academia and startups. The theme for this edition was "AI for Care: Shaping the future of Healthcare and Lifesciences". There were several thought leadership sessions by senior leadership from Healthcare Providers, Pharma Companies, MedTech Enterprises, focussed on how AI is being leveraged to create an impact for various applications including Drug Discovery and Repurposing, Precision Therapeutics as well as Generative AI for enhancing Healthcare Operations. Some of the key industry leaders who joined the thought leadership sessions including Srini Mahalingam, Vice President of Customer Success - Healthcare, GAVS Technologies; Ramakrishna Rao, Senior Engineering Director, GE Healthcare and Mayank Anand, VP Global Clinical Operations Leader, GSK and Balasubramanian Sankaranarayanan, President & CEO - Thryve Digital. The 6th edition of Healthcare Innovation Challenge, a program aimed at helping Healthcare Providers in adoption of curated startup led AI solutions, was launched as well along with the use cases from Max Healthcare, HCG, Sankara Nethralaya and Dr Mehta's Multispeciality Hospitals. Some of the nominated use cases were AI led Prediction of risk of malignancy in thyroid nodules, AI led Prediction of chemotherapy drug toxicity, Generative AI based Patient Counselling solution and AI led Diabetic Retinopathy & Age-related macular degeneration (ArMD). An AI Transformation Playbook report titled, "Advancing Healthcare in India" was published in partnership with nasscom Insights. As per the report, "Only 44% companies have identified AI use cases, 43% have piloted, and 38% have AI use cases in production within the last 12 months." Promising Startups received awards for various categories such as Tricog for AI in Cardiology, Remidio for AI in Ophthalmology, Neos Health for AI in Radiology, Brainsight for AI led Surgical Planning, 4baseCare for Precision Therapeutics, Alveofit for Pulmonary Screening and Peptris for AI led Drug Discovery.
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The 13th edition of the Lifesciences and Healthcare Innovation Forum (LHIF) was successfully hosted by MeitY, KTech, and NASSCOM CoE. The event focused on digital health innovations and their impact on healthcare accessibility and affordability in India.
Collaborative Effort for Healthcare Innovation
The Ministry of Electronics and Information Technology (MeitY), Karnataka Innovation and Technology Society (KTech), and NASSCOM Centre of Excellence (CoE) jointly organized the 13th edition of the Lifesciences and Healthcare Innovation Forum (LHIF) 1. This event, held on April 28, 2023, brought together industry leaders, startups, and government officials to discuss the latest advancements in digital health technologies and their potential to transform healthcare delivery in India.
Focus on Digital Health and Innovation
The forum centered around the theme of digital health innovations and their role in enhancing healthcare accessibility and affordability. Discussions revolved around emerging technologies such as artificial intelligence, machine learning, and data analytics, which are reshaping the healthcare landscape 2. The event highlighted how these innovations are contributing to more efficient and patient-centric healthcare services.
Key Speakers and Participants
Several prominent figures from the government and industry participated in the forum. Dr. Saurabh Gaur, Joint Secretary of MeitY, emphasized the government's commitment to fostering innovation in healthcare through various initiatives [1]. The event also featured speakers from leading healthcare organizations and technology companies, who shared insights on the latest trends and challenges in the sector.
Startup Showcase and Industry Collaboration
A significant portion of the forum was dedicated to showcasing innovative startups in the healthcare space. These young companies presented their cutting-edge solutions, ranging from telemedicine platforms to AI-powered diagnostic tools [2]. The event provided a valuable platform for startups to connect with established industry players, potentially leading to collaborations that could accelerate the adoption of new technologies in healthcare.
Government Initiatives and Support
The forum highlighted various government initiatives aimed at promoting digital health in India. Speakers discussed programs such as the National Digital Health Mission and the role of regulatory frameworks in facilitating innovation while ensuring patient safety and data privacy [1]. The event underscored the government's role in creating an enabling environment for healthcare startups and technology adoption in the medical field.
Impact on Healthcare Accessibility and Affordability
A key focus of the discussions was how digital health innovations can address the challenges of healthcare accessibility and affordability in India. Speakers explored how technologies like telemedicine and remote monitoring can extend healthcare services to underserved areas, while AI and data analytics can help in early disease detection and personalized treatment plans [2]. The potential of these innovations to reduce healthcare costs and improve patient outcomes was a recurring theme throughout the forum.
Future Outlook and Challenges
The forum also addressed the challenges facing the digital health sector, including data security, interoperability of systems, and the need for skilled professionals. Participants discussed strategies to overcome these hurdles and pave the way for wider adoption of digital health solutions across India's diverse healthcare landscape [1][2].
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