Vectrogen HealthCare Services provide actionable personalized diagnostic reports that help deliver the right treatment therapy at the first instance of patient’s diagnosis. This helps healthcare facilities to improve their patient satisfaction and provides economical patient management by saving their time and money as the patients don’t have to undergo multiple diagnostic tests.
Ms.Saumya Shukla is the Co-Founder at Vectrogen Healthcare Services Pvt. Ltd. She is studying the impact of Health Financing in hospital-based systems at Sanjay Gandhi Institute Of Medical Sciences, Lucknow. She desires to revolutionize healthcare diagnostics in India by using Artificial Intelligence and make it more accessible and affordable.
In an interaction with Techxty, Saumya Shukla talks about the new technologies that are modifying the healthcare industry. Read On!
Can you please introduce yourself.
Hi, I am Saumya Shukla, I am the Co-Founder at Vectrogen Healthcare Services Pvt. Ltd. Besides being the Co-Founder at Vectrogen am also studying doctorate in Health Economics wherein I am studying the impact of Health Financing in hospital-based systems at Sanjay Gandhi Institute Of Medical Sciences, Lucknow. I am also born to doctor philanthropic parents who have always taught me to work harder and do better and make a dent where ever I can, my parents gave me and my brother equal opportunities if not more and being based out of India that definitely gave me the courage of conviction to break the status quo from pursuing a traditional career to taking up Entrepreneurship as a full-time job. My dream is to revolutionize healthcare diagnostics in India by using Artificial Intelligence and make it more accessible and affordable.
Entrepreneurs should keep up with new technologies. What are your views on it?
We are living in this wonderful tech era, where progress is rapid and technology touches every aspect of our daily life be it digital currency or smart AI assistants helping us to choose what to wear depending on the weather forecast for the day to scheduling meetings for daily tasks and even recommendation systems depending on our mood for the day. In this day and age, there’s always a newer, better solution available for pretty much any stone-age business process.
It’s actually more important for Entrepreneurs to keep up with new technologies, than many realize. For example, customers nowadays are increasingly demanding personalized experiences in virtually every business that makes businesses more relevant to them and is one of the biggest factors in customer retention. In order for businesses to deliver such intimate personalized experiences and have a competitive edge is virtually impossible without adopting newer technologies. That’s exactly why new businesses especially startups are heavily investing in data analytics, artificial intelligence among other technologies to gain that competitive edge. Choosing to ignore the latest of these technologies may quickly make any business obscure and irrelevant as they are no longer delivering what the customers want.
Tell us something about how AI will transform the future of healthcare?
Surprisingly healthcare stands out as the economic sector that has been least digitized and the biggest latecomer to the automation party. While other economic sectors seem to have taken incredible strides to leverage the strength of automation from the factory floor to the living room space (Alexa, Google assistants to smart switches), the healthcare sector remains in a state of complacency, with quite low productivity over the past century. At a time when surgery assisted by robots is making everyday headlines, the rest of the healthcare sector seems to be stuck in the pre-artificial intelligence era. This AI wave of change will transform the health sector fully and ultimately attain its biggest objectives: better patient care and better patient results from therapeutic and diagnostic instruments to patient care assistance and post-treatment monitoring.
Can technology solve healthcare accessibility and affordability issues? How?
Access to healthcare impacts one’s overall physical, social, and mental health status and quality of life. The current barriers to health services include high cost of care, inadequate coverage and lack of access to health services. Technology is the only way to provide cost-effective solutions at a time when the burden and demand for healthcare services continues to increase and outpaces our traditional ways of providing health services. The quick-change towards tele-health is helping to eliminate wait times, lower the transport expenses, while providing massive outreach to patients in rural communities. Mobile technology is empowering people to have access to qualified medical information and treatment options, there is increasing potential to shift hands-on treatment in primary healthcare clinics and hospitals to home care via e-prescriptions,e-visits, and remote monitoring.
How Machine learning algorithms are shaping the future of the healthcare industry?
There’s no doubt that complex machine learning (ML) algorithms have a huge and wide-reaching potential with everything from diagnostics image screening solutions to drug discovery. Applications of ML in healthcare are endless, however, here are some of the current technological applications of ML in the healthcare sector:
Medical diagnostics: the use of ML algorithms to diagnose patients with diseases, including ML for identifying and anticipating cancer development.
Drug discovery: There are dozens of health and pharma companies currently leveraging Artificial Intelligence to his covering and taking drugs all the way to market.
Pain management: By leveraging virtual reality combined with artificial intelligence, simulated realities are created that can distract patients from the current source of their pain and even help with the opioid crisis.
Improving patient outcomes: Patients outcomes can be improved through a wide variety of strategies and outcomes-driven by artificial intelligence.
The Associated Chambers of Commerce and Industry of India as a representative organ of Corporate India articulates the genuine, legitimate needs and interests of its members. ASSOCHAM strongly urges the policymakers, business houses/ entrepreneurs and students (the future of India) to grasp the golden opportunity of leading the country in resurgent India. Saumya Shukla was one of the three winners at the event organized by them, the Startup Elevator Pitch Series at ASSOCHAM Startup Launchpad- Lucknow Chapter.