AI Trends in the Life Sciences Industry

A fundamental shift in the pharmaceutical industry and artificial intelligence (AI) is occurring, helping to shape the pharma industry in the 21st Century. AI and machine learning offer the pharmaceutical industry with an opportunity to rethink research and development (R&D), so that it can significantly improve the success rate of early stage drug development.

The current drug development process is lengthy and expensive. It can take up to fifteen years for a new drug to go from inception to market, and can cost over $1 billion per drug. The drug discovery process can be greatly aided by AI and machine learning technology. The amount of daily data generated by biomedical research is staggering. It is estimated upwards of 10,000 new biomedical publications from databases and journals are uploaded to the Internet daily, representing an enormous amount of data. Continue reading “AI Trends in the Life Sciences Industry”

Is Your Cocktail Hour Turning Toxic?

Birthdays, parties, special occasions or just at dinner— there’s usually plenty of occasions and reasons to raise your glass. Unfortunately, many American adults may be overdoing it. According to a National Survey on Drug Use and Health, 26.9 percent of people ages 18 or older reported binge drinking on at least one occasion a month and 7 percent reported that they engaged in heavy alcohol use on a monthly basis.

Excessive alcohol intake can increase your risk for several chronic conditions, including liver disease and some cancers. Alcohol abuse can also have a negative impact on your job, relationships and safety—both yours and those around you.

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Everyone Wants Telemedicine. So Why Aren’t Your Employees Using It?

It feels as if telemedicine has been the “next big thing” in health care for a long time now. According to Mercer’s National Survey, by now most employers with at least 500 employees report that their employees have access to telemedicine services (71%), either through their health plan or through a specialty vendor contracted outside the plan. But in most organizations, employee utilization rates remain frustratingly low.

Telemedicine can be a win for both the employee, who benefits from greater convenience and lower out-of-pocket costs, and for the employer – if, for example, employees make fewer unnecessary trips to the ER or urgent care. But it only works if employees use the service, and employers with programs in operation in 2016 reported that just 7% of eligible employees, on average, used telemedicine at least once.

Changing behavior is hard, and changing healthcare behavior seems especially hard. How can you encourage employees to try telemedicine? Most likely, you will need to take action on two fronts – plan design and communications.

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