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Small Language Models (SLMs) have the potential to revolutionise Healthcare AI in addition to LLMs

Lloyd Price

This makes them more efficient and easier to train, but also limits their capabilities. They are trained on massive amounts of text data, learning to predict the next word in a sequence. Privacy and Security: SLMs can be trained and deployed on-device or locally, reducing concerns about data privacy and security.

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Accenture Invests in QuantHealth to Accelerate Use of AI-Powered Clinical Trial Simulations to Drive Cost-Effective Drug Development

Healthcare IT Today

Accenture announced it has made a strategic investment, through Accenture Ventures , in QuantHealth , an AI-powered clinical trial design company that simulates clinical trials in the cloud, allowing pharmaceutical and biotech companies to more quickly and cost-effectively develop treatments for patients. Petra Jantzer, Ph.D.,

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Merative formerly IBM Watson Health poised to launch raft of new products in 2025

Lloyd Price

Healthcare Technology Thought Leadership from Nelson Advisors – Market Insights, Analysis & Predictions. Visit [link] HealthTech Corporate Development - Buy Side, Sell Side, Growth & Strategy services for Founders, Owners and Investors. MarketScan University: Offers educational resources and training programs.

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HLTH 2024: What are the key talking points likely to be?

Lloyd Price

Healthcare Technology Thought Leadership from Nelson Advisors – Market Insights, Analysis & Predictions. Visit [link] HealthTech Corporate Development - Buy Side, Sell Side, Growth & Strategy services for Founders, Owners and Investors. Healthcare Workforce: Addressing shortages, training, and retention challenges.

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Healthcare AI Tools – 2025 Health IT Predictions

Healthcare IT Today

.” To drive impact with your AI initiatives, you must have a clear idea of what your organization is trying to achieve, what part of that goal is best suited for automation, and then select a solution with the training required to do what you are asking of them with a high degree of accuracy and reliability.

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The 4 Big Gaps in HealthTech: Funding, Trust, Evidence, Valuation

Lloyd Price

Regulatory Hurdles: The stringent regulatory environment in healthcare can increase development costs and delay time to market, making it less attractive to investors. Healthcare Technology Thought Leadership from Nelson Advisors – Market Insights, Analysis & Predictions.

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Wound Care: Emerging HealthTech market to watch in 2025

Lloyd Price

Healthcare Professional Education: Ensuring healthcare professionals are adequately trained in the use of new technologies and treatment modalities is crucial. Healthcare Technology Thought Leadership from Nelson Advisors – Market Insights, Analysis & Predictions.