Tandon: Purely AI-Driven Clinical Care Is the Wrong Approach
“And that's why, you know, purely AI driven care, in my opinion, is not the right approach. You need to have a human in the loop. And that's what physicians are trained for. They're trained for accountability.”
AI diagnostic adoption is blocked because legal liability remains with doctors
“The problem remains then and now is regulatory because you actually can't shift the burden Of the wrong clinical diagnoses from the physician to the AI system.”
Gil: Historically Slow Tech Adopters Like Doctors and Lawyers Love AI
“I think this is, by the way, super under discussed that the people who tended to be the slowest adopters of technology love AI. That's physicians, that's lawyers, that's certain accounting types. It's, you know, it's actually kind of fascinating. It's complian…”
Nadler: OpenEvidence frequently generates patient handouts and insurance appeal letters
“Encourage physicians to use open evidence to generate patient handouts, and that's actually a very widely used secondary. It's mainly clinical report, but we have all these secondary use cases like prior authorization letters and insurance appeal letters, and …”
Gil: Political culture stopped doctors from speaking candidly about obesity risks
“Political culture took over and prevented them from speaking their minds on things that were really clear on evidence. That huge impact for the patient population, yet nobody would stand up and say, actually, it's really bad that we're glorifying the fact that…”
Sharma: 600,000 expert annotations boosted Microsoft Dragon AI acceptance to 83%
“We've got an AI product called Dragon that's for physicians. And we saw a massive difference from when we used, you know, synthetic fine tuning to when we annotated 600,000 patient physician interactions by experts and actually fed that into the model and cont…”
Bertolini: Conflicting economic models make US healthcare structurally dysfunctional
“Physicians, 760,000 or so, all work on a cash basis. That's their accounting model. The hospital systems and the facilities that provide healthcare around the country work on a revenue basis. As long as I have enough revenue coming in, I can win. And then you …”
Anderson: Physicians are trained for reactive guidelines, not proactive prevention
“These physicians are trained a certain way. They're not trained to focus on prevention. They're trained to follow the guidelines that our health system has put in place, which are very rigorous and they're reactive. They're not proactive.”
HITECH Act paid hospitals up to $64K per physician for EHR adoption
“So specifically, it amounted to 44,000 to 64,000 dollars per physician. In incentive payments over a few years for adopting it. Now that actually went to the hospital, but it was basically, you get paid for how many physicians are doing this.”
Gil: Google's Med-PaLM 2 outperformed individual physicians in panel evaluations
“Where MedPalm II, where the output of the model was better than the average physician. It was basically like a health model, the Google Belt, and they would use physician panels to rate Outputs of the model versus individual physicians, and the model did bette…”
Teo: AI will not overtake physicians for the imaginable future
“I don't think physicians can be overtaken so easily. Not at all, for the imaginable future.”
Schillace: Physicians paired with AI diagnostic tools perform worse than AI alone
“There's a study I saw a while ago that compared like an AI based system, AI only physician only and AI plus physician An AI plus physician did worse than AI only. The physician kind of dragged the AI down because they didn't trust it.”
Poe: Well-slept hospital staff make fewer medical errors and needle-stick accidents
“And if the schedule of the hospital allows for physicians and nurses and staff to get good regular sleep, then the physicians and nurses Make fewer medical errors. And that, that includes errors in terms of misprescribing something for the patient, as well as …”
Singhal: Evaluators can barely distinguish Med-PaLM 2 answers from human physicians
“One thing we're seeing with MedPOM-II as we get closer to physician-level performance on medical question answering is that it's hard to tell the difference anymore. It's hard to tell the difference between different models. It's hard to tell the difference be…”
Shkreli: 90% of healthcare costs stem from physicians and 10% from pharma
“90% of healthcare costs come from physicians. 10% come from pharma.”
Acker: Healthcare investors can have a bigger impact than practicing physicians
“I also felt that I could have a bigger impact as an investor than I could as a practicing physician. And then what's been really gratifying is that's turned out to be true.”
Medicare reimburses physicians $140 to $200 monthly per monitored patient
“Medicare reimburses anyway between 140 to 200 dollars per patient per month for you as a physician, and we help that process as well. We make the claims, we get the reimbursement for you as a physician.”
US primary care physicians manage an average of 2,300 patients each
“In, in the across the U S one physician has a panel of 2300 patients on average.”
Chamath: Medicare Part B pays physicians a 6 percent drug markup
“Under a Medicare Part B plan, a physician gets a six percent kickback of the price of the drug.”
Nusimow: Physicians bought 10% of initial 300,000 iPad pre-orders
“Way back in April, 2010 when the iPad first launched, there were about 300,000 pre-orders for the iPad. And it was limited to, like, two iPads per household or customer. And about 10% of those, 30,000 of those were sold to physicians.”
Butte: Pitching AI as a doctor replacement immediately alienates healthcare customers
“I think there are other kind of silly things that companies do sometimes that are unnecessary, like say things like physicians are going away, right, with AI and deep learning. Yeah, the greatest way to Make us not want to accept your product, right? That kind…”
HumanDX: Physician collectives outperform 90% of individual doctors in diagnostic accuracy
“We're now seeing that a collective of multiple physicians can outperform 90 plus percent of individual physicians.”
Rebecca Lynn: AI will probably outperform all but the top 10% of doctors
“You could imagine a case where, you know, maybe the top five percent of physicians, you know, you're not going to get better then, right? Maybe not the top 10%. But as you get down that stack, you know, AI's probably going to do a better job, right?”
Girard: Fruit Street raised $6M from 180 physician investors
“The company started in May of 2014 and, you know, we've raised about six million dollars of funding from a 180 physicians that have invested in the company as well.”
Girard: Physician investors are often more valuable than VCs for healthtech
“We feel that since we're developing a medical product that we would have very valuable input from physicians that could actually use the product with patients in their practice and give us feedback from their patients and their healthcare providers on how we c…”