4 ways Mayo Clinic is speeding up AI development, commercialization

Rochester, Minn.-based Mayo Clinic is using software standardization, development processes and technology to generate AI use cases more rapidly, according to an Aug. 8 MIT Sloan Management Review article. 

Four initiatives the health system implemented to accelerate AI growth: 

  1. The "AI factory" approach: This approach, launched in 2021, aims to produce machine learning models quickly. So far, more than 200 use cases have been part of this approach.

  2. Google partnership: Mayo Clinic is collaborating with Google on AI initiatives. The health system also has joint initiatives with Google Health, a unit that partners with healthcare organizations to conduct research and develop in order to create new solutions.

  3. Mayo Clinic Platform: The platform is the data analytics and digital health arm of the health system. Headed by Boston hospital tech executive John Halamka, MD, the platform uses innovation, technology, a portfolio of startups using AI and other Mayo Clinic resources to use de-identified data to stop diseases in patients before they emerge. 

  4. Platform_Accelerate: The platform, launched in 2022, is a 20-week program to get healthcare artificial intelligence startups prepared to enter the market. The platform provides startups with de-identified training data sets, model validation frameworks, clinical workflow planning and expert mentorship from Mayo Clinic in exchange for equity positions. 

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