WELL Health Technologies Corp. a digital health company, and its investee company, HEALWELL AI, have announced the launch of “WELL AI Decision Support,” a groundbreaking service designed to support healthcare providers and improve patient care. This collaborative initiative is part of a Strategic Alliance Agreement between the two companies, signifying a long-term, mutually beneficial partnership focused on healthcare innovation.
Key points about “WELL AI Decision Support” and the partnership:
- Objective: The “WELL AI Decision Support” module aims to bridge critical gaps in healthcare diagnostics and patient care. It leverages artificial intelligence (AI) technologies to enable earlier diagnosis, treatment, and improved patient outcomes, ultimately enhancing the quality of healthcare.
- Development: The technology behind “WELL AI Decision Support” was meticulously developed by HEALWELL AI, in collaboration with healthcare professionals, researchers, data privacy experts, pharmaceutical companies, and other domain experts. It has been validated in both Canadian and U.S. healthcare systems.
- Modular Service: This solution is highly modular and will be expanded over time. Initially, it enables healthcare providers to accurately identify over 110 complex or rare diseases that are often overlooked by traditional diagnostic methods.
- HEALWELL AI’s Expertise: HEALWELL AI, as a key partner, brings its expertise in data science and preventive care to the collaboration. This partnership grants HEALWELL expansive access to healthcare providers.
- Challenges Addressed: The module addresses the challenges of diagnosing rare and complex diseases, which affect a significant number of patients worldwide. It can potentially reduce the time and number of misdiagnoses patients experience before receiving accurate diagnoses.
- WELL’s Mission: WELL Health Technologies Corp. aims to “tech-enable healthcare providers” by providing comprehensive healthcare and digital platforms. WELL’s solutions empower over 31,000 healthcare providers in the U.S. and Canada, covering various healthcare specialties.
- HEALWELL AI’s Mission: HEALWELL AI focuses on AI and data science for preventive care with the mission to improve healthcare and save lives through early disease detection.
This collaboration represents a significant advancement in the application of AI in healthcare, with a strong focus on improving patient outcomes and streamlining the diagnostic process for rare and complex diseases. It demonstrates the commitment of both companies to ongoing innovation in healthcare.