March 23, 2020 - Parul Saini, Webmedy Team
Why is there a huge interest in Natural Language Processing (NLP) in the healthcare industry?
NLP is an algorithm-based principle that aids in the study of text data, images, and other unorganized data. It sums the entire journal data from which one can then make actionable insights. Today, the large majority of the data in healthcare is unorganized. This involves data in the form of records, instructions, blogs, and social media communications. In a situation like healthcare, it creates more sense to draw into the potential of unorganized data.
The section of unorganized data in healthcare is as high as 80%. Without NLP, it is near to impossible to get the data understandable and useful. With NLP, it becomes simpler to handle this chunk. It is no wonder that the entire investment on NLP in healthcare was a big USD 1 billion in 2016. It is only continuing to rise, and it is foretold that it will become USD 2.6 billion in 2021.
One of the immediate results of NLP has been a decrease in the time needed to reach a clinical guideline. According to specialists, it has got down by 60%. In one such research, IBM Watson conducted a pilot program wherein IBM ran its algorithm over a humongous 21 million recordings and, with an efficiency of 85%, recognized 8500 patients who run a danger of congestive heart failure in a week.
Some areas where NLP can aid healthcare:
The healthcare ecosystem is growing. With the generation of intelligent technologies, the atmosphere is shifting more favorable to the use of NLP. First of all, the capacity to manage upsurge in health data has grown. The entire big data ecosystem has arrived collectively to manage the upsurge in data. Thanks to cloud computing, collecting data has become economically viable. By creating a sense of the data, the providers have understood that it is simpler to give a more accurate treatment, alias personalized healthcare.
Patient cooperation has also matured more fruitful as NLP has begun making sense of the EHR information. A set of algorithms can operate through humongous volumes of medical records and get sense out of those and gain useful knowledge, which can be utilized for developing patient literacy. With this, the requirement for advancement in healthcare status is approached right at its roots. Analytics also improves the classification of the patients who require care or drive the risk of an attack.
NLP tools may also allow a more effective way to estimate and enhance care quality. It can allow patients to shift from the current treatment plan to a more suitable one.
Healthcare is a complicated process. A notable degree of human engagement in the care cycle can introduce errors, sometimes probably dangerous ones. In a delicate situation, these mistakes can have a jeopardizing impact on care offerings. NLP algorithms can be applied to evaluate patient care and recognize these errors.
NLP tools can also establish a benchmark for doctors. Besides reducing the range of errors included in data extraction, they can discover a quality measure of care delivery.
In brief, one can reliably state that NLP has opened the information once resting unexploited below heaps of a document. With the right partner on board, healthcare organizations can begin harvesting the profits.