The 13th edition of the Lifesciences and Healthcare Innovation Forum (LHIF) was recently hosted at St John’s Hospital and Research Institute in Bengaluru on August 13, 2024. The event, organized by MeitY-KTech-nasscom-CoE, brought together over 300 delegates from various sectors including industry, government, academia, and startups. The theme of this edition was AI for Care: Shaping the future of Healthcare and Lifesciences.
During the forum, several thought leadership sessions were held, featuring senior executives from Healthcare Providers, Pharma Companies, and MedTech Enterprises. These sessions focused on the utilization of AI in applications such as Drug Discovery, Precision Therapeutics, and Generative AI for Healthcare Operations enhancement. Industry leaders such as Srini Mahalingam from GAVS Technologies, Ramakrishna Rao from GE Healthcare, Mayank Anand from GSK, and Balasubramanian Sankaranarayanan from Thryve Digital participated in these sessions.
Additionally, the 6th edition of the Healthcare Innovation Challenge was launched, aiming to assist Healthcare Providers in adopting AI solutions developed by startups. Use cases from Max Healthcare, HCG, Sankara Nethralaya, and Dr Mehta’s Multispeciality Hospitals were presented, including AI solutions for predicting risk of malignancy in thyroid nodules, chemotherapy drug toxicity, Patient Counselling, and Diabetic Retinopathy & Age-related macular degeneration.
The event also saw the publication of an AI Transformation Playbook report titled Advancing Healthcare in India, in partnership with nasscom Insights. The report revealed that only 44% of companies have identified AI use cases, 43% have piloted, and 38% have AI use cases in production within the last 12 months.