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We're all frustrated here because we can all see the...

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  1. 684 Posts.
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    We're all frustrated here because we can all see the opportunity. At least we all *think* we see the opportunity and perhaps dunno (like me and others I'm sure) are starting to feel a little crazy is because time is marching on. And while it does the opportunity to establish a resilient moat slips by.

    There exists the opportunity to build a moat as wide as some of the very best modern day companies in the world enjoy - from the dataset that could be built up to run AI across, to the organisational inertia to change once established and integrated with in-practice systems and processes. Imagine the learnings that could be gleaned from applying AI models across a dataset of millions of measurements instead of the 50 odd thousand we have now -

    https://hotcopper.com.au/data/attachments/5475/5475733-06cc5827a49aa588d8eb055cf266f55f.jpg

    It's clear (per the below) that the platform is already providing enormous health benefit outcomes -

    https://hotcopper.com.au/data/attachments/5475/5475731-e36f5ec166e3480e30b2731cb2229c9d.jpg
    Detection of different conditions as early as possible will only get better given more data etc. Building this capability up quickly will be a major selling point against any potential competitor - why would you go with the newly minted offering B when Heracare's system is backed by millions of measurements? There are many industries that will be disrupted by AI in the coming decades, healthcare being one of them (plenty of reading on the net for the googler, this article but one) -
    https://opendatascience.com/ten-industries-machine-learning-and-generative-ai-are-disrupting-in-2023/

    The other great disrupter of healthcare in the coming decades will be telehealth. Again plenty of articles on the net backing up this assertion, here but a few and one of which talks about Medicare subsidizing telehealth GP visits (bound to be expanded to other services).

    https://www.christenseninstitute.org/blog/can-telehealth-disrupt-traditional-models-of-healthcare-it-depends/
    https://journals.lww.com/naqjournal/Abstract/2019/07000/Telehealth__Disrupting_Time_for_Health_Care.9.aspx
    https://www.msia.com.au/connect/msia-the-view-from-here/the-quiet-revolution-disrupting-australian-healthcare/

    So we have our little minnow that appears (on face value) firmly utilising two of the most disruptive forces coming to healthcare that could benefit everyone invested, provided they get a wriggle on and build that moat!
 
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