At the recent ISPOR annual meeting in Atlanta, one of the most highly attended sessions, "Emerging Landscape of Health Economic Evaluation in the Era of Generative AI," captivated attendees with its forward-thinking discussion on the integration of generative AI in health economics.
Join Value Analytics Labs at ISPOR US from May 5-8, 2024. At ISPOR 2024, attendees will delve into the latest methodologies, data analytics, and evidence-based approaches that drive transformative changes in health and well-being. This year’s meeting is themed HEOR: A Transformative Force for Whole Health
The advent of General Artificial Intelligence (Gen AI) promises a seismic shift in the pharmaceutical industry. With its capability to automate tasks, enhance decision-making, and improve customer experiences, Gen AI stands at the forefront of a technological revolution.
When it comes to health economic modeling, the way we estimate patient survival is crucial for determining the cost-effectiveness of healthcare interventions. Traditionally, this has been done using general population mortality statistics to predict future survival rates. But is this approach still valid in a world where healthcare is rapidly advancing?
An episode on The Geo-Analyzer that Value Analytics Labs developed in collaboration with Seagen is posted on Gynecologic Oncology's website.
According to Chhatwal, this combination of lower vaccination and relaxed attitudes created ideal conditions for the Delta variant to spread in communities. "To get out of the wave sooner—or reduce the impact of the wave—we need higher vaccination rates and more social distancing, including indoor mask mandates in almost all states," he said.
In collaboration with Seagen, we developed Cervical Cancer Geo-Analyzer, an open access, web-based, interactive tool to visualize geographical areas in the US where cervical cancer education or healthcare resource needs are high. The tool was launched at the American Society of Clinical Oncology (ASCO) 2022 Annual Meeting.
“Look at Google Analytics, the prediction models, and waste water all pointing to the same trends,” Chhatwal said. “That tells us something about what’s happening in the state, which is trends should be going downwards from this point onwards.”
Dr. Jagpreet Chhatwal, an assistant professor at Harvard Medical School and the associate director of Massachusetts General Hospital’s Institute for Technology Assessment, which also projects COVID-19 metrics, cautioned that trying to predict what may happen with the virus in the weeks ahead is “highly uncertain.”
What is clear is that more variants will emerge if people remain susceptible to catching COVID-19 in the first place, said Jagpreet Chhatwal, an assistant professor at Harvard Medical School.
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