Predicting the future is notoriously difficult. But when you follow the money, your predictions can be much better.
Which is exactly what made the recent TechFundingNews interview with Anar Murtuzayev so interesting. As the CEO of Mount Venture Capital Fund, Anar is responsible with overseeing a considerable range of investments, including many in the healthcare sector.
According to Mr. Murtuzayev, investor attention is focused on three big developments right now: AI, the blockchain, and political concerns for regulatory compliance. But which of them should be first on your radar?
AI Advancements & Healthcare
Hundreds of billions of dollars have been pouring into AI research. That’s because many experts expect AI to essentially revolutionize our world, perhaps in a similar fashion and degree as the invention of the Internet. And when asked about AI driven advancements, Anar clearly ranks among the notably optimistic.
On the patient side of things, Mr. Murtuzayev sees a significant amount of the money invested into AI being channeled towards individualizing patient treatments, which can lead to better outcomes alongside cost reductions.
On the practitioner side of things, Anar points towards the rise of decentralized clinical trials as a big win for researchers. Data-collecting wearable for remote monitoring allows patient data to be much more accessible, and as this trend continues, we have every reason to believe it will only be easier to collect and respond to patient data.
In short, Mr. Murtuzayev’s AI predictions appear quite mainstream and seem quite plausible. We’re already seeing incredible stories about AI being used to detect cancer, so these predictions seem like a logical next step.
How Blockchain is Shaping the Future of Healthcare Technology and Regulatory Compliance
While most of his Mr. Murtuzayev’s suggestions are thoroughly supported by evidence, he also dabbles in areas involving a higher degree of speculation. For instance, Anar has made some considerable predictions that blockchain technologies are going to have a big impact on securing patient data and preventing fraud.
To his credit, global spending on blockchain solutions has hovered in the area of five or six billion dollars for the past few years. Many industries are making big bets to try and make blockchain technologies work for them. That’s because the theoretical advantages of blockchain technologies are incredible, as information stored with that technology is virtually invulnerable to fraud.
But the fact of the matter is, in spite of all the money being poured into blockchain, there’s very little in the way of materiel results. Big companies are investing in these areas, but they’re not yet producing much in the way of practical products that complete with existing market solutions. In short – optimism is warranted, but don’t hold your breath because these technologies could take many more years to mature.
Security & Regulatory Compliance
Finally, when asked about the security and compliance concerns brought about by the rise of telehealth services, Anar had decisive vision. He claims investors like himself view security and compliance as opportunities for a competitive advantage. Rather than focusing on passing the relatively low bar of regulatory compliance, he says investors are increasingly looking for security frameworks that are proactive about finding and eliminating problems.
He’s right, and frankly, medical practices are looking for the same thing. In healthcare, cybersecurity is paramount to the health and well-being of not only your patients, but your practice. That’s why FormDr’s security features go so far beyond the bare necessities, ensuring you can rest assured your data is secure. As we look ahead to 2025 and beyond, staying informed about the future of healthcare technology and regulatory compliance will be essential for providers, investors, and patients alike.
