Mosaic Data Science is excited to announce its participation in the upcoming two-day webinar series titled “Future of Healthcare: Navigating AI Integration in Medical Devices,” hosted by the Focused Ultrasound Foundation. This event, held on May 28 and May 29, 2024, will delve into the significant aspects of artificial intelligence (AI) and machine learning (ML) in the medical device sector.
The webinar series will help inform both current and prospective medical device manufacturers about the critical regulatory, patent, and practical aspects of implementing AI and ML technologies. Special emphasis will be on focused ultrasound equipment, showcasing innovative applications and compliance strategies for AI/ML integration.
On day two of the webinar, VP of Data Science Michael Shumpert will discuss the AI/ML data management best practices to reduce the risk of bias, focusing on privacy regulations regarding the use of patient data in AI/ML model training.
By integrating advanced explainable AI, bias auditing, and MLOps practices into AI/ML modeling processes, Mosaic helps ensure that crucial medical device information is ethical and reliable. The data science company’s rigorous approach to AI emphasizes fairness and transparency, crucial for medical applications. With over two decades of experience in mathematical decision-making, they have pioneered methods to help firms audit algorithms for bias and enhance their explainability in alignment with the AI Risk Management Framework by the National Institute of Standards and Technology (NIST). Mosaic is also an active participant in the U.S. AI Safety Institute Consortium (AISIC).
Shumpert’s insights are backed by Mosaic’s extensive experience and strategic partnership with EBG Advisers & Epstein Becker Green, a collaboration that combines Mosaic’s award-winning AI capabilities with their expertise in algorithm bias auditing and risk management, offering comprehensive and compliant solutions to firms of all industries and backgrounds. Together, they provide industry-leading solutions in AI application and risk management.
“This webinar represents a vital opportunity to discuss the advancements and challenges in integrating AI into medical devices,” said Shumpert. “Our focus at Mosaic is to ensure that AI technologies not only meet technical and regulatory standards but also adhere to the highest ethical principles. We are proud to contribute to this important dialogue, demonstrating our commitment to advancing healthcare through innovation.”
Mosaic is at the forefront of AI/ML innovation in the healthcare industry through targeted solutions that deliver value in weeks and months, not years. Our dedicated team specializes in creating bespoke AI solutions tailored to meet the unique needs of the pharmaceutical, biotechnology, hospital, and medical technology sectors. With a deep understanding of the challenges and opportunities within these industries, we leverage cutting-edge artificial intelligence and machine learning technologies to unlock actionable insights, improve patient outcomes, and drive innovation.
The “Future of Healthcare: Navigating AI Integration in Medical Devices” webinar is a pivotal opportunity for medical device industry stakeholders to gain valuable knowledge and engage with experts at the forefront of AI technology. Mosaic’s involvement underscores its commitment to promoting ethical AI practices while supporting advancements in medical technology.
