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Federal government invests $15 million in AI development in healthcare through Vancouver technology cluster program | saskNOW | Saskatchewan

Federal government invests  million in AI development in healthcare through Vancouver technology cluster program | saskNOW | Saskatchewan
Federal government invests  million in AI development in healthcare through Vancouver technology cluster program | saskNOW | Saskatchewan

By means of Canadian Press

Jul 10, 2024 | 3:40 PM

VANCOUVER — Canada is investing about $15 million to develop artificial intelligence in health care, in a move federal Innovation Minister François-Philippe Champagne calls a “game changer” for improving the sector’s ability to serve patients.

Champagne says the funding through the ministry’s technology cluster program in Vancouver will be invested in five medical technology companies, developing technology that can automate certain tasks to improve care.

The AI ​​initiative, known as the Health Compass II project, will use the $15.3 million federal investment as leverage to secure additional investments from partners to support its total $44 million budget.

Technologies developed through the program include a “virtual patient agent” estimated to improve patient engagement by 30 percent, as well as automation that streamlines administrative tasks and clinical documentation.