Brand Engagement Network (BEN), a NASDAQ-listed artificial intelligence company, is pioneering the integration of AI assistants into the healthcare sector, specifically targeting medical coaching and the rapidly expanding concierge medicine market. This initiative is a response to the healthcare industry's shift towards more holistic and accessible care solutions, a trend accelerated by the global pandemic. BEN's technology features human-like avatars that interact with patients, offering a HIPAA-compliant platform capable of understanding patient needs, providing preventative medicine insights, and safeguarding sensitive health information.
The company has forged strategic partnerships to enhance its impact in healthcare. A notable collaboration with Members Only Health, a concierge healthcare provider, aims to develop an AI assistant to streamline the coordination of healthcare services across its global network. Similarly, BEN's partnership with INTERVENT International seeks to integrate AI assistants into health coaching programs, offering a scalable and cost-effective support system for both coaches and patients.
These efforts are timely, given the U.S. concierge medicine market's projected growth to $6.7 billion in 2023, with an annual increase of 10.4% expected through 2030. The aging population in the United States, anticipated to reach 84 million adults aged 65 and older by 2054, underscores the urgent need for innovative healthcare solutions. BEN's expansion of its Board of Directors to include Dr. Richard Isaacs, a leader in healthcare innovation, further solidifies its commitment to transforming healthcare through technology.
Paul Chang, CEO of BEN, highlights the potential of AI to bridge resource gaps in healthcare, stating, "AI technology enhances patient engagement and supports healthcare professionals in making informed decisions for optimal health." The deployment of AI assistants in medical coaching and concierge medicine marks a significant advancement in healthcare, promising to improve health outcomes, streamline care delivery, and enhance the patient and provider experience. BEN's initiatives may well set a new benchmark for AI's role in healthcare, encouraging wider adoption of such technologies across the industry.
