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Nelson Advisors interviewed by HSJ for the Expert Briefing story 'The Ambient Voice Technology will hear you now'

  • Writer: Nelson Advisors
    Nelson Advisors
  • Sep 10
  • 3 min read
Nelson Advisors interviewed by HSJ for their 'The Ambient Voice Technology will hear you now' story
Nelson Advisors interviewed by HSJ for their 'The Ambient Voice Technology will hear you now' story

HSJ: The Download


Nelson Advisors partner Lloyd Price interviewed for HSJ's Download column and Expert Briefing story 'The Ambient Voice Technology will hear you now'.



Across a range of software providers and settings over the past three months,  The Download has been aware of:


  • AVT that enters simple mishearing mistakes on to patient records

  • AVT recording a conversation between a clinician and patient that overheard a separate conversation in the background and conflated the two on to one record; and

  • AVT in a mental health trust that wouldn’t take notes on a patient discussing suicide because the software it was adapted from had rules about not encouraging people to harm themselves.


One healthtech executive told me that because AVT tech was already so widely in use, especially in primary care, it would take a patient death and a referral to the General Medical Council to get properly enforced, pro-active regulation.


So why the big push? Why are trusts everywhere trialling it?


Because in the main, it works. Because with some caveats, staff seem to like it.


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But what do patients think? Lloyd Price, partner at healthtech M&A advisers Nelson Partners, said the London results were encouraging on that front also.


He said: “One of the biggest takeaways from the GOSH trial is the high level of public comfort and consent rate to using ambient voice technologies. To generate all of the productivity and efficiency gains, patients/carers/parents need to agree to being recorded and transcribed.


Without high levels of public trust, technology solutions will struggle to be adopted and scaled beyond initial pilot sites and departments.


“The high consent rates in trials like GOSH demonstrate that patients and parents are willing to embrace technology when they can clearly see the benefit, namely, a better, more focused and more humane clinical experience.”


Nelson Advisors > HealthTech and MedTech M&A


Nelson Advisors specialise in mergers and acquisitions, partnerships and investments for MedTech, Digital Health, HealthTech, Health IT, Consumer HealthTech, Healthcare Cybersecurity, Healthcare AI companies based in the UK, Europe and North America. www.nelsonadvisors.co.uk

 

Nelson Advisors regularly publish MedTech and Healthcare Technology thought leadership articles covering market insights, trends, analysis & predictions @ https://www.healthcare.digital 

 

We share our views with MedTech and Healthcare Technology insights, analysis and predictions in our LinkedIn Newsletter every week, subscribe today! https://lnkd.in/e5hTp_xb 

 

Founders for Founders > We pride ourselves on our DNA as ‘HealthTech founders advising HealthTech and MedTech founders.’ Nelson Advisors partner with entrepreneurs, chair persons, boards and investors to maximise shareholder value and investment returns. www.nelsonadvisors.co.uk

 

 

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Nelson Advisors specialise in mergers and acquisitions, partnerships and investments for MedTech, Digital Health, HealthTech, Health IT, Consumer HealthTech, Healthcare Cybersecurity, Healthcare AI companies based in the UK, Europe and North America. www.nelsonadvisors.co.uk
Nelson Advisors specialise in mergers and acquisitions, partnerships and investments for MedTech, Digital Health, HealthTech, Health IT, Consumer HealthTech, Healthcare Cybersecurity, Healthcare AI companies based in the UK, Europe and North America. www.nelsonadvisors.co.uk

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