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Elsevier, PhactMI to develop MI semantic search platform

Health analytics company Elsevier is collaborating with nonprofit PhactMI to develop an Entellect-powered semantic search portal for healthcare professionals.

Elsevier and PhactMI are collaborating to develop a semantic search platform that will allow healthcare providers to access medical documentation. The AI-powered search portal can access medical documentation from 30 major pharmaceutical manufacturers, as well as relevant information from the FDA.

According to Elsevier, a science- and health-focused analytics business, and PhactMI, a nonprofit collaboration of pharmaceutical leaders, there is an urgent need for reliable and easy-to-access information. Elsevier said almost one-fifth of pharmaceutical spending goes toward research and development (R&D), and that the new medical information (MI) search platform will help overcome common R&D challenges that contribute to the cost.

The software builds upon Elsevier's cloud-based, AI-ready data platform Entellect, released in November 2018. Entellect -- which collects, de-siloes, and contextualizes drug, target and disease data from a variety of sources -- filters out promotional materials, enabling healthcare providers to find and treat patients with objective information.

Entellect is a flexible platform built for compatibility with custom applications; the vendors claim building the PhactMI search function on top of this software will create one source for a horde of relevant, impartial MI for healthcare professionals to analyze efficiently.

Being a semantic search platform, PhactMI's Entellect-powered MI release will identify searcher intent, improving the relevancy of results, making the portal more efficient than keyword-based search portals, according to the vendors.

Other AI-based healthcare portals include Philips' Insights Marketplace and GE's Edison; these, along with many other EHR platforms and software, emphasize patient diagnosis and care plans, whereas PhactMI's search portal zeroes in on access to general MI for R&D purposes.

Elsevier and PhactMI plan to release the Entellect-powered search portal in Q4 2019.

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What is the biggest R&D challenge your healthcare company faces?
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I really think healthcare professionals will gain so much value from the platform. There is so much information at your fingertips and provides an unbiased search experience to retrieve the most relevant information from the users search. It’s a great one-stop-shop for medical information
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