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Knowledge of what the treatments are. most doctors don't have the time to look up all the things they need to look up. so watson in its current form actually can supply doctors with with answers to their questions that they formulated during the day and with those answers can improve their diagnostic outcomes and their treatment outcomes as well. >> okay. so do you just put in the patient's information and it draws it from a medical bank, data from somewhere? >> watson has access to information in all sorts of capacities and shapes and the doctors can give the clues much like the "jeopardy!" i...

It will take that and look at reference books, textbooks, a huge breadth of information, knowledge to what's going on with that patient, again, to inform the doctor about the many different possibilities and what evidence to look at to support the right diagnosis or even beyond that looking at the huge variety of treatment options that might exist. >> it sounds like watson can do everything really but operate and can watson operate or will it happen in the future? >> no, i don't think you're going to want watson in the operating room taking a scalpel to you. you have to think of it as a tool. ...

>> for us, we have been working with speech for years and we have introduced clinical langle "wall street journal" and understanding. today we have approximately 50% of the physicians in the u.s. use our technology. so we have found a way through speed, accuracy the physicians say, hey, this helps me deliver patient care. this is a value add. i just see watson being an extremely valuable expansion to that. >> my next question for dr. ferucci, where did the name watson come from and what applications do you see for watson? dave said he didn't see operating. >> watson was named after thomas j. w...

Doctors have used computers to help make decisions for decades. we know that. how is this one different? >> well, i think this one is different because it directly impacts something that everyone wants to directly impact in the u.s. which is the cost of care and the quality of care. and what watson will allow us to do is get the best evidence, up the moment evidence, in the hands of the clinicians. we have demonstrated we can figure out how to get technology embedded into a physician workflow so they like it, find it has a value add. it's a fantastic opportunity to work with watson and raise t...

Panel. watson is considering many, many possibilities just as you might do if you were working a diagnosis or coming up with treatment options. watson's collecting evidence from many, many different source, evaluating it, combining it, and deciding what's most likely the right answer here. >> okay. let's talk a more here about medicine. we'll go to dr. chase. according to the institute of medicine 98,000 people die interest medical errors in hospitals. it's the fifth leading cause of death in the u.s. how can doctors be sure they are getting the right information? >> well, at the end of the da...