Artificial Intelligence, or AI, has made significant strides in the healthcare industry. The industry is estimated to grow from $14.6 billion in 2023 to $102.7 billion by 2028.3 When used appropriately, healthcare professionals can make informed decisions and potentially save millions of lives each year. The impact is undeniable.
With staffing shortages and strained administrative departments, our industry needs a reprieve. Using AI-driven automation, administrative tasks could become up to 80% more efficient. This monumental shift optimizes resources and redirects focus on patient well-being.
AI has also been a game-changer in diagnostics, raising accuracy levels by approximately 20% in some studies. In fact, a recent report indicates that AI-powered mammograms may detect breast cancer as effectively as experienced radiologists.4
The future is promising as predictive insights, fueled by AI, optimize resource allocation. Health systems can anticipate patient trends and allocate resources more effectively, and marketing teams will have more time to fine-tune outreach to physicians, patients, and partners.
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3MarketsandMarkets. (2023, January 1). “Artificial Intelligence (AI) in Healthcare Market Size, growth report analysis 2031.” Available at: <https://www.marketsandmarkets.com/Market-Reports/artificial-intelligence-healthcare-market-54679303.html>.
4Christensen, J. (2023). “Ai-supported Mammogram screening increases breast cancer detection by 20%, study finds.” CNN. Available at: <https://www.cnn.com/2023/08/01/health/ai-breast-cancer-detection/index.html>.