Use of AI in Healthcare Picking Up Momentum, Report Shows

Interest in artificial intelligence (AI) is soaring in the healthcare industry, according to a recent Optum survey of 500 US healthcare executives from hospitals, health plans, life sciences organizations, and pharmaceutical and device companies. The survey found an 88% increase this year in the number of healthcare leaders who said their organizations are implementing an AI strategy compared to 2018. Sixty-two percent of the respondents said they had implemented such a strategy, up from 33% last year. The average organization expected to invest $39.7 million in AI over the next 5 years ― $7.3 million more than was estimated last year, Optum found. Many respondents also anticipated a return on investment (ROI) in the near term.