CMS's Request for Information Provides Additional Signal That AI Will Revolutionize Healthcare

#artificialintelligence 

On October 22, 2019, the Centers for Medicare and Medicaid Services ("CMS") issued a Request for Information ("RFI") to obtain input on how CMS can utilize Artificial Intelligence ("AI") and other new technologies to improve its operations. CMS' objectives to leverage AI chiefly include identifying and preventing fraud, waste, and abuse. The RFI specifically states CMS' aim "to ensure proper claims payment, reduce provider burden, and overall, conduct program integrity activities in a more efficient manner." The RFI follows last month's White House Summit on Artificial Intelligence in Government, where over 175 government leaders and industry experts gathered to discuss how the Federal government can adopt AI "to achieve its mission and improve services to the American people." Advances in AI technologies have made the possibility of automated fraud detection at exponentially greater speed and scale a reality. A 2018 study by consulting firm McKinsey & Company estimated that machine learning could help US health insurance companies reduce fraud, waste, and abuse by $20-30 billion.

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