How To Cut Billions in Needless Healthcare Costs Change Healthcare

On a clinical level, American healthcare is arguably the most advanced in the world, powered by science and technology and guided by skilled and dedicated medical professionals. But the healthcare system itself is inefficient, byzantine, and often wildly expensive, due in large part to systemic inefficiencies that result in vast waste. "The National Academy of Sciences/Institute of Medicine (IOM) issued a report a few years ago that said about 30% of our healthcare spending does nothing directly to help patients--and, in fact, can often harm them, which isn't sustainable," says Gregory Moore, Vice President of Healthcare for Google Cloud. "If we took half of that out of the system, we'd solve much of the healthcare spend issue for the U.S." Artificial intelligence (AI) is being hyped as the next big thing for, well, nearly everything, and healthcare is no exception. It has already shown promise as a clinical tool, and experts believe it is one of the keys to containing runaway costs in the healthcare system.