Use artificial intelligence to transform the hospital supply chain

First came the promises and hype about artificial intelligence (AI) in healthcare. Then came its practical application in select areas such as imaging and population health. Now, machine learning (ML), a type of AI in which algorithms are continually refined as additional data makes them more predictive, is taking hold in supply chain management. The supply chain in hospitals hadn't received much attention from healthcare executives until recently, when narrowing margins has made driving efficiency in all aspects of hospital operations essential. Because it's highly complex, running both wide and deep, it can be hard for executives to grasp its importance and understand how to better manage it.