Four ways Artificial Intelligence can make healthcare more efficient and affordable

A home-based caregiver in a village near Kayar, Senegal, provides basic healthcare services, including malaria treatment for patients living in areas where there are no healthcare facilities. This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. To put this into context, the average waste per-person across the top 15 countries is 10-15 times more than the average amount spent by the bottom 50 countries on healthcare, who currently spend an average of around $120 per person. Even more concerning is the fact that the underlying reasons for this waste include preventable and rectifiable system inefficiencies such as care delivery failures, over-treatment, and improper care delivery. Technologies such as artificial intelligence (AI) can help minimise such inefficiencies, ensuring substantially more stream-lined and cost-effective health ecosystems.