Healthcare leaders are showing confidence and investment in artificial intelligence (AI) to improve care, according to the second OptumIQ Annual Survey on AI in Healthcare. The findings showed a radical jump from last year's survey in respondents (88 percent) who say their organizations or businesses have a strategy in place and have implemented AI into their care. Respondents also said their organizations plan to invest an average of $39.7 million over the next five years into the technology. "These findings validate that AI is vital to holistically transform health care," says Dan Schumacher, president and chief operating officer of Optum, a health services business. "It's encouraging to see executives' growing trust in, and adoption of, AI to make data more actionable in making the health system work better for everyone. Working together, I am confident we can improve the quality, experiences and reduce the total cost of health care in meaningful, sustainable ways."
Microsoft UK has reported an "encouraging increase" in the use of artificial intelligence (AI) technologies in healthcare. In a survey of the use of AI in UK industry, 46% of healthcare leaders reported their organisation used the technology in some capacity, reflecting an 8% increase compared to 2018. The biggest growth areas reported were research-level AI, which grew 13% in the past 12 months. Robot process automation (RPA) and general automation both increased by 10%, while the use of voice recognition technology increased by 9%. The study, conducted by YouGov, included the input of some 1,000 business leaders and 4,000 employees.
In India whenever a person is detected facing medical conditions, most of them are likely to dodge the treatment process either due to the inability of fulfilling the demanded expenses or due to lack of time to complete the treatment. However, this practice is about to change with the help of artificial intelligence. The concept is becoming a fundamental component of the healthcare business globally. Multiple healthcare startups are started in the past several years and even some have come out with AI equipment to filter the condition through non-invasive methods with great accuracy in a couple of minutes. By combining medical sciences and computer engineering, self-dependent tools are developed which are capable of catching anomalies that even a human eye can miss.
Trust in artificial intelligence technology is rising sharply across healthcare, with many leaders predicting tangible cost savings in under three years. WHY IT MATTERS That's boosting investment in AI systems, according to a new Optum survey of 500 U.S. health industry leaders from hospitals, health plans, life sciences and employers, which also found 22 percent of respondents are in the late stages of AI strategy implementation. The study found revealed a nearly 90 percent increase in the number of respondents who said their organizations have a strategy in place and have implemented AI, with an average investment of just under $40 million over the next five years. Administrative process improvements top the list of investment priorities, led by technologies to help automate business processes like administrative tasks or customer service. Artificial intelligence is also expected to boost job growth and expand employment opportunities, according to survey respondents, although training in AI is seen as a stumbling block – nearly nine in 10 respondents said AI training is not happening fast enough.
Change Healthcare, announced that its artificial intelligence (AI) technology has been added to the CareSelect Imaging decision support solution. The new AI capabilities will help healthcare providers using leading electronic health record (EHR) systems enhance workflow efficiency, improve patient safety, provide higher-value care, and meet pending regulatory requirements. CareSelect Imaging now uses Change Healthcare AI in EHR workflow to help physicians streamline imaging orders. In addition, it helps providers comply with new Protecting Access to Medicare Act (PAMA) requirements governing advanced imaging ordered under Medicare Part B. "Bringing Change Healthcare AI to CareSelect Imaging helps providers ensure they're delivering the highest quality, most appropriate care, while reducing their administrative and regulatory burdens through advanced automation," said Michael Mardini, CEO of National Decision Support Company, a Change Healthcare Company. "This is a perfect example of how strategic applications of AI will continue to improve healthcare processes and benefit all stakeholders."
The Mabu robot, with its small yellow body and friendly expression, serves, literally, as the face of the care management startup Catalia Health. The most innovative part of the company's solution, however, lies behind Mabu's large blue eyes. Catalia Health's software incorporates expertise in psychology, artificial intelligence, and medical treatment plans to help patients manage their chronic conditions. The result is a sophisticated robot companion that uses daily conversations to give patients tips, medication reminders, and information on their condition while relaying relevant data to care providers. The information exchange can also take place on patients' mobile phones.
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.
ORLANDO, Fla.--(BUSINESS WIRE)--HIMSS19 Booth 3679--Change Healthcare today announced Claims Lifecycle Artificial Intelligence, a new capability being integrated into the company's Intelligent Healthcare NetworkTM and financial solutions, to help providers and payers optimize the entire claims processing lifecycle. This Change Healthcare Claims Lifecycle AI service is trained on more than 500 million service lines making up over 205 million unique claims that touch $268 billion in charges. Solutions and services across the Change Healthcare portfolio are using artificial intelligence (AI) to help customers with improving payment accuracy, reducing denials, enhancing payment forecasting, and reducing administrative overhead. "Our strategy is to bring AI capabilities to the entire healthcare financial and administrative ecosystem, and claims lifecycle management is the logical place to start," said Nick Giannasi, Ph.D., chief AI officer, Change Healthcare. "We're using AI to bend the cost/quality curve of healthcare. By applying AI to our Intelligent Healthcare Network data, combined with our pervasive presence in payer and provider workflows, we are delivering new health IT solutions that help customers address the financial pressures from healthcare costs in ways not previously possible. Applying AI will transform the claims lifecycle process."
Today, Amazon Web Services (AWS) announced that Amazon Textract, a machine learning service that quickly and easily extracts text and data from scanned documents is now eligible for healthcare workloads that require HIPAA certification. This launch builds upon the existing portfolio of AWS artificial intelligence services that are HIPAA-eligible, including Amazon Translate, Amazon Comprehend, Amazon Transcribe, Amazon Polly, Amazon SageMaker and Amazon Rekognition – that help deliver better healthcare outcomes. Healthcare providers routinely extract text and data from documents such as medical records and forms through manual data entry or simple optical character recognition (OCR) software. This is a time-consuming and often inaccurate process that produces outputs requiring extensive post-processing before it can be used by other applications. What organizations want instead is the ability to accurately identify and extract text and data from forms and tables in documents of any format and from a variety of file types and templates.
Top photos are courtesy of Tampa General Hospital in Tampa, Florida, and feature Andy Day, GE Healthcare's Chief Tile Designer of Clinical Command Centers. Bottom photo is courtesy of Humber River Hospital, Toronto, Canada, a leading partner in command center innovation. When the world rallied around the celebration of the Apollo 11 anniversary this past July, another moonshot was unfolding to somewhat less fanfare not far from where NASA launched Apollo at the Kennedy Space Center – a medical moonshot. Two Florida hospitals, Tampa General Hospital and AdventHealth Orlando, launched mission control-like centers to serve as the nerve-center of their hospitals. Surrounded by big screens, monitors and flashing lights – all meant to help staff across the hospital coordinate care, drive efficiency and improve the way patients move around the hospital – those who were there could be forgiven for thinking they had stepped into a NASA control center.