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The healthcare industry continues to witness how digital technologies are revolutionizing the ways patients seek assistance and how healthcare professionals provide care. Improving the patient experience in today’s digital age means exploring the opportunities and capabilities of artificial intelligence (AI), in order to simplify and expedite processes for both patients and companies in the healthcare industry.
AI is currently setting the pace in supporting the healthcare industry. The industry is recognizing its benefits and its potential, as evident by the rising investments companies have been making in recent years. Forbes reported that the global AI’s size in the healthcare market is forecasted to grow to $45.2 billion by 2026. CIOs are prioritizing AI investments for the next five years, according to Health Care IT News. Besides improving the overall patient experience, many companies in the industry are also experiencing another major benefit resulting from implementing AI applications: cost savings. It has been estimated, according to the National Library of Medicine, that AI applications could cut annual healthcare costs in the United States by $150 billion in 2026.
Utilizing the capabilities of AI has truly allowed the healthcare industry to provide care and assistance like never before. It’s also a win for patients, as AI-driven apps and devices continue to aid patients in pursuit of convenience and speed while receiving care. Let’s take a look at a few more ways AI is redefining healthcare:
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