Artificial intelligence is advancing rapidly and poised to change the status quo in any number of industries, including healthcare. A recent report by Frost & Sullivan predicts the AI market in healthcare will reach $6 billion by 2021, up from just $600 million two years ago.
With the shift to a value-based reimbursement model, ushered in with the Affordable Care Act, hospitals and providers are looking for new ways to increase efficiencies and improve patient outcomes. Cognitive solutions such as IBM’s Watson system can assess huge amounts of patient data, provide guidance and decision support, and improve clinical workflow.
The goal is to support the physician, not replace him or her, said Anil Jain, vice president of IBM’s Watson Health and an internist and medical informatics specialist at the Cleveland Clinic.
Watson is currently partnering with about 30 companies and institutions to create additional levels of specialization for its basic software platform. Here’s a look at some of the ways AI is being used to affect practice management and care services.Read More On www.healthcaredive.com
Categories Artificial intelligence & Robotics