Saving lives and improving health outcomes is arguably the most important business in the world. It’s a complex industry that spends almost 10 trillion dollars a year. The capacity for improvement, cost savings, and better patient care is immense.
Assessing data across stakeholders and sources can create huge benefits to everyone in the industry. AI in healthcare can play a major role in turning the large volume of data points into useful, quantitative outputs that yield actionable solutions. The huge volumes of data to manage, from IoT, financial data from providers and payers and patient information, makes the process more complex, but correctly used, machine learning can drive predictions that improve care, lower costs and save lives.