Healthcare leaders look to boost AI investments

Seventy-three percent of healthcare leaders said they are increasing investments in AI, according to a new report from digital health company Define Ventures.

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Define Ventures gathered insights from more than 60 healthcare leaders, including C-suite executives and senior leaders from payers and providers, through detailed surveys and in-depth discussions conducted between July 30 and Nov. 4.

Here are five things to know from the report:

  1. Fifty-three percent of respondents said AI is a top priority right now.
  2. Most organizations (73%) have established governance structures to guide their AI efforts.
  3. The main priorities for these AI committees are identifying and prioritizing AI use cases (91%), creating ethics and safety guidelines (87%), and setting data policies (84%).
  4. For the next year, 76% of organizations plan to launch small AI pilot projects to test its impact before broader rollouts. Another 71% are working on identifying specific areas where AI can provide value.
  5. Sixty-four percent of leaders said they plan to work with external partners, while 51% aim to build AI capabilities in-house.

At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.

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