As of 2022, generative AI in healthcare is valued at $1 billion, and according to the report, technology giants, venture capitalists and private equity firms will be the investors that contribute to the technology’s growth.
But is healthcare ready for generative AI’s growth? A survey from management consulting firm Bain & Co. said some of the technology’s main barriers include lack of resources, expertise and regulation.
The survey also said that generative AI in healthcare is “nascent” and “needs time to prove its efficacy and to earn public trust.”
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.