According to the report, there have been $20 billion in generative AI investments in the health sector, with most of the money funneling into AI that can aid clinicians, as well as life sciences.
Justin Norden, MD, partner at investment firm GSR Ventures and adjunct professor of medicine at Stanford (Calif.) University School of Medicine, told the publication that the lag is due to the fear healthcare has of adopting new technologies.
“Healthcare systems are like nuclear facilities. They don’t want to change. They need to keep running,” Dr. Norden told the publication. “There’s often fear of change and adopting new tools.”
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.