From numerous interviews Politico conducted with more than 20 leaders in health, technology and policy, as well as discussions at the recent Healthcare Information and Management Systems Society conference on AI in San Diego, it has become evident that the impact of AI on the healthcare industry’s financial performance is a primary concern.
The consensus among experts is that even AI solutions that enhance patient care and improve administrative systems must have a viable financial model. Several health systems informed the news outlet that their focus is on achieving cost savings through more precise coding of bills, thereby reducing their financial liability.
Meanwhile, insurers are emphasizing significant investments in AI, aiming to reduce their internal administrative expenses and detect fraudulent activities in the invoices they encounter.
“It feels like the perfect storm is approaching, where technology becomes a substantially valuable asset to the company when deployed effectively,” Craig Richardville, CIO of Salt Lake City-based Intermountain Health told Politico.
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
