How Machine Intelligence is Saving Lives


Artificial intelligence is improving healthcare and changing the lives of patients. In 2019, the AI in the global healthcare market was valued at 2.4 billion and is projected to reach $31.02 billion in 2025.

AI can improve diagnostics and treatment as well as boost patient engagement and support administrative operations. For example, consider the fact that 80% of healthcare claims are flagged by insurers as incorrect or fraudulent. This means that the current process is quite time consuming. Natural language processing tools can help insurers detect issues in seconds, rather than days or months. In 2019, 72 percent of insurance executives said investing in AI is one of their top priorities.

Check out the visual below from the University of St. Augustine for Health Sciences to learn more about how AI is revolutionizing healthcare.



AI in Healthcare


Tags   •   Healthcare

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts

Recent Posts

Three Amazing Ways AI is Revolutionizing Healthcare - It may not seem like it was too long ago when the idea of artificial intelligence playing a major role…
How 5G is Going to Impact AI in Automation Within Telecom - During this webinar, an industry expert discussed how an automation project comes to life from the initial business problem through…
How Automation Projects Come to Life in Telecom - During this webinar, an industry expert discussed how an automation project comes to life from the initial business problem through…
The Future of AI in Marketing - During this webinar, industry experts discussed where AI in marketing was heading in the future. We’ve included a short transcription…
How AI Has Changed Marketing - During this webinar, industry experts discussed how AI has changed the marketing industry. We’ve included a short transcription of the…
Key Takeaways From Ai4 2020 - Artificial Intelligence Creates the Demand of Innovation, Autonomy, and Personalization Amidst a Crisis There is a seemingly quiet, yet enormous…
Computer Vision Versus Other ML Projects - During this webinar, industry experts discussed computer vision projects versus other machine learning projects within an enterprise setting. We’ve included…
Computer Vision in the Enterprise - During this webinar, industry experts discussed if computer vision computer is commonplace within enterprises that have machine learning models in…
How AI is Enabling Banks to Provide a Better User Experience - During this webinar, industry experts discussed how AI is enabling banks to provide a better user experience for having both…
Where AI is Interacting with Customers in Banking - During this webinar, industry experts discussed the main areas where AI is interacting with customers in banking. We’ve included a…

Popular Posts

Does Healthcare AI Meet Basic Ethics Principles? - Ingrid Vasiliu-Feltes Chief Quality and Innovation Officer MEDNAX, Health Solutions Partner Over the past decade we have noticed an exponential…
Machine Learning and Artificial Intelligence in Banking - Artit "Art" Wangperawong Distinguished Engineer US Bank Introduction Every company’s AI journey is different. We’re all trying to figure out…
Machine Learning for Pricing and Inventory Optimization @ Macy’s - Jolene Mork Senior Data Scientist Macy's Iain Stitt Data Scientist Macy's Bhagyesh Phanse VP, Data Science Macy's Overview In this…
Artificial Intelligence & Cybersecurity: Math Not Magic - Wayne Chung CTO FBI Introduction The field of cybersecurity has slowly progressed from an art to a science. It has…
AI/ML in Investment and Risk Management: Recent Applications, Use Cases, and Implementation Challenges - Arvind Rajan Managing Director - Head of Global & Macro PGIM Fixed Income Introduction Investing is a completely different ballgame…
Top AI Conferences - Interested in learning the latest in AI this year? We’ve compiled a list of the top artificial intelligence conferences in…
Machine Learning in Production: From Research to the Customer - Ameen Kazerouni Lead Data Scientist Zappos Overview In this presentation Ameen Kazerouni, the Lead Data Scientist at Zappos, walks through…
How COVID-19 is Impacting the State of AI in Banking - On this panel, industry experts (listed above) discussed The State of AI in Banking and how COVID-19 is affecting it.…
“Ask Me Anything” with Zappos’s Head of AI/ML Research & Platforms, Ameen Kazerouni - Ameen Kazerouni Head of AI/ML Research & Platforms Zappos Family of Companies Ai4 recently hosted an "Ask Me Anything" session…
The Autonomous Pharmacy: Applying AI and ML to Medication Management Across the Care Continuum - Ken Perez VP of Healthcare Policy Omnicell, Inc. Ken applies artificial intelligence (AI) and machine learning (ML) solutions to medication…