AI investment dollars: How much money healthcare organizations are pouring into new projects

Four report insights:.

” The pandemic opened the aperture for digital technologies such as AI to resolve issues and highlighted the value of AI,” the report states. “Even though the survey was fielded prior to the public health crisis, a few of the results and challenges that health care companies had in using AI prior to the pandemic will likely continue to be useful as health systems, health strategies, and pharmacy advantage managers develop their new AI investment methods.”.

Almost three out of 4 health care organizations expect increasing their expert system tech and software application financing this year, according to an Oct. 22 report from Deloitte.

Jackie Drees –
Wednesday, October 28th, 2020

Deloittes 2020 State of AI in the Enterprise Study examines how health care organizations are handling and adopting AI innovations in addition to benefits they have experienced. For the report, Deloitte surveyed healthcare companies about their AI preferences and investments; the study was performed prior to the COVID-19 pandemic.

1. Seventy-five percent of large health care organizations– with a yearly profits of more than $10 billion– invested more than $50 million in AI tasks and technologies.

2. About 95 percent of mid-size health care organizations– with a yearly profits of $5 billion to $10 billion– invested less than $50 million in AI projects and technologies.

3. Seventy-three percent of all the health care companies anticipate to increase their funding in 2020.

4. With AI investments, the top outcomes healthcare companies are wanting to accomplish are making procedures more efficient (34 percent), improving existing services and items (27 percent) and decreasing expenses (26 percent).

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