AI in Healthcare and Its 9 Benefits: complete Guidance
Table of Contents
The healthcare sector is being revolutionized by the rapid development of artificial intelligence (AI), which has the potential to enhance efficiency, accuracy, and patient satisfaction. AI in Healthcare is making strides in various aspects of healthcare domains. AI is one of the best uses of medical imaging analysis. AI algorithms can process a vast number of medical images, including X-rays, CT scans, and mammograms, with exceptional precision. This helps to detect diseases like cancer early and make better treatment decisions. AI is proving to be a valuable tool for drug discovery and development. AI can help identify drug candidates and forecast their efficacy by analyzing large datasets of genetic information, chemical structures, and clinical trials. The time and cost of introducing new drugs to the market can be greatly reduced.
In this article, we will examine the advantages of AI in the healthcare sector, investigating how AI technology is transforming patient care, enhancing the efficiency of health systems, and promoting improved patient outcomes.
Some of the Benefits of AI in Healthcare
Profit Generation in Health Systems:
A common myth about AI in healthcare is that it doesn’t have financial benefits because there’s no payor reimbursement. That’s a too simplistic view. There is currently no direct reimbursement for AI-assisted care, but hospitals are reimbursed for services that rely on these technologies. The value of AI is its Return on Investment (ROI). AI-assisted physicians and health systems can find new revenue streams through clinically-appropriate interventions, including incidental findings and patient retention.
Maximizing Value
Every interaction with a patient provides health systems with a chance to make a positive impact. Patient retention is becoming increasingly crucial, possibly even more so than patient acquisition. Whether operating under value-based or fee-for-service models, health systems that utilize a connected intelligence system can take advantage of predictive and personalized treatment plans, which can improve disease awareness and resource efficiencies. This, in turn, can help with patient retention and maximize opportunities for patient care
Implementing enterprise-wide AI can:
| Improve clinical efficiency to minimize costs and reduce waste. |
| Identify misdiagnoses or incidental findings, leading to timely interventions. |
| Manage patient monitoring and follow-up to enhance retention. |
Personalize patient care:
One significant advantage of AI in healthcare sector is its capacity to enhance individualized patient care. To enable healthcare facilities to tailor treatment plans more effectively, the implementation of an AI platform that is image- and report-based is essential. Through the integration of natural language processing (NLP) with image-based AI algorithms, patients can be swiftly directed to the appropriate care teams for timely decision-making via mobile and desktop applications.
Reduction in Duration of Hospitalization:
AI in healthcare is of utmost importance in the healthcare sector at present. Health systems that persist in depending solely on human decisions are lagging. According to the AHA, postponed discharges resulted in a 19% rise in patient length of stay, despite reductions in patient numbers in both the emergency department and the operating room. Conversely, a study conducted by Cedars-Sinai revealed that the implementation of AI triaging software led to a reduction of 11.9% and 26.3% in the length of stay for patients with intracranial hemorrhage and pulmonary embolism, respectively.
Convert Data Into Practical Intelligence:
Artificial intelligence allows hospitals to operate more efficiently by utilizing the resources at their disposal. By gathering data from various sources and transforming it into useful insights, healthcare teams can leverage AI to improve their treatment strategies.
Improved Patient Retention
Although there might not be a clear cause-and-effect connection between heightened disease awareness, which includes unexpected findings, and a rise in hospital revenue, a decrease in missed patients in emergency departments and outpatient centers leads to an increase in patient admissions eligible for DRG payments. Aidoc’s AI solutions at partner facilities have contributed to the growth in admissions, the implementation of advanced interventions, and the retention of patients requiring long-term monitoring and intervention for various conditions
There was a 12% rise in intracranial hemorrhage cases at Unfallkrankenhaus Berlin (UKB), a 16% increase in pulmonary embolism cases at Envision Healthcare, and a 5% increase in C-spine fracture cases at Lahey Medical Center.
Minimize Employee Exhaustion:
AI in healthcare plays a crucial role in alleviating staff burnout, a significant challenge in the healthcare industry. As patient volumes increase and workforces decrease, staff burnout continues to be a major concern for health systems. AI addresses this issue by efficiently allocating resources, ensuring that emergent conditions are promptly addressed at each patient interaction. It is essential to make the most out of limited resources, and AI helps achieve this goal effectively.
Enhance Coordination Among Care Team Members:
Healthcare AI offers an additional benefit by enhancing team-based workflows. For instance, the pulmonary embolism response team (PERT) at Yale New Haven Health has leveraged Aidoc to streamline communication among PERT members, facilitating faster and improved patient treatment, comprehensive notifications at Yale’s PERT center at the time of diagnosis, and increased collaboration between the hub and spoke facilities.
Assisting in Enhancing Patient Results:
AI in healthcare offers a significant advantage in enhancing patient outcomes. This advantage can be seen in various ways, such as reducing the length of stay for patients with intracranial hemorrhage and pulmonary embolism, as well as decreasing the time to admission, as shown in the infographic below. The hypothetical patient workflow depicted in the infographic highlights the benefits of utilizing AI in a hospital setting compared to not using AI.
Don’t miss out. Follow us on Facebook for all our latest updates.
How many of you are interested in watching movies? Here are the Latest 5 amazing Nepali movies.
Final Thoughts
AI in Medical is changing the healthcare industry by providing a range of benefits. AI has the potential to revolutionize healthcare delivery, whether it’s improving patient care and decreasing hospital stays, or increasing revenue and reducing employee burnout. AI technology will continue to evolve and impact healthcare, leading to better patient outcomes, more efficient healthcare systems, and a healthier population.
