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Artificial Intelligence in Healthcare: Use of AI Automation for Faster Claims

Today's unprecedented increase in patient health data is forcing the medical field to evolve with new technologies for practical use. ...
Today's unprecedented increase in patient health data is forcing the medical field to evolve with new technologies for practical use. Are consumers and doctors themselves ready for such a long-awaited change, and how will they affect the improvement of the industry?

Use of AI Automation for Faster Claims

Artificial Intelligence in Healthcare: Use of AI Automation for Faster Claims

Artificial intelligence, which has the ability to actually make complex "intellectual" conclusions based on a huge amount of unprocessed human information about patients and their diseases, as well as treatment methods, is, in fact, a solution that can significantly accelerate and improve familiar processes.

Smart devices and robotics are gradually conquering the healthcare market: 63% of industry leaders around the world are already actively investing in AI technology, while 74% plan to do this, statistics say. The data that feeds the artificial intelligence systems is at the heart of modern health care, and as additional information becomes available, its application is updated and becomes a factual necessity.

Between 2010 and 2017, the number of patient data stored around the world increased by 700% (!), 91% of which is unstructured. These unstructured data so far represent accumulated information that is outside organized databases, such as electronic medical records and laboratory reports. But, if we can use the potential of this data, we can make patient care more efficient and economical than ever before, right?

The Global artificial intelligence study by PwC analyzed the potential impact of AI on each industry, showed that healthcare (along with retail and financial services) could make a huge leap in improving the quality of services through the use of intelligent technologies.

Providing better and more timely medical care, urgent diagnosis, eliminating errors in diagnosing diseases with constant fluctuations in the patient’s health data, preventing the development of a specific disease, improving the diagnosis of images in the field of radiology or pathology, more efficient variation among endless similar diagnoses, and also early detection of potential pandemics and monitoring of incidence in general (which can help prevent and control their spread), - this is only part of the benefits that the healthcare sector will receive by comprehensively resorting to artificial intelligence systems.

Intelligent medicine is already operational: some AI technologies that have already made life easier for doctors and patients

Convenient smart tools can replace the usual work of primary care physicians, freeing them time for more complex patient care. To this end, special online programs are being developed that collect data on the disease, monitor the dynamics of treatment and draw up a schedule and plan for subsequent patient care, eliminating the need for a doctor to visit the office.

According to an HRI survey, 42% of U.S. doctors confirmed their willingness to prescribe medications based on consumer-oriented diagnostic technologies and stated their confidence in innovative capabilities.

The extensive use of AI computer technology systems, in turn, can significantly save financial resources - for patients in particular. So, for example, researchers developing a testing device for otolaryngology suggest that the technology will exclude 780,000 visits (!) of the profile doctor per year, as a result of which about $95 million will be saved annually.

With the right work with the data, the high-quality accurate processing, analysis, and forecasting all of the accumulated medical information that is now available, is able to radically transform the healthcare industry. If this information continues to accumulate in the form in which it is stored and used now, there will be no progress, experts say.

Every year, statistics showing the disposition of society towards AI systems are growing, and the issue of introducing smart machines into medicine is just a matter of time. Therefore, those companies who jump into the market at this stage and develop the software applications for the AI will get the major market share and will lead the market development.

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TechGlobeX: Artificial Intelligence in Healthcare: Use of AI Automation for Faster Claims
Artificial Intelligence in Healthcare: Use of AI Automation for Faster Claims
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