How Artificial Intelligence is Accelerating Innovation in Healthcare

Key takeaways:

• Artificial intelligence (AI) has an important role in the future of healthcare.
• AI technologies are evolving rapidly, with these powerful capabilities sparking immense excitement and curiosity while also raising valid questions and concerns.
• Download our new eBook where we take it all into consideration and examine key healthcare AI trends and use cases – all aimed at helping you understand the opportunities AI offers to improve the health of communities you serve.

Seems like everyone is talking about artificial intelligence (AI) across every industry, including healthcare – and rightly so. With its ability to parse through vast amounts of data, glean critical insights, build predictive models, improve diagnosis and treatment of diseases, optimize care delivery, streamline tasks and workflows, and more, many are enthusiastic and eager to explore AI’s potential to the fullest. 

As with any rapidly evolving technology, there are bound to be questions and concerns, and the world of healthcare AI is no different. What’s AI’s role? Where can it provide the most value? How will AI impact the healthcare workforce? How will it impact patients? How do we prepare providers and payers to deploy AI tools to their full potential, while still protecting individual rights and safety? The list goes on. 

Today, Premier released The Pulse of AI: The Future of Technology in Healthcare, an eBook that delves into these questions and the synergistic relationship between healthcare and AI. We wrote it to start meaningful dialogue in the healthcare industry, share our company’s point of view on this promising technology and, most importantly, shine a light on how AI tools can benefit providers and their patients, researchers and other healthcare stakeholders moving forward. 

Here are seven reasons to read it:

1. Discover how AI-powered clinical decision support (CDS) tools are enabling doctors to make timely, evidence-based decisions at the point of care while helping to reduce burnout, enhance the clinician experience and increase productivity.
2. See the successes of two health systems that implemented advanced AI analytics tools to streamline cumbersome hierarchical condition category (HCC) coding and clinical documentation processes, yielding higher-quality care at lower costs and more time for clinicians to interact with patients.
3. Learn about the combined power of real-world data (RWD) and natural language processing (NLP) technology and how they’re revolutionizing clinical trials, bridging access to breakthrough medical technology, and advancing early disease identification and intervention.
4. Understand the gravity of healthcare supply shortages and how predictive models, driven by robust data combined with machine learning (ML) are helping to identify potential shortages for specific medical products far in advance – with over 90 percent accuracy.
5. Get a glimpse into the economic impact healthcare inequities are having on the U.S. economy and how healthcare AI trained on RWD from actual hospital admissions can help inform solutions to address drivers of health and advance health equity into the future.
6. See how AI tools – including electronic prior authorization (ePA), robotic process automation (RPA) and accounts payable (AP) automation – are streamlining burdensome administrative tasks on both the clinical and non-clinical sides of healthcare, leading to greater efficiencies, better employee experiences and cost savings.
7. Get a look at a responsible roadmap for AI and learn about some steps being taken to support the thoughtful, appropriate creation and utilization of AI tools to ensure the technology continues to transform the healthcare landscape in profound ways.

At Premier, our mission is to improve the health of communities. It’s why we do the work we do and it’s our “why” behind healthcare AI. We believe it’s crucial for healthcare leaders to evaluate the opportunities and hurdles AI presents or risk facing a competitive disadvantage. The fact is, in healthcare, the pace of change has left providers no choice but to support efficiencies and augment intelligence with technology to deliver better outcomes. 

We’re here to help you use AI to its fullest in improving the health of the communities you serve. Get started with your copy of The Pulse of AI: The Future of Technology in Healthcare.

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Authors:

Leigh Anderson

Chief Operating Officer, Premier

Leigh has overall responsibility for Premier’s operations, growth and product innovation across both the Performance Services and Supply Chain Services agreements, including modernizing and tech-enabling supply chain products and services to support member needs for greater transparency, resiliency and automation of manual tasks.

Angela Lanning

ITS Chief Operating Officer, Premier

Angela specializes in clinical and financial comparative data for Premier’s healthcare informatics unit. She is responsible for the product strategy, product development, product implementation, customer support, training and data management for Premier’s quality and population health solutions.