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Artificial Intelligence (AI) Impact on Healthcare


Affiliations
1 Savitribai Phule Pune University, Institute of Business Management & Rural Development - I.B.M.R.D, India
 

Artificial Intelligence (AI) in healthcare is revolutionizing the healthcare industry by providing improved health outcomes and quality of life by reducing costs. This research paper highlights, the impact of Artificial Intelligence in the health sector from multiple dimensions including Patient care, Diagnostics, Finance, Marketing and clinical trials. Ability of a machine work similar to human intellect is known as Artificial Intelligence (Merriam-Webster, 2017). Role of Artificial Intelligence is very important in pandemic situations & in countries which are still developing where access to clinical expertise is limited & travel for medical treatment is not a feasible solution always. This research aimed to identify the benefits of AI and how those benefits can be optimized to improve health outcomes by reducing cost and human efforts. The study also gives an insight into the challenges faced by organisations while implementing AI in healthcare such as - the shortage of healthcare professionals and increased spending as major challenges. The research methodology used for this study was objective to understand the areas of AI implementation. The researcher carried out an exploratory study with a detailed literature study.Use of AI in the healthcare can significantly improve decision-making quality and automation will reduce the effort and manpower which will eventually result in better health services at a minimized cost. Better data-driven decision-making with the help of AI in both clinical as well as other fields of healthcare can give excellent results.

Keywords

Artificial Intelligence (AI), Healthcare, Decision Making, AI Applications
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Abstract Views: 6

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  • Artificial Intelligence (AI) Impact on Healthcare

Abstract Views: 6  |  PDF Views: 5

Authors

Swapnil Narake
Savitribai Phule Pune University, Institute of Business Management & Rural Development - I.B.M.R.D, India

Abstract


Artificial Intelligence (AI) in healthcare is revolutionizing the healthcare industry by providing improved health outcomes and quality of life by reducing costs. This research paper highlights, the impact of Artificial Intelligence in the health sector from multiple dimensions including Patient care, Diagnostics, Finance, Marketing and clinical trials. Ability of a machine work similar to human intellect is known as Artificial Intelligence (Merriam-Webster, 2017). Role of Artificial Intelligence is very important in pandemic situations & in countries which are still developing where access to clinical expertise is limited & travel for medical treatment is not a feasible solution always. This research aimed to identify the benefits of AI and how those benefits can be optimized to improve health outcomes by reducing cost and human efforts. The study also gives an insight into the challenges faced by organisations while implementing AI in healthcare such as - the shortage of healthcare professionals and increased spending as major challenges. The research methodology used for this study was objective to understand the areas of AI implementation. The researcher carried out an exploratory study with a detailed literature study.Use of AI in the healthcare can significantly improve decision-making quality and automation will reduce the effort and manpower which will eventually result in better health services at a minimized cost. Better data-driven decision-making with the help of AI in both clinical as well as other fields of healthcare can give excellent results.

Keywords


Artificial Intelligence (AI), Healthcare, Decision Making, AI Applications

References





DOI: https://doi.org/10.17697/ibmrd%2F2022%2Fv11i2%2F172619