Max Votek, co-founder and managing partner at Customertimes . getty High costs, long wait times and mixed patient outcomes pose a challenge for the U.S. healthcare system. But there’s good news—there’s a new treatment currently undergoing clinical trials that could help cure the sector’s issues and nurse it back to full strength: artificial intelligence (AI).
With the potential to take some of the burden off of overworked healthcare professionals, improve diagnostic and treatment accuracy and help develop powerful new drugs, the public is already opening its arms to AI in the hopes of a better future for healthcare. Making Healthcare More Affordable
The U.S. offers access to a wealth of top specialists and cutting-edge treatments, but quality care is often a luxury available exclusively to those who can afford it. Although 92% of the U.S. population now has some form of healthcare insurance, plans are often limited in what they cover and patients are at the mercy of insurers, who decide whether a recommended treatment is necessary.
Likewise, affordability poses a problem even for many of those with coverage, with 37% of surveyed adults admitting they or a family member has recently delayed or skipped treatment due to cost—going without vital treatments and medications that would improve their quality of life.
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Our research of 2,000 Americans revealed that affordability is among the primary issues that the public believes AI will address, with one in four confident it will cut the costs of healthcare—and the early signs are certainly promising. For many low-income individuals who may not be able to afford a doctor’s visit, rather than putting off treatment, they could visit a virtual doctor powered by an advanced large language model (LLM). Supplied with the patient’s symptoms and historical medical records, algorithms can pinpoint the likely issue and suggest the best course of action, saving patients on initial consultation costs. It’s estimated that AI for medical […]
Is Artificial Intelligence The Cure For Healthcare’s Chronic Problems?