What is Artificial Intelligence – what are the benefits of AI in healthcare?

With its incredible and vast potential, technology is pushing all boundaries to bring unimaginable innovations across various industries. Today, it is impressive to see the benefits of artificial intelligence in healthcare industry. 

Talking specifically about Artificial Intelligence, it is and will continue to transform the face of healthcare in the coming years.

Read More – Know the Reasons to Adopt Artificial Intelligence in Businesses

Of all the emerging technologies, Artificial Intelligence in healthcare industry is a major catalyst, that is changing the healthcare landscape.

How does AI help in healthcare? From prevention and diagnosis to managing medications and creating new drugs and medicines, this ground-breaking technology has already started assisting the healthcare workforce in addressing the rising demand for improved healthcare.

According to the WHO, there will be a shortage of 12.9 million people in the healthcare space by 2035, which is a matter of great concern.

This is where AI takes the center stage. With the help of AI tools and properties, the healthcare domain will experience a revolution that will eradicate many pressing issues like paucity of the workforce.

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What is AI? What are the benefits of AI in healthcare?

So, How does AI help in healthcare? Artificial Intelligence, is a word for intelligence displayed by machines. 

It’s the science of building computer systems that are equally intelligent as humans and possess the ability to perform functions without receiving instructions.

By using various algorithms, their decision-making abilities and the humongous amounts of data generated, these uber-advanced machines deliver impeccable solutions to a problem or requests.

Christened way back in 1956 by an American computer scientist, John McCarthy at the Dartmouth Conference said that artificial intelligence in healthcare industry is generating huge waves in the market. 

Thanks to the fast pace at which data is being churned. Almost any problem can be addressed through AI, be it food security or good health care – just name it.

Benefits of AI in healthcare

Artificial Intelligence in healthcare industry is it’s the new nervous system, as it is simplifying loads of tasks while bringing in higher efficiency in its various processes and solutions.

Augmenting activities of the workforce, AI plays a crucial role in healthcare as it is bringing vast improvements in the sector, and is experiencing massive popularity across the globe.

According to a report by Accenture, the AI health market is expected to grow exponentially, reaching a mark of $6.6 billion, by the year 2021, thus clocking a compounded annual growth rate of 40 percent.

By capitalizing on the new opportunities presented by AI, the healthcare sector is bracing up to weather the daunting challenges it is facing – digitalization and increasing costs of resources to name a few.

A peek into the benefits of artificial intelligence in the healthcare industry!

Research and analytics

AI is not just limited to comprehending instructions given by humans and then coming up with an appropriate solution or response. 

For instance, this cutting-edge technology has been used extensively in genomics for performing convoluted processes.

Oncology also witnessed its benefits, when it assisted in discovering various flaws in X-rays and MRIs. 

In medicines, Artificial Intelligence in healthcare industry has been instrumental in developing personalized treatments, keeping in mind the needs of patients.

Another suitable example is IBM’s smart cloud which is the home of Watson – a one-of-its-kind supercomputer system that gives answers to questions framed in natural language.

The innovations in AI and the

future of AI in healthcare has a major role to play in making this possible. 

Why? because this helped in processing complex chunks of patient data, making it possible for IBM Watson to provide treatment suggestions for those suffering from deadly diseases like cancer.

Virtual Assistant

With smartphones proliferating in every little space of the world, a number of people have virtual assistants installed in their devices.

Microsoft’s Cortana, Apple’s Siri and Google Now, are all supported by robust systems that are AI-equipped. The time is not far when there will be a personal assistant to fulfill the daily health needs of patients, thanks to Artificial Intelligence.

Healthcare apps backed by AI is a path-breaking invention as it will ensure seamless connectivity and hassle-free interaction between patients and the service providers, resulting in improved outcomes.

Healthcare Bots

Customer service is becoming better with the adoption of healthcare bots. A bot is a kind of application that is backed by AI, through which patients can talk with a chat window on a website or on the telephone to get help.

These are extremely helpful for scheduling appointments, giving and receiving medication and also get the billing done, in a hassle-free way.

Providing round-the-clock assistance for such requests, Healthcare Bots are becoming a new trend in customer service. A significant reduction in administrative costs is another major benefit of employing healthcare bots.  

Extended help

Services to treat patients suffering from critical diseases are not just limited to the hospital. Instead, care providers prefer being in constant connection with their patients, motivating them from time to time to bring positivity and happiness in their lives.

The problem here is that it costs a lot for hospitals. Adopting AI and making using the benefits of AI in healthcare through mobile apps enable care providers to continue offering such services to patients, without bearing any extra cost.

Building tailor-made experiences for different individuals, AI, as a life coach, ensures that patients are cared for, encouraged and provided feedback from time to time.

Given the flurry of benefits of AI in healthcare, AI is the Next Big thing in this space. 

The dynamic technology is being embraced by different industries, and its skyrocketing popularity is turning people and organizations more curious to understand the future of AI in healthcare and its adoption.

It can’t be called a recent innovation anymore as it has already started leading the game like a boss. AI is ubiquitous as it’s now present in our homes, offices and now in healthcare as well.

The race is on, and competitors are jumping into the arena, but only those who capture this technology in the right way will be able to ace it.