AI in Healthcare and its Future

Abstract

Artificial intelligence (AI) in healthcare can improve patient care, enhance quality of life, lead to better discoveries in research, and explore new solutions to diseases. Artificial intelligence (AI) in healthcare can improve patient care, enhance quality of life, and lead to better discoveries in research, and explore new solutions to diseases. Today, our lifestyles, the global demographics, and our needs as individuals are rapidly changing and more people need healthcare than ever before. Healthcare costs are also becoming increasingly expensive and with increased demands and the technological developments, major changes in the healthcare value chain and business models are on their way to disrupt the healthcare system as we know it. The health insurance industry is facing many challenges such as privacy, increasing competition, rising costs, and an aging population. Artificial intelligence (AI) is increasingly being used to do risk assessments, determine premiums, prevent fraud, accelerate claims, prevent illnesses, and improve customer experience.