Digital Health & AI Trends: AI is eating the doctor's office
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Enterprise EHR Foundation
Four in five doctors now report using AI in their professional practice in AMA’s recent survey. Almost all (94%) tell Doximity that they are either using AI now, or plan to. A BCBS study in maternal health reveals that hospital AI billing tools may be driving up healthcare costs by billions, as the technology suggests patients are more complex (higher risk) than can be found in practice.
Healthcare Analytics and Intelligence
Nvidia released a report on the state of AI in healthcare that finds the most popular use cases include drug discovery for pharma, administrative workflow for payers and providers, image analytics in diagnostics, and ambient scribes in digital health. A study on digital health and AI technologies in Europe finds the top three AI use cases for cost avoidance are clinical decision support (€252b), image analytics (€192b), behavioral health (€164b).
Consumer Health and Technology
Chatbots continue to be top of mind in consumer segments. Rock Health reports that chatbot use for health questions doubled since last year, with ChatGPT being the most used. Microsoft, meanwhile, unveiled Copilot Health and entered the personalized healthcare chatbot fray, hoping their key differentiator will be as an aggregator, bundling health features into existing Microsoft 365 subscriptions.
Stakeholders
In pharma-related news, CB Insights tracks which AI areas several top pharma firms are investing in, while FirstWord Pharma ranks the ten fastest growing drugs, which delivered $47 billion in growth last year. In health system news, the AHA provides insight on how hospital expenses rose last year, as a proposed cross-market merger between non-profit systems, Sutter and Allina Health, would create a $26 billion health system spanning three states.