As hospitals and health systems continue to deal with tighter margins, artificial intelligence could help cut costs by automating tasks such as complicated billing systems, the American Medical Association reported July 13.
Scott Hayworth, MD, senior vice president and chief physician liaison officer of Optum Health, told the publication that AI is going to help hospitals and health systems cut costs and will help improve throughput for pathology and radiology.
Grace Terrell, MD, chief product officer at IKS Health, which develops technology for healthcare organizations, echoed Dr. Hayworth's statement, saying AI will be a "massive disruptor" and proves to be a great way to save money.
"We could get rid of a lot of the healthcare costs if we had a less complicated billing system," Dr. Terrell told the publication. "We could get rid of a lot of burnout if we had ways of actually documenting coding, and being able to communicate our transactions that are not pajama time at night for most of our physicians."