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The integration of artificial intelligence (AI) in healthcare has ushered in a new era of innovation and efficiency. From increasing diagnostic accuracy to enabling personalized treatment plans, AI is revolutionizing the industry and improving patient outcomes. As technology advances, the synergy between AI and healthcare holds immense potential going forward, promising a brighter and healthier future for individuals around the world, and AI is indeed ushering us into the era of smart hospitals. Is helping to reach. Furthermore, technological advances in health care will also have a significant impact on the economy.
Health care has been impacted by AI in many ways. Simplifying administrative processes, where AI can automate difficult tasks like appointment scheduling, diagnosis coding and claims processing, will be one of the main components. This reduces administrative overhead costs and frees up staff time for patient care. Telemedicine and remote consultation have the potential to reduce patient travel time and health care facility utilization by facilitating virtual consultations using AI-powered telehealth platforms. Remote monitoring of chronic diseases reduces the need for unnecessary hospitalization and helps in early detection of the problem. Predictive analytics is as important as telemedicine. In this case, AI can analyze patient data to identify people who are at risk of developing chronic diseases. Quick action can improve health outcomes and avoid costly problems.
Robotic surgery has become increasingly common following the emergence of AI. It contributes to reducing medical costs through improvements in precise and minimally invasive procedures resulting in faster recovery and fewer complications, such as robotic-assisted operations. Additionally, AI is being used in personalized pharmaceuticals to analyze large-scale datasets to find promising drug candidates and improve the design of clinical trials. This can reduce expenses and speed up the manufacturing of new medicines. Notable advancements in AI-enabled gadgets and sensors that track patients’ health data in real-time, no matter where they are, include wearable technology and remote monitoring. This makes it possible for medical professionals to monitor chronic diseases and respond quickly, even in remote locations.
AI has also been key to other advancements in health care, such as chatbots called virtual health assistants. It is an automated chatbot that can take appointments, respond to patients’ inquiries and provide basic medical advice. For patients who struggle with transportation or scheduling, this can increase their access to information and care. AI can also translate medical data into other languages, facilitating better communication between medical professionals and patients who do not speak English well. AI-powered platforms can provide disease management plans and personalized health education, empowering people to take charge of their health. People who live in remote locations or who experience mental health-related stigma can access mental health care through AI-powered telehealth platforms.
The healthcare market in India is growing at a compound annual growth rate (CAGR) of approximately 22%. Growing population, increasing disposable income, and expanding health and wellness consciousness are some of the reasons driving this expansion. AI will support the expansion of health care by improving the health and productivity of workers, which are critical to a thriving economy. The health care industry contributes to a healthier and more productive workforce by increasing health care access and quality, increasing overall economic output. By providing early diagnosis and preventive care, it can potentially reduce health care expenses and reduce the burden of chronic diseases. As a result, families and individuals experience less financial hardship, saving money for other economic endeavors.
AI is also beneficial for entrepreneurship and creativity. Innovation and entrepreneurship are thriving in the health care industry, as new businesses emerge to create innovative goods, services, and technologies. As a result, there is a thriving ecosystem of inventions that fuel economic progress.
Despite its widespread impact on health care, AI is not without its problems. Data security and privacy will be a significant concern. The use of different electronic health record systems by different health care organizations can make data integration and exchange difficult. Cost is also a major hurdle as digitalisation and putting AI into practice can be expensive at first. Furthermore, people without digital literacy capabilities or access to technology will not be able to take advantage of AI-powered health care.
Digitization and AI are revolutionizing the health care industry and having a major impact on how doctors diagnose, treat, and monitor patient care. Along with other benefits, this will also have a big impact on the country’s economy.
AI integration into healthcare represents significant advancements in patient care, medical innovation, and efficiency. From simplifying administrative processes to transforming diagnosis and treatment, AI is having an undeniable impact on healthcare. The potential for further developments in drug discovery, remote monitoring and preventive care is enormous as we continue to harness the power of AI, offering a healthier and more promising future for people around the world. However, the revolutionary promise of AI in health care can be fully realized only with coordinated efforts to overcome these barriers to help society as a whole.
This article is written by H Sudarshan Ballal, Chairman, Manipal Hospitals.
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