{"id":9831,"date":"2023-10-23T18:07:06","date_gmt":"2023-10-23T12:37:06","guid":{"rendered":"https:\/\/47billion.com\/?p=9831"},"modified":"2024-12-23T05:18:04","modified_gmt":"2024-12-23T05:18:04","slug":"how-generative-ai-is-reshaping-the-healthcare-industry","status":"publish","type":"post","link":"https:\/\/47billion.com\/blog\/how-generative-ai-is-reshaping-the-healthcare-industry\/","title":{"rendered":"How Generative AI is reshaping the Healthcare Industry?"},"content":{"rendered":"\n

In April, at a convention center in Chicago, thousands of attendees watched as a new generative AI (gen AI) technology, enabled by GPT-4. It modeled how a healthcare clinician might use new platforms to turn a patient interaction into clinician notes in seconds.\u202f <\/p>\n\n\n\n

The application adds the patient’s information in real-time, identifying gaps and prompting the clinician to fill them in. This effectively turns the dictation into a structured note with conversational language that the clinician can review. <\/p>\n\n\n\n

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Gen AI is becoming a meaningful tool that helps unlock a piece of the unrealized $1 trillion of improvement potential in the industry.<\/mark>\u202f  <\/p>\n<\/blockquote>\n\n\n\n

Generative AI relies on deep-learning algorithms to create new content such as text, audio, code, etc. It can take unstructured data sets that is the information not organized according to a preset model and analyze them, representing a potential breakthrough for healthcare operations rich in unstructured data such as clinical notes, diagnostic images, medical charts, and recordings. These unstructured datasets can be used independently or combined with large, structured data sets like insurance claims.\u202f <\/p>\n\n\n\n

\u202fLike clinician documentation, several cases of generative AI in healthcare are emerging. Generative AI unlocks potential by automating tedious and error-prone operation work, by bringing years of clinical data to a clinician’s fingertips in seconds, and modernizing health systems infrastructure.\u202f <\/p>\n\n\n\n

To realize that potential, healthcare stakeholders should consider integrating these models into their existing analytics and AI road maps and identify risks in implementing them. <\/p>\n\n\n\n

Let’s explore the primary use cases in the healthcare industry \u2013<\/strong> <\/p>\n\n\n\n

Payers \u2013\u202f<\/strong> <\/p>\n\n\n\n

Today, consumers demand personalized and convenient services from their health insurance companies. Generative AI can help private payers’ operations perform efficiently while providing better services to patients and customers. <\/p>\n\n\n\n