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A New World Of Healthcare: VBC And The Promise Of AI

Jan 16, 2024 - forbes.com
The article discusses the potential of artificial intelligence (AI) in transforming the healthcare sector, particularly in the context of Value-based care (VBC). AI can address the technology challenges of VBC, improve productivity and efficiency, identify appropriate care for populations and individuals, predict health risks and behaviors, and help design optimal benefits plans. However, the use of AI in healthcare also raises concerns about data security, quality data, and ethical use.

The author emphasizes that AI tools can help fill workforce gaps in healthcare by improving efficiency and reducing administrative burdens. They can also sort through vast amounts of health data to provide predictive and prescriptive insights, leading to better patient care and significant savings. Predictive models can identify potential health risks, enabling early intervention. Despite the benefits, the author warns about the risks associated with AI, including data security and protection, the need for quality data to avoid bias and errors, and the importance of ethical use. The author concludes that while AI will enhance healthcare, it will not replace the skills and knowledge of care providers, employers, and payers.

Key takeaways:

  • Artificial Intelligence (AI) has the potential to address the technology challenges of Value-based care (VBC) and empower healthcare’s transition from volume to value.
  • AI tools can improve efficiency and reduce administrative burdens for healthcare professionals, freeing up human resources to focus on patients’ needs.
  • AI can help in predicting health risks and behaviors, enabling early intervention and prevention, which are key in VBC.
  • While AI has numerous benefits, it is crucial to consider ethics and risks, ensuring data security, quality data to avoid bias and errors, and ethical use of AI tools.
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