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Healthcare AI investment will shift to these 5 areas in the next two years: survey

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To date, artificial intelligence technology has proved its value in reducing errors and improving medical outcomes for patients, according to healthcare executives. AI investments will likely shift over the next two years. (monsitj/Getty Images) The COVID-19 pandemic has accelerated the pace of artificial intelligence adoption, and healthcare leaders are confident AI can help solve some of today’s toughest challenges, including COVID-19 tracking and vaccines.

The majority of healthcare and life sciences executives (82%) want to see their organizations more aggressively adopt AI technology, according to a new survey from KPMG, an audit, tax and advisory services firm.

Close to two-thirds of healthcare executives (62%) report that AI initiatives have delivered strong value for their organizations. However, life sciences companies seem to be struggling to recognize AI’s full potential: 28% of executives reported that the technology has delivered less value than what was promised.

As the U.S. continues to navigate the pandemic, healthcare business leaders are overwhelmingly confident in AI’s ability to monitor the spread of COVID-19 cases (94%), help with vaccine development (90%) and aid vaccine distribution (90%).

KPMG’s AI survey is based on feedback from 950 business or IT decision-makers across seven industries, with 100 respondents each from healthcare and life sciences […]

Click here to view original web page at www.fiercehealthcare.com

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