This paper explores the implementation and potential benefits of AI applications within the healthcare industry, focusing on how these technologies can transform healthcare management and patient care through various value propositions. 1️⃣ It identifies and categorizes 15 business objectives across six main value propositions: risk-reduced patient care, advanced patient care, self-management, process acceleration, resource optimization, and knowledge discovery. 2️⃣ The study underlines AI's role in advancing healthcare by providing insights into how AI applications can contribute to strategic healthcare management, support decision-making processes, and improve patient outcomes. 3️⃣ The paper provides a comprehensive framework for healthcare organizations to assess the potential impact and value of AI technologies in their operations, emphasizing the importance of aligning AI strategies with broader organizational goals. ✍🏻 Jasmin Hennrich, Eva Ritz, Peter Hofmann, Nils Urbach. Capturing artificial intelligence applications’ value proposition in healthcare – a qualitative research study. BMC Health Serv Res 24, 420 (2024). DOI: 10.1186/s12913-024-10894-4 💡 It is imperative for healthcare organizations to invest in AI technologies strategically, ensuring that such investments are aligned with their overall goals to improve patient outcomes and operational efficiency. This study provides a solid foundation for healthcare professionals and organizations to understand the multifaceted value propositions of AI, encouraging them to adopt AI-driven solutions in a way that maximizes their potential benefits while addressing challenges such as data privacy, ethical considerations, and the need for robust, interpretable AI models. ✅ Join our community of 30.000 curious minds 💥 Subscribe to our newsletter for your front-row seat to the latest groundbreaking studies. Get started here: https://lnkd.in/eR7qichj.
Mostly sensible BUT why not weed out the excessive data collecting instead of forcing overworked clinical staff to spend way too much time doing this? Why not streamline processes so that insurance companies and providers aren’t fighting each other instead of cooperating? Why not consider the overall cost effectiveness of everything, from prevention to (over)treatment into the last weeks of life(no matter what you “do”). Why not consider massive debts by patients and govs, and for future generations, damaged climate, pollution and so on. Your optimistic “optimizations” rarely consider the big picture. Why does one QALY now cost nearly $100,000 in the USA vs under $100 in some countries - for EXACTLY the same thing, ONE FULL YEAR OF A HUMAN LIFE? You will not like the answers ai will provide I fear, even though they’re already quite obvious.
I am very pleased about the interest in our cross-organizational research project. It confirms my belief in the need to strengthen the exchange between research and industry (from both sides). Thank you, for making it possible Universität Bayreuth, Universität St.Gallen (HSG), appliedAI Initiative GmbH, Research Lab for Digital Innovation & Transformation, Fraunhofer-Institut für Angewandte Informationstechnik FIT, and FIM Forschungsinstitut für Informationsmanagement
This is a fascinating exploration of AI's role in healthcare! It's particularly interesting how the paper categorizes business objectives to harness AI's potential effectively. While AI can indeed streamline and enhance facets of healthcare, equating technological adoption with a cure-all for the sector's complex challenges could overshadow critical ethical and privacy concerns. Balancing innovation with a conscientious application ensures that AI tools not only advance healthcare but do so in ways that preserve and promote patient trust and care quality. Thank you for sharing Jan!
“Potential” being the operative word, but so far not actual
I wish LinkedIn had a 10X Insightful icon for this paper, thank you ... a great read with my Saturday morning coffee.
Exciting insights into the potential of AI in healthcare! Can't wait to see how it transforms patient care.
Líder Lab. del futuro de los negocios | forma parte del Centro de Evolución Digital | Hub Transf. Digital en EGADE del Tec. de Monterey l. Autor Homo Singulatis: la evolución del ingenio y la IA (I ed. 2015 -2da 2017).
8moVery good Info Thanks.