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Every aspect of life is influenced by digital tools today. Artificial intelligence, or Ai, is a step forward from this. AI has the potential to transform the way we function as human beings in profound ways. Machine learning and IoT solutions illustrate this.

The same is true for healthcare. The use of robotic-assisted surgery, for instance, has significantly improved patient recovery and reduced surgery risks. Medical diagnosis and the science of medicine itself have leapfrogged, thanks to Artificial Intelligence that has broken previously existing limitations and provided laboratories, radiologists, pathologists, doctors and specialists with a powerful new and powerful means of arriving at an accurate diagnosis for patients and then establishing a recovery plan with clarity and better outcomes.

Globally, there is a growing demand for healthcare professionals. Healthcare institutions and hospitals are constantly fighting to bridge the demand-supply gap for quality healthcare services due to an increasingly short supply of doctors and healthcare professionals. Patients are also increasingly expecting holistic healthcare services. Today more than ever, the healthcare segment is realizing the importance of AI powered tools and technology to bring about significant transformations.

It is estimated that AI applications can cut annual healthcare costs in the USA by $150 billion by 2026. This is because an AI-based healthcare approach enables a significant change in the healthcare model from a reactive to a proactive approach. Better clarity and early diagnosis imply higher patient recovery, fewer hospitalizations, fewer doctor visits and significant cost savings for treatments. Besides, Ai powered technology in healthcare plays an important role in ensuring people stay healthy by developing a culture of continuous screening, monitoring, arriving at informed decisions through insightful patient data and quick follow-ups.

How AI is shaping medicare industry...