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The healthcare industry across the globe is going through a wave of accelerated growth today. With global spending on healthcare services expected to rise by an average of 5.3 percent from 2014 – 2017, there is unprecedented pressure on everyone involved to meet ever-rising expectations.
There is no universally agreed definition of AI. The term broadly refers to computing technologies that resemble processes associated with human intelligence, such as reasoning, learning and adaptation, sensory understanding, and interaction.
Today’s generic and biosimilar medicines industry includes a range of diverse companies that have become global leaders both in providing safe and effective FDA-approved medicines and in pioneering new treatment options for patients. Generic competition continues to play a vital role in improving access to pharmaceuticals and driving cost savings to American patients and the health care system.
Health information technology (IT) and digital health are transforming the way that health care is delivered, managed, and improved—while empowering individuals to more effectively manage their health and navigate an increasingly complex health care system.
While researching this topic, we uncovered a cohort of people who are finding ways to cut costs or are simply not paying for care at all. If hospitals and health systems continue to do nothing to help ease their financial burden, these underinsured or uninsured consumers will lose faith in our system and may stop using our services altogether.