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Exploring the Role of AI Technologies in Reducing Administrative Costs within the Healthcare Sector
The American healthcare system involves many stakeholders, including doctors, patient care providers, administrative staff, and patients. Administrative costs make up a significant percentage—estimated between 15% and 30%—of total healthcare expenditure. This results in an annual expense of about $1 trillion. AI technologies are being implemented to improve operational workflows, cut costs, and enhance patient care. […]...
17 Oct 2024