Radiology Business March 18, 2024
Experts have developed a comprehensive calculator for assessing radiology artificial intelligence, which has demonstrated “substantial” return on investment at the five-year mark following implementation.
Researchers built the tool to help imaging leaders quantify comparative costs, estimated revenues and the value of using an AI platform at a U.S. hospital. They built parameters for the calculator through expert interviews and a review of literature related to imaging AI, according to research published March 16 in JACR [1].
Introducing AI into the hospital radiology workflow resulted in labor time reductions and delivery of ROI at 451% over a five-year period. Returns soared to 791% when also considering radiologist time savings.
“We demonstrate a substantial five-year ROI of implementing an AI platform in...