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The bean counters are onto AI
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Rising health care costs are busting government budgets across the land.
California is looking to artificial intelligence to keep costs in line, reports POLITICO’s Rachel Bluth from Sacramento.
“Administrative simplicity and cutting waste is something to focus on” with AI, said Dr. Sandra R. Hernández, president and CEO of the nonprofit California Health Care Foundation, at a recent meeting of the state’s Health Care Affordability Board, which sets state spending targets.
Why it matters: AI could alter the state’s estimates of how much health care spending is growing.
A nationwide study last year figured that AI could save between $200 billion and $300 billion annually.
In California, that would equate to between $20 billion and $41 billion in savings, around...
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