NBER January 24, 2023
Nikhil Sahni, George Stein, Rodney Zemmel & David M. Cutler

The potential of artificial intelligence (AI) to simplify existing healthcare processes and create new, more efficient ones is a major topic of discussion in the industry. Yet healthcare lags other industries in AI adoption. In this paper, we estimate that wider adoption of AI could lead to savings of 5 to 10 percent in US healthcare spending—roughly $200 billion to $360 billion annually in 2019 dollars. These estimates are based on specific AI-enabled use cases that...

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Topics: AI (Artificial Intelligence), Healthcare System, Pricing / Spending, Survey / Study, Technology, Trends
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