Study Finds Vast Majority of Healthcare Technology Leaders Think AI Brings a Competitive Edge

Arcadia has announced in a new study that 96% of healthcare technology leaders “believe effectively leveraging AI provides a competitive edge. Additionally, 33% of surveyed decision-makers view AI as vital today, and that increases to 73% who think AI will be essential in the next five years.” GlobeNewswire has the release.

The research also revealed how healthcare leaders are using AI. 63% “say it can analyze large patient data sets to identify trends and create population health intervention strategies, 58% say AI can analyze individual patient data to identify opportunities to improve health outcomes, and 47% say AI can optimize the management and analysis of electronic health records.”

83% of health tech decision makers “agree that effectively harnessing data helps organizations stay competitive and resilient despite financial and digital transformation forces. Consequently, 84% say their organization’s current priorities are tech-related.” However, the study also found that “96% of health tech leaders are confident in adopting AI but feel pressured to act quickly. 82% say the heat comes from data and analytics teams, 78% feel pressure from IT and tech teams, and 73% cite urgency from executive leadership.”

Modern CIOs were also found in the study to often prioritize the short-term over the long-term, with 58% “primarily focused on tactical execution, with an emphasis on the day-to-day over long-term strategy development.”