ARTIFICIAL INTELLIGENCE'S POTENTIAL IN ENHANCING HOSPITAL PERFORMANCE

Artificial intelligence (AI) has emerged as a powerful tool with the potential to significantly improve hospital performance, including economic indicators. This review explores various ways AI can contribute to increased revenue, reduced costs, improved resource utilization, and enhanced financial...

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Bibliographic Details
Main Authors: Markovic, Biljana, Roncevic, Ante
Format: Conference Proceeding
Language:English
Subjects:
Artificial intelligence
Automation
Clinical outcomes
Cost control
Cost reduction
Early intervention
Economic indicators
Economics
Efficiency
Financial management
Fraud
Hospitals
Insurance claims
Medical coding
Optimization
Patient satisfaction
Preventive medicine
Resource utilization
Revenue
Solvency
Trends
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Summary:Artificial intelligence (AI) has emerged as a powerful tool with the potential to significantly improve hospital performance, including economic indicators. This review explores various ways AI can contribute to increased revenue, reduced costs, improved resource utilization, and enhanced financial health. Real-world examples showcase its application in revenue optimization, cost reduction, efficiency management, and financial solvency. However, attributing specific numerical results solely to AI implementations is challenging due to complex integrations, multifaceted performance measures, and variations in study designs. While concrete examples from Croatia are currently limited, the growing interest in AI within the Croatian government and academic research suggests future potential for its widespread adoption and impact on hospital performance in the country. As the field evolves, further research and transparency can solidify Aľs role in revolutionizing healthcare economics.
ISSN:1849-6903
1849-6903