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medically Reviewed: Dr Gideon Kwok

Image Credit: Canva

Key Takeaways

  • Embracing AI in healthcare can lead to better patient care outcomes, with faster and more accurate diagnoses.
  • Personalized care plans tailored to individual health data can improve treatment effectiveness.
  • Investing in AI now can result in long-term savings by reducing the need for frequent doctor visits and medical procedures.
  • AI drives innovation in healthcare technology, benefitting both patients and healthcare providers.
  • As AI technology becomes more integrated and widespread, costs are expected to decrease, making healthcare more accessible to all.

Introduction

Imagine a scene from a sci-fi movie, where technology seamlessly blends with everyday life. Picture a world where AI algorithms work hand in hand with healthcare professionals, ensuring accurate diagnoses and personalized treatment plans. This futuristic vision is more plausible than it seems. In today’s rapidly evolving healthcare landscape, AI is poised to revolutionize patient care, offering a glimpse into a future where healthcare is not only more efficient but also more affordable.

Exploring the Impact of AI on Healthcare Costs:

The question of whether patients will have to pay to use AI in their healthcare is a pertinent one. With the increasing adoption of AI in healthcare, there is a growing concern about its impact on healthcare costs. However, the answer is not as straightforward as a yes or no.


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Will patients have to pay to use AI in their healthcare?

In a healthcare landscape that is diverse and complex, the cost implications of AI adoption vary. For instance, AI algorithms that provide accurate analysis at a fraction of the cost of traditional methods offer a cost-effective option for patients. By leveraging AI, patients can benefit from faster diagnoses and more efficient treatments, ultimately saving time, discomfort, and money.

Will healthcare become cheaper or more expensive?

However, investing in AI as patient care can be a good option, even if the upfront cost may be a bit higher now. (Here’s why)

  • Better Outcomes: AI can boost the accuracy and speed of diagnoses. Early detection often means more straightforward, more effective treatments, saving you time, discomfort, and money.
  • Personalized Care: AI can use your health data to customize care plans, making treatments more effective and easier.
  • Long-term Savings: While there may be an upfront cost, consider this an investment in your health’s future. Managing chronic conditions with AI could reduce frequent doctor visits and costly medical procedures.
  • Driving Innovation: Your investment in AI benefits you and contributes to advancements in healthcare technology.
  • Accessibility: Costs might drop as AI tech gets integrated and widely used.

The Role of Telehealth in Healthcare Delivery

In recent years, telehealth has emerged as a vital component of modern healthcare delivery. With telehealth appointments and telemedicine services, patients can access medical care from the comfort of their homes, improving accessibility and convenience.

Leveraging Technology for Digital Customer Care

Digital customer care has become increasingly important in the healthcare industry. With the rise of healthcare apps and digital doctor consultations, patients can receive timely assistance and support, enhancing their overall healthcare experience.

The Synergy of AI and Telehealth

The integration of AI and telehealth technologies holds immense potential for transforming healthcare delivery. By leveraging AI algorithms for remote diagnostics and monitoring, healthcare providers can deliver more efficient and cost-effective patient care, irrespective of geographical barriers.

Creating a Better Future with AI in Healthcare:

At MarkiTech, we are committed to revolutionizing healthcare through the power of AI. Our product, midoc, developed at The Cloud Intelligence Inc., aims to make healthcare systems more accessible, cost-effective, and efficient. By harnessing the potential of AI, we are empowering healthcare professionals to deliver personalized care that improves patient care outcomes while reducing overall healthcare costs.

Conclusion

In the end, AI can help make healthcare better for everyone. That means when you’re sick or hurt, AI can help doctors figure out what’s wrong and how to help you feel better. It can make sure you get the right medicine and treatment to feel healthy again. And the best part is, AI can make all of this happen faster and cheaper! So, even more people can get the help they need from the doctor. Let’s use AI to make sure everyone can be healthy and happy! Together, we can make the world a better place for everyone.”


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MarkiTech has various subsidiaries with products and services targeted towards digital healthcare and telehealth/telemedicine and virtual clinics with a laser focus on helping seniors age in place and help their caregivers.

Sensights.ai is a company focused on remote patient care monitoring and ageing solutions, which utilizes artificial intelligence to track the health of patients and keep a round-the-clock connection between caregivers and patients.

As well, Veyetals uses PPG and AI modelling algorithms to capture the light reflected by the blood vessels under a patient’s skin to measure vitals anytime, anywhere.

Lastly, we have now launched our latest Mental Health AI Scribe tool called CliniScripts.com