The 10 Most Innovative Companies Bringing AI to Healthcare The 10 Most Innovative Companies Bringing AI to He | Page 11
The
Most Innovative
Companies Bringing
AI to Healthcare
AI & Voice Powered Virtual Nurse
Assistant Exponentially Scaling
Healthcare Engagement
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undamentally, healthcare is broken. The phrase “we
have a sick-care system, not a healthcare system” is
heard quite often. And it’s true. Traditionally,
healthcare has operated on a reactive health model instead of a
proactive, preventative one. Most insurers and providers only
proactively care for about 5 percent of the population, with a
labor-intensive model, that is defined as high-risk, which is
costly. In addition, traditional fee-for-service payment models
have not provided any incentives to pay to manage the next
30-60 percent of the rising-risk populations. The clinical staff
necessary to manage this population is at an all-time high,
which is not scalable and just costs too much. This is where an
AI-powered Virtual Nurse Assistant comes to the rescue.
According to Accenture, virtual nurse assistant applications
can potentially create $150 billion in annual savings for the
U.S. healthcare economy by 2026 and growth in the AI health
market is expected to reach $6.6 billion by 2021.
Healthcare is at an inflection point. 85 percent of healthcare
costs are spent on managing chronic conditions, mostly from
seniors aging at home. Our society lives in a time when
two-thirds of all people who have ever lived past the age of 65
are alive today. People are living longer than ever; with more
conditions, costing much more and the results are having
devastating ripple effects on families, employers, providers,
payers, and society, as a whole. It has been called a Silver
Tsunami and it can be society’s Achilles heel, unless we
proactively do something about it. Care Angel is redefining
how we care.