Unlocking the Potential of Digitized Data with AI

The advancement of AI technology is expected to encourage the utilization of digitized data, particularly in the healthcare sector. Despite the availability of electronic health records, there has been limited exploitation of the data due to historical lack of incentives and technology capabilities. The emergence of AI offers the opportunity to synthesize and present data in a more meaningful way, potentially driving organizations to unleash their data. Provider organizations are now considering monetizing their data assets by partnering with companies to utilize their proprietary data sets for training AI models, amidst financial struggles. The current crises faced by hospitals and provider organizations could either act as catalysts or impediments to the adoption of AI technology and data monetization strategies.