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Generative AI Will Transform Health Care Sooner Than You Think

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Generative AI Will Transform Health Care Sooner Than You Think

Boston Consulting Group,

5 min read
3 take-aways
Audio & text

What's inside?

Generative AI is impacting the health care industry segments in profound ways – leaders must balance seizing potential opportunities with protecting patients and organizations from risk.

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Editorial Rating

7

Qualities

  • Analytical
  • Overview
  • Concrete Examples

Recommendation

Generative AI is already entering multiple health care segments, and the new technology has the potential to improve care quality and reduce inequities in care delivery and research. But an analysis from the Boston Consulting Group warns that while generative AI algorithms have the capacity to dramatically transform the health care industry and all its ecosystems, executives must avoid a number of potential risks before broadly implementing generative AI. Learn how organizations and companies are already leveraging the technology and expand your perspective of what the emerging future of AI-powered health care might hold.

Summary

Generative AI is dramatically impacting major health care segments.

As generative AI enters health care, executives must both leverage the technology’s potential, while avoiding potential risks. Several health care providers are already harnessing generative AI solutions to assist in diagnosis and patient care and monitoring. For example, some are using products from the digital pathology company Paige.AI to improve the efficiency and accuracy of prostate cancer diagnoses. In the future, generative AI solutions could become more personalized and preventative, prompting suggestions for patient behavior changes and interventions before conditions worsen. Public health agencies, government ministries and other organizations could also use generative AI to better anticipate public health needs and execute programs. For example, BioNTech’s acquisition of InstaDeep enables it to create an AI-powered early-detection system for new variants of the COVID-19 virus. Future generative AI tools could help public health organizations, such as Doctors Without Borders, anticipate outbreaks and better...

About the Authors

Matthew Huddle, Josh Kellar, Krishna Srikumar, Krishna Deepak and Daniel Martines are professionals with the Boston Consulting Group.

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