Health Law Highlights

Healthcare Industry Sees Increased Investment in Generative AI, LLMs

Summary of article from Health IT Analytics, by Shania Kennedy:

A recent Generative AI in Healthcare Survey reveals that healthcare and life sciences organizations are increasingly investing in generative AI projects, with larger organizations and leadership roles reporting higher adoption rates. The survey found that 35% of respondents are not actively considering generative AI, while 21% are evaluating use cases and 20% are developing these tools. The majority of organizations have significantly increased their generative AI budgets, with a focus on small, task-specific language models. The most common use cases are streamlining clinical workflows and improving patient communication. Despite the increased adoption, accuracy and potential legal and reputational risks are major roadblocks, and many generative AI projects have not been thoroughly tested for bias and explainability.