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All issuesVolume 313, Issue 2IT Vendor NewsMicrosoft

Microsoft Makes The Promise Of AI In Healthcare Real Through New Collaborations With Healthcare Organizations And Partners

Microsoft News, Thursday, April 11th, 2024

Just over a year ago, the healthcare industry was energized by the debut of generative AI and the promise this new technology held for delivering real-world outcomes that positively impact clinicians, patients, health systems, and the broader health and life sciences ecosystem.

Since then, it has been a catalyst for the development of new use cases, opening possibilities for an entirely new era of innovation - and this shows no signs of slowing down.

We continue to see AI adoption within healthcare grow, with 79% of healthcare organizations reporting that they're currently using AI technology, according to a Microsoft-commissioned study through IDC'i'. AI also has a demonstrable business value, with healthcare organizations realizing a return on their AI investments within 14 months, along with an average return of $3.20 for every $1 they invest in AI

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