October 7, 2024 – (HealthCare Business News) –

For healthcare, artificial intelligence promises improved member experience, quality, and economic opportunity for health plans. How is AI delivering on the promise? According to McKinsey research, with technology including AI, payers could experience net savings of 13 to 25% in administrative costs and 5 to 11% in medical costs as well as 3 to 12% higher revenue.

Article originally published in HealthCare Business News