Literature DB >> 32130134

The Economic Impact of Artificial Intelligence in Health Care: Systematic Review.

Justus Wolff1,2, Josch Pauling1, Andreas Keck2, Jan Baumbach1.   

Abstract

BACKGROUND: Positive economic impact is a key decision factor in making the case for or against investing in an artificial intelligence (AI) solution in the health care industry. It is most relevant for the care provider and insurer as well as for the pharmaceutical and medical technology sectors. Although the broad economic impact of digital health solutions in general has been assessed many times in literature and the benefit for patients and society has also been analyzed, the specific economic impact of AI in health care has been addressed only sporadically.
OBJECTIVE: This study aimed to systematically review and summarize the cost-effectiveness studies dedicated to AI in health care and to assess whether they meet the established quality criteria.
METHODS: In a first step, the quality criteria for economic impact studies were defined based on the established and adapted criteria schemes for cost impact assessments. In a second step, a systematic literature review based on qualitative and quantitative inclusion and exclusion criteria was conducted to identify relevant publications for an in-depth analysis of the economic impact assessment. In a final step, the quality of the identified economic impact studies was evaluated based on the defined quality criteria for cost-effectiveness studies.
RESULTS: Very few publications have thoroughly addressed the economic impact assessment, and the economic assessment quality of the reviewed publications on AI shows severe methodological deficits. Only 6 out of 66 publications could be included in the second step of the analysis based on the inclusion criteria. Out of these 6 studies, none comprised a methodologically complete cost impact analysis. There are two areas for improvement in future studies. First, the initial investment and operational costs for the AI infrastructure and service need to be included. Second, alternatives to achieve similar impact must be evaluated to provide a comprehensive comparison.
CONCLUSIONS: This systematic literature analysis proved that the existing impact assessments show methodological deficits and that upcoming evaluations require more comprehensive economic analyses to enable economic decisions for or against implementing AI technology in health care. ©Justus Wolff, Josch Pauling, Andreas Keck, Jan Baumbach. Originally published in the Journal of Medical Internet Research (http://www.jmir.org), 20.02.2020.

Entities:  

Keywords:  artificial intelligence; cost-benefit analysis; machine learning; telemedicine

Year:  2020        PMID: 32130134     DOI: 10.2196/16866

Source DB:  PubMed          Journal:  J Med Internet Res        ISSN: 1438-8871            Impact factor:   5.428


  25 in total

Review 1.  Stakeholders' perspectives on the future of artificial intelligence in radiology: a scoping review.

Authors:  Ling Yang; Ioana Cezara Ene; Reza Arabi Belaghi; David Koff; Nina Stein; Pasqualina Lina Santaguida
Journal:  Eur Radiol       Date:  2021-09-21       Impact factor: 5.315

2.  Artificial intelligence in the management and treatment of burns: a systematic review.

Authors:  Francisco Serra E Moura; Kavit Amin; Chidi Ekwobi
Journal:  Burns Trauma       Date:  2021-08-19

Review 3.  Artificial Intelligence Applications in Health Care Practice: Scoping Review.

Authors:  Malvika Sharma; Carl Savage; Monika Nair; Ingrid Larsson; Petra Svedberg; Jens M Nygren
Journal:  J Med Internet Res       Date:  2022-10-05       Impact factor: 7.076

4.  Assessing the Clinical Robustness of Digital Health Startups: Cross-sectional Observational Analysis.

Authors:  Sean Day; Veeraj Shah; Sari Kaganoff; Shannon Powelson; Simon C Mathews
Journal:  J Med Internet Res       Date:  2022-06-20       Impact factor: 7.076

5.  Perspective of Information Technology Decision Makers on Factors Influencing Adoption and Implementation of Artificial Intelligence Technologies in 40 German Hospitals: Descriptive Analysis.

Authors:  Lina Weinert; Julia Müller; Laura Svensson; Oliver Heinze
Journal:  JMIR Med Inform       Date:  2022-06-15

6.  Recommendations for the safe, effective use of adaptive CDS in the US healthcare system: an AMIA position paper.

Authors:  Carolyn Petersen; Jeffery Smith; Robert R Freimuth; Kenneth W Goodman; Gretchen Purcell Jackson; Joseph Kannry; Hongfang Liu; Subha Madhavan; Dean F Sittig; Adam Wright
Journal:  J Am Med Inform Assoc       Date:  2021-03-18       Impact factor: 4.497

Review 7.  Approaches Based on Artificial Intelligence and the Internet of Intelligent Things to Prevent the Spread of COVID-19: Scoping Review.

Authors:  Aya Sedky Adly; Afnan Sedky Adly; Mahmoud Sedky Adly
Journal:  J Med Internet Res       Date:  2020-08-10       Impact factor: 5.428

Review 8.  Artificial Intelligence in Gastrointestinal Endoscopy in a Resource-constrained Setting: A Reality Check.

Authors:  Prajna Anirvan; Dinesh Meher; Shivaram P Singh
Journal:  Euroasian J Hepatogastroenterol       Date:  2020 Jul-Dec

Review 9.  Requirements and reliability of AI in the medical context.

Authors:  Yoganand Balagurunathan; Ross Mitchell; Issam El Naqa
Journal:  Phys Med       Date:  2021-03-13       Impact factor: 2.685

10.  A Smartphone-Based Technique to Detect Dynamic User Preferences for Tailoring Behavioral Interventions: Observational Utility Study of Ecological Daily Needs Assessment.

Authors:  Julia A Schweiger; Ginger E Nicol; Amanda R Ricchio; Christopher L Metts; Michael D Yingling; Alex T Ramsey; J Philip Miller; Eric J Lenze
Journal:  JMIR Mhealth Uhealth       Date:  2020-11-13       Impact factor: 4.773

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