Hospitals write off $132 billion as AI fails to lift finances
Hospitals report large write-offs tied to artificial intelligence projects that have not yet improved their financial results.
By Standard Topic. AI-generated from the reporting listed under Coverage. Published . Updated .
This story is no longer being updated. It reflects reporting up to .
What happened
Hospitals have written off $132 billion, according to a report that says AI has failed to move the needle on their finances. A second report says evaluating return on investment from AI is not always straightforward, because metrics are complicated and a growing number of AI pilots make the return hard to calculate.
Why it matters
The reports suggest that hospitals' spending on AI has not yet produced financial gains, and that measuring its value is difficult.
Timeline
- Nov 9, 2:30 PM ET: A report said hospitals have written off $132 billion as AI has failed to improve their finances.
- Nov 10, 3:25 PM ET: A follow-up report said complicated metrics and a growing number of AI pilots make return on investment difficult to calculate.
Coverage
- Why evaluating ROI from AI isn’t always straightforward (modernhealthcare.com)
- Hospitals write off $132B as AI fails to move the needle with finances, Read more ➔ (healthcaredive.com)
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