Billion Dollar AI Race Ignites in Health Sector: $4 Trillion in US Medical Expenses at Stake

As the US health sector grapples with a whopping $4 trillion in yearly medical expenses, hospitals and insurers pin their hopes on new artificial intelligence tools for effective billing and processing. With billions at stake, this technological transition may drastically affect everything— from hospitals and insurers to government agencies dealing with Medicare and Medicaid claims. Amid all this, questions loom large as to how the government will regulate this influx of AI and its impact on the industry, workforce, and …

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