Artificial Intelligence in Healthcare: Balancing Risks and Rewards

31 July 2023
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Key Takeaways:
  • The healthcare industry is rapidly adopting artificial intelligence (“AI”) with the understanding that AI has the power to revolutionize healthcare quality and delivery.
  • Healthcare companies that utilize AI must monitor a complex and evolving framework of foreign and domestic enforcement agencies, as well as foreign, state and local laws and regulations, to fully appreciate the opportunities and risks that AI presents.
  • The use of AI in healthcare also raises significant practical and ethical concerns, which will require healthcare companies to implement the right balance of control and oversight to increase transparency while still extracting the benefits that AI provides.