- In May 2025, Smarter Technologies, a new company formed by the strategic growth investments in Access Healthcare, SmarterDx, and Thoughtful.ai, has launched the industry's first AI-powered revenue management platform. This platform aims to automate hospital and health systems' administrative workflows and strengthen financial performance by combining agentic AI agents with human-in-loop delivery capabilities and clinically driven billing algorithms
- In March 2025, A new whitepaper by global software development leader IT Medical reveals how AI-powered assistants could save hospitals millions in operational costs annually, potentially over USD 13 million. The study emphasizes AI's potential to revolutionize hospital administration by enhancing scheduling, streamlining billing, improving documentation management, and supporting data-driven decision-making, directly addressing rising costs and staffing shortages
- In March 2025, Apollo Hospitals has announced plans to introduce AI tools to automate routine tasks, such as medical documentation, and enhance diagnostic accuracy. This move aims to significantly reduce staff workload and improve overall operational efficiency, showcasing a direct investment by a major hospital group in AI for resource optimization
- In February 2025, AdventHealth, a large non-profit health system, has partnered with ParkourSC, a leader in AI-driven supply chain dynamic decision intelligence solutions, to enhance its supply chain operations. By implementing an intelligent Inventory Control Tower, AdventHealth aims to further strengthen its ability to ensure critical medical supplies are available precisely when and where they are needed. This collaboration will leverage ParkourSC's AI-powered platform to aggregate various data sources and overlay AI capabilities for insights that drive smart, data-driven decisions, improving supply chain resiliency and efficiency across their extensive network
- In January 2025, A survey conducted by Innovaccer, involving over 100 healthcare professionals, reveals key AI trends for 2025. Among these, the rise of automated clinical documentation is significantly reducing the time doctors spend on paperwork (64.76% less time), leading to a 37.1% improvement in medical decision-making. The advancement of precision medicine, driven by AI's ability to analyze complex patient data, is resulting in 41.90% greater accuracy in diagnoses and a 37.5% jump in treatment effectiveness
