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Economic Value of Clinical Artificial Intelligence

2022

Artificial intelligence (AI) is increasingly used in clinical applications. Nevertheless, its flexibility and difficulties around collecting data on its clinical impacts make value assessment challenging.

This article uses a value framework as the basis for assessing how AI may create value depending on how it is used. Authors also provide advice to health economists seeking to model AI’s clinical impacts.

There are multiple ways that AI challenges traditional health technology assessment methodology. Authors highlight several ways that health technology assessment methods will need to be further refined to accommodate AI.

 

Source:

Hendrix N, Veenstra DL, Cheng M et al. Assessing the Economic Value of Clinical Artificial Intelligence: Challenges and Opportunities. Value in Health 2022; 25 (3): 331-339. https://doi.org/10.1016/j.jval.2021.08.015