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Sample Assignment on Artificial intelligence

   

Added on  2021-02-20

9 Pages2684 Words71 Views
The Impact of artificialintelligence on the business modelof medical imaging industry

Table of ContentsChapter 3..........................................................................................................................................1Literature Review........................................................................................................................1Part 1...........................................................................................................................................1A. Healthcare Industry................................................................................................................1B. Challenges of Healthcare industry..........................................................................................1C. Innovation...............................................................................................................................2Part II...........................................................................................................................................3A. Big Data..................................................................................................................................3B. Artificial intelligence..............................................................................................................3C. Impact of AI on new ecosystem and impact on on healthcare value chain............................4Part III.........................................................................................................................................5A. Medical imaging industry.......................................................................................................5B. Integration of AI in medical imaging industry.......................................................................5REFERENCES ..............................................................................................................................7

Chapter 3Literature ReviewPart 1A. Healthcare IndustryHealthcare industry refers to accumulation and aggregation of sectors in economicsystem which furnishes services and goods for treating patients with palliative, rehabilitative,preventive and curative care (He and et. al,, 2019). The health care industry is crucial for theglobal economy as it provides largest employment, if number of people working in each sectorare added. As per Lawton Robert Burns, the structure of value chain within healthcare industry isstraightforward which comprises of three key set of actors and two set of intermediaries amongthem. The three key actors are payers, providers and producers/suppliers; whereas intermediariesare insurance and distributors. Payers are government, employers and individuals; providers arephysicians, pharmacies, hospitals etc.; producers/suppliers are pharmaceuticals, devices,biologics, etc. On the other hand insurance comprises of insurers, managed care, pharmacybenefit managers and consumer directed health plans; distributors are group purchasingorganisations, wholesalers, etc.B. Challenges of Healthcare industryThere are certain challenges which are faced by healthcare industry like governmentregulations, enhanced chronical diseases, medical desert, financial pressure, technology andmany others (Kruskal and et. Al, 2017). As technology is improvising lots of techniques havebeen developed to cure the disease but it is not possible to remain up dated with everytechnology due to hectic schedule and even each sector cannot possess these techniques due tohigh cost. Furthermore, government regulations intervenes the way in which services are beinggiven to patients. An example can be taken to understand this aspect like suppose there exist atechnology which assist doctors to treat their patients but anyone of the feature is harmful thengovernment will ban the usage of that technology. Chronical diseases are also a major challengeas they exist for longer time and there is no permanent cure for them like cancer, asthma andmany others. These are problematic for both doctors as well as patients which creates an impacton entire industry (Liggins, Hall and Llinas, 2017). 1

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