The people who can least afford healthcare are often among those who need healthcare the most. The correlation is only logical: The more one avoids the doctor, the sicker one gets.
A 2024 survey by PricewaterhouseCoopers bears this out. The global professional-services organization found that 44% of consumers with significant health issues had recently put off seeking care due to financial concerns. And more than 6 in 10 regularly struggle to manage the cost of medications they need.
“The challenge for consumers is difficult but not insurmountable,” PwC writes in commentary published March 4. “Health plans and health systems have an unprecedented opportunity to help make healthcare more affordable through artificial intelligence (AI) and advanced machine learning tools.”
PwC offers five pointers for healthcare leaders and workers looking to incorporate AI into cost-containment and patient-care strategies.
1. PREVENTIVE care: Help spot problems before they start.
AI can help identify high-risk patients in need of preventive care based on their medical history and demographics, PwC points out. “Early detection improves patient health before costly medical treatment is needed for serious or chronic disease.” More:
‘Identifying issues early can empower patients to embrace healthy behaviors, manage risk factors such as high blood pressure or high blood sugar, avoid worsening conditions and live longer.’
2. PERSONALIZED care: Predict—and help prevent—crises.
AI can help lead to better patient diagnosis and treatment by analyzing vast amounts of data, identifying patterns and providing personalized insights, the authors remind. “By considering the patient’s genetic makeup and contributing factors such as lifestyle and environment,” they add, “tailored treatments can address each patient’s individual needs and characteristics.” More:
‘Such an approach can allow for more precise diagnoses, effective interventions and a potential reduction in expenditures before issues become critical.’
3. PREDICTIVE care: Break down barriers in clinical trials.
Researchers are using AI to help recruit patients to clinical trials who otherwise may be hard to find, PwC notes. “This AI-powered analysis enables researchers to reach out and recruit a wider and more diverse pool of trial participants.”
‘Data that includes marginalized populations is crucial to developing useful algorithms to better address the needs of vulnerable populations.’
4. PROACTIVE care: Empower community health workers.
The World Economic Forum’s Digital Health Alliance recently published a report highlighting case studies and implementation models for community health workers who are helping patients manage diabetes and high blood pressure. As PwC shares, the report found “equipping community health workers with [AI and other] digital health tools can empower them to be more effective.”
‘Notably, 6 of 10 digital health tools studied not only monitor care gaps but also alert providers, potentially offering a chance to intervene before a costly emergency room visit.’
5. POINT OF care: Close the access gap.
AI is helping rural patients through tools like AI-driven smartphone apps that can assess symptoms, diagnose various medical issues and suggest personalized care, PwC writes. “Meanwhile sensory wearables can remotely monitor blood pressure and heart rate in patients with heart failure and chronic obstructive pulmonary disease (COPD).”
‘Remote monitoring brings down the cost of care by reducing the need for hospital admissions, emergency room visits and numerous follow-up appointments, particularly for patients with chronic conditions.’
“The tools to make healthcare more affordable and effective exist,” the authors write. “Let’s use them.”