Author
Listed:
- Taheri Hosseinkhani, Nima
(Auburn University)
Abstract
Artificial intelligence (AI) is transforming global healthcare by enhancing diagnostic accuracy, operational efficiency, and personalized treatment, while presenting complex economic, ethical, and regulatory challenges. This comprehensive analysis explores the integration of AI technologies, including machine learning, natural language processing, robotics, and decision support systems, across diverse clinical and administrative applications. It examines key economic concepts such as cost-effectiveness, value-based care, and return on investment, highlighting both direct costs related to implementation, training, and maintenance, and indirect benefits including error reduction, shortened hospital stays, and improved workforce productivity. The discussion addresses disparities in AI adoption between high-income and low- and middle-income countries, emphasizing infrastructural barriers, potential for leapfrogging technologies, and the necessity of international collaboration and standardization. Ethical, legal, and social implications are considered alongside technological limitations, data quality, interoperability, and bias mitigation. Financing models such as public-private partnerships, venture capital, and evolving insurance reimbursement frameworks are evaluated for their roles in supporting sustainable AI deployment. Future directions focus on scaling AI solutions globally, integrating AI with emerging technologies like IoT and blockchain, and transforming healthcare workforce roles. The synthesis underscores that realizing AI’s promise in healthcare economics requires balanced investment, robust governance, interdisciplinary collaboration, and continuous evaluation to ensure equitable, efficient, and high-quality care delivery worldwide.
Suggested Citation
Download full text from publisher
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:osf:osfxxx:6k3bx_v1. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
We have no bibliographic references for this item. You can help adding them by using this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: OSF (email available below). General contact details of provider: https://osf.io/preprints/ .
Please note that corrections may take a couple of weeks to filter through
the various RePEc services.