Gastroenterology and Artificial Intelligence: 4th Annual Global Artificial Intelligence Summit (On-Demand | August 2022-The Big Question: Who Will Pay for AI?

Video Transcription

Video Summary

In this video, Dr. Kan discusses the challenge of who will pay for AI in the medical field. Currently, there are reimbursement mechanisms in place such as the new technology add-on payment (NTAP) and assigning new CPT codes. However, sustained adoption of AI within the fee-for-service model may be challenging. As value-based payment models mature, AI may become a valuable tool in delivering high-quality care at decreased costs. The question of who should receive reimbursement for AI is also raised, including patients, healthcare professionals, healthcare systems, health insurance companies, or AI companies. The issue of legal liability is also discussed, highlighting the need for addressing liability concerns when AI misses something. The idea of AI companies indemnifying the use of their product, similar to Mercedes indemnifying drivers of their fully autonomous cars, is also considered as a potential model for AI adoption in clinical practice. Ultimately, the hope is that AI tools can improve productivity, reduce malpractice risk, and lead to higher-value procedures and decreased costs for healthcare systems.

Asset Subtitle

Charles Kahn, Jr., MD, MS

Keywords

AI in medical field

reimbursement mechanisms

value-based payment models

legal liability

AI adoption in clinical practice