The Business Times
business-time-50
THE BROAD VIEW

Why healthcare services struggle to count the cost and success of AI

Traditional financial metrics cannot fully capture complexity of systems and operations in the sector

Summarise
阅读简体中文版 (beta)
    • Revalidating the goals and impact of AI is the operational drag and friction for healthcare providers worldwide.
    • Revalidating the goals and impact of AI is the operational drag and friction for healthcare providers worldwide. IMAGE: PIXABAY

    Bryan Chow

    Published Sat, Sep 5, 2026 · 07:00 AM

    ARTIFICIAL intelligence-deployment within the healthcare industry is now at a faster 2.2 times rate compared with the broader economy in the US, said venture capital firm Menlo Ventures. Health systems are leading the adoption.

    Despite having a slower start compared with other sectors, healthcare and biotech companies are beginning to embrace AI, with software such as OpenEvidence for evidence-based medicine, Abridge for ambient clinical documentation and Tempus AI that offers precision medicine solutions.

    Hospital chief financial officers (CFOs) are being confronted, however, with the broader question beyond massive capital expenditure figures.

    Health and WellnessArtificial IntelligenceWealth & Investing

    TRENDING NOW

    Malaysian Chinese bag-maker Liew Bin now sees value in protectionist measures as low-cost competition from China threatens Malaysian small and medium-sized enterprises.

    Once staunchly pro-China, Malaysian Chinese businesses are now distancing themselves from Beijing

    Should it trail its peers in performance, UOB may find it harder to attract and retain talent, and invest adequately in AI, technology and risk-management capabilities.

    Looking beyond looming CEO succession, should UOB potentially pursue a transformative merger?

    The divergence between stablecoin legislation in the US and Europe is striking, reflecting broader debates about monetary sovereignty and financial stability.

    Could stablecoins be the future of money?

    From shy teenager to outspoken philanthropist, Chloe Tong has come a long way.

    Grab CEO’s wife Chloe Tong on life with Anthony Tan and finding her purpose

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More