Innovation in Action: The Business Case for Deploying Generative AI

Clinician burnout costs hospitals $4.6 billion annually, according to the Annals of Internal Medicine. For individual healthcare organizations, the cost to replace just one clinician who quits the profession early can range from $500,000 to $1,000,000, according to the American Medical Association. Industry studies conducted at large and oftentimes academic healthcare centers have shown that generative AI clinical documentation platforms can reduce clinician burnout and increase professional wellbeing—a 53% jump, according to one recent study, as measured by the Stanford Professional Fulfillment Index. Many of these studies also show increased efficiency as well as enhanced patient satisfaction, both of which could be seen to benefit the bottom line.

And what do the executives who have implemented these technologies say about the results and the potential for future revenue effects of generative AI? We will hear from healthcare leaders about how they think about the dollars and cents of implementing AI in their organizations—and the impact data that helps make the business case to go enterprise-wide with these new technologies.