The Economic Impact of Artificial Intelligence in Health Care: Systematic Review
- PMID: 32130134
- PMCID: PMC7059082
- DOI: 10.2196/16866
The Economic Impact of Artificial Intelligence in Health Care: Systematic Review
Abstract
Background: Positive economic impact is a key decision factor in making the case for or against investing in an artificial intelligence (AI) solution in the health care industry. It is most relevant for the care provider and insurer as well as for the pharmaceutical and medical technology sectors. Although the broad economic impact of digital health solutions in general has been assessed many times in literature and the benefit for patients and society has also been analyzed, the specific economic impact of AI in health care has been addressed only sporadically.
Objective: This study aimed to systematically review and summarize the cost-effectiveness studies dedicated to AI in health care and to assess whether they meet the established quality criteria.
Methods: In a first step, the quality criteria for economic impact studies were defined based on the established and adapted criteria schemes for cost impact assessments. In a second step, a systematic literature review based on qualitative and quantitative inclusion and exclusion criteria was conducted to identify relevant publications for an in-depth analysis of the economic impact assessment. In a final step, the quality of the identified economic impact studies was evaluated based on the defined quality criteria for cost-effectiveness studies.
Results: Very few publications have thoroughly addressed the economic impact assessment, and the economic assessment quality of the reviewed publications on AI shows severe methodological deficits. Only 6 out of 66 publications could be included in the second step of the analysis based on the inclusion criteria. Out of these 6 studies, none comprised a methodologically complete cost impact analysis. There are two areas for improvement in future studies. First, the initial investment and operational costs for the AI infrastructure and service need to be included. Second, alternatives to achieve similar impact must be evaluated to provide a comprehensive comparison.
Conclusions: This systematic literature analysis proved that the existing impact assessments show methodological deficits and that upcoming evaluations require more comprehensive economic analyses to enable economic decisions for or against implementing AI technology in health care.
Keywords: artificial intelligence; cost-benefit analysis; machine learning; telemedicine.
©Justus Wolff, Josch Pauling, Andreas Keck, Jan Baumbach. Originally published in the Journal of Medical Internet Research (http://www.jmir.org), 20.02.2020.
Conflict of interest statement
Conflicts of Interest: None declared.
Figures
Similar articles
-
Systematic Review of Health Economic Evaluations Focused on Artificial Intelligence in Healthcare: The Tortoise and the Cheetah.Value Health. 2022 Mar;25(3):340-349. doi: 10.1016/j.jval.2021.11.1362. Epub 2021 Dec 16. Value Health. 2022. PMID: 35227444
-
Economic Evaluations and Equity in the Use of Artificial Intelligence in Imaging Exams for Medical Diagnosis in People With Skin, Neurological, and Pulmonary Diseases: Protocol for a Systematic Review.JMIR Res Protoc. 2023 Dec 28;12:e48544. doi: 10.2196/48544. JMIR Res Protoc. 2023. PMID: 38153775 Free PMC article.
-
Assessing the Economic Value of Clinical Artificial Intelligence: Challenges and Opportunities.Value Health. 2022 Mar;25(3):331-339. doi: 10.1016/j.jval.2021.08.015. Epub 2021 Oct 9. Value Health. 2022. PMID: 35227443
-
How has the impact of 'care pathway technologies' on service integration in stroke care been measured and what is the strength of the evidence to support their effectiveness in this respect?Int J Evid Based Healthc. 2008 Mar;6(1):78-110. doi: 10.1111/j.1744-1609.2007.00098.x. Int J Evid Based Healthc. 2008. PMID: 21631815
-
Economic value of out-of-hospital emergency care: a structured literature review.Ann Emerg Med. 2006 Jun;47(6):515-24. doi: 10.1016/j.annemergmed.2006.01.012. Epub 2006 Mar 24. Ann Emerg Med. 2006. PMID: 16713777 Review.
Cited by
-
Comparative survey among paediatricians, nurses and health information technicians on ethics implementation knowledge of and attitude towards social experiments based on medical artificial intelligence at children's hospitals in Shanghai: a cross-sectional study.BMJ Open. 2023 Nov 21;13(11):e071288. doi: 10.1136/bmjopen-2022-071288. BMJ Open. 2023. PMID: 37989373 Free PMC article.
-
Cost-Effectiveness of Artificial Intelligence Support in Computed Tomography-Based Lung Cancer Screening.Cancers (Basel). 2022 Mar 29;14(7):1729. doi: 10.3390/cancers14071729. Cancers (Basel). 2022. PMID: 35406501 Free PMC article.
-
Toward Successful Implementation of Artificial Intelligence in Health Care Practice: Protocol for a Research Program.JMIR Res Protoc. 2022 Mar 9;11(3):e34920. doi: 10.2196/34920. JMIR Res Protoc. 2022. PMID: 35262500 Free PMC article.
-
Success Factors of Artificial Intelligence Implementation in Healthcare.Front Digit Health. 2021 Jun 16;3:594971. doi: 10.3389/fdgth.2021.594971. eCollection 2021. Front Digit Health. 2021. PMID: 34713083 Free PMC article.
-
Stakeholder Attitudes on AI Integration in Ophthalmology.Klin Monbl Augenheilkd. 2025 Apr;242(4):515-520. doi: 10.1055/a-2543-4330. Epub 2025 Apr 16. Klin Monbl Augenheilkd. 2025. PMID: 40239676 Free PMC article. Review.
References
-
- Phelps CE. Health Economics. Abingdon, Oxfordshire: Routledge; 2017.
-
- Statistisches Bundesamt. [2019-10-03]. Health Expenditure in 2017: +4.7% https://www.destatis.de/DE/Presse/Pressemitteilungen/2019/03/PD19_109_23....
-
- Whitten PS, Mair FS, Haycox A, May CR, Williams TL, Hellmich S. Systematic review of cost effectiveness studies of telemedicine interventions. Br Med J. 2002 Jun 15;324(7351):1434–7. doi: 10.1136/bmj.324.7351.1434. http://europepmc.org/abstract/MED/12065269 - DOI - PMC - PubMed
-
- Elbert N, van Os-Medendorp H, van Renselaar W, Ekeland A, Hakkaart-van Roijen L, Raat H, Nijsten T, Pasmans S. Effectiveness and cost-effectiveness of eHealth interventions in somatic diseases: a systematic review of systematic reviews and meta-analyses. J Med Internet Res. 2014 Apr 16;16(4):e110. doi: 10.2196/jmir.2790. https://www.jmir.org/2014/4/e110/ - DOI - PMC - PubMed
-
- Sanyal C, Stolee P, Juzwishin D, Husereau D. Economic evaluations of eHealth technologies: a systematic review. PLoS One. 2018;13(6):e0198112. doi: 10.1371/journal.pone.0198112. http://dx.plos.org/10.1371/journal.pone.0198112 - DOI - DOI - PMC - PubMed
Publication types
MeSH terms
LinkOut - more resources
Full Text Sources
Medical