The health care industry seems to have so much potential for new technologies built on Artificial Intelligence (“AI”) technology, such as chatbots that assist patients and/or physicians in patient care and the adoption of tools that expedite the health claims approval process. We have also seen reports documenting some of the problems that can arise from developing and using a rapidly emerging technology like AI. Responsible and successful adoption of AI likely requires a multi-disciplinary AI governance team with the varied skillsets necessary to develop, maintain, and monitor compliance with appropriate guardrails that can mitigate risk now and prepare for a future with more regulation.
Reed Smith will continue to follow the developments in this area. If you have any questions about this or any other AI health care developments in the health care industry, please reach out to the health care lawyers at Reed Smith.