Commercial Adoption of AI in the Healthcare Sector: An Exploratory Analysis of S&P500 Companies

Research output: Chapter in Book/Report/Conference proceedingChapterScientificpeer-review

7 Downloads (Pure)

Abstract

The use of Artificial Intelligence (AI) technologies within the healthcare sector is growing. However, there are differences in the speed of commercial adoption of AI across sub-sectors. We employ a dataset including news mentions and executive communications of all S&P500 Health Care Index companies to explore these differences. Pharmaceutical and medicine manufacturing companies had the earliest AI-linked news presence, yet they appeared to be among the slowest commercial implementers of AI. Ambulatory health care services and hospitals, as well as insurance carriers, received media coverage later, but were the quickest to take AI into commercial use. From the theory perspective our results indicate that the classical innovation diffusion theory might not fully explain these differences.

Original languageEnglish
Title of host publicationDigital Personalized Health and Medicine
PublisherIOS PRESS
Pages113-117
Number of pages5
ISBN (Electronic)978-1-64368-083-5
ISBN (Print)978-1-64368-082-8
DOIs
Publication statusPublished - 16 Jun 2020
MoE publication typeA3 Part of a book or another research book
EventMedical Informatics Europe Conference - Online
Duration: 28 Apr 20201 May 2020
Conference number: 30

Publication series

NameStudies in Health Technology and Informatics
PublisherIOS PRESS
Volume270
ISSN (Print)0926-9630

Conference

ConferenceMedical Informatics Europe Conference
Abbreviated titleMIE
Period28/04/202001/05/2020

Keywords

  • Artificial Intelligence
  • Health Technology
  • Technology Transfer

Fingerprint Dive into the research topics of 'Commercial Adoption of AI in the Healthcare Sector: An Exploratory Analysis of S&P500 Companies'. Together they form a unique fingerprint.

  • Cite this

    Mucha, T., Halminen, O., Tenhunen, H., & Seppälä, T. (2020). Commercial Adoption of AI in the Healthcare Sector: An Exploratory Analysis of S&P500 Companies. In Digital Personalized Health and Medicine (pp. 113-117). (Studies in Health Technology and Informatics; Vol. 270). IOS PRESS. https://doi.org/10.3233/SHTI200133