Three Trends Of Transformation: How AI & Value-Based Care (VBC) Will Drive Transformation Of Self-Insured Healthcare

Healthcare is on the brink of a seismic shift, and AI is its catalyst. Three converging trends are creating a perfect opportunity for change: (1) The Foundational Model’s growing ability to predict risks further into the future compared to traditional machine learning, (2) the rise of the self-insured healthcare industry that is motivated to address these risks, and (3) a surge in Value-Based Care (VBC) providers that focused on risk reduction. These three forces together promise to redefine healthcare as we know it fundamentally. Healthcare has long grappled with alignment issues. Let’s explain this in an example. Research found that a significant proportion (⅓ to ¼) of hospital admissions in the US are avoidable - if only someone had known earlier. At Google my team and I created predictions to predict the likelihood of avoidable admissions. However, our traditional healthcare system has little incentive to prevent these situations.