News Summary

• Tech companies, insurance industry mouthpieces, and healthcare administrators have spun a yarn that introducing AI to healthcare is a surefire way to lower costs for patients.
• In reality, both hospital administrators and health insurers agree that AI tools have caused health care costs to rise.
• The main issue revolves around AI “scribes,” which are tools that transcribe live doctor-patient conversations into clinical notes.
• These scribes, healthcare insiders told the publication, have not translated into financial savings more broadly.