AHA data reveals 6,129 hospitals in the U.S. with 919,649 total staffed beds. Breakdown includes federal, state, local government, and non-government not-for-profit community hospitals, among others. Data informs strategies for evolving healthcare landscape.

Fast Facts on U.S. Hospitals, 2023 | AHA aha.org

The average IT budget for U.S hospitals is $7.8 million, creating a $47.8 billion market. However, spending competition is fierce with Epic's annual revenues forming 10% of total healthcare IT expenditure. Non-discretionary EMR-related costs also claim at least 50% of this budget. Selling a SaaS platform to the U.S hospital system presents limited opportunities with a $24 billion total addressable market. Companies need sizable contracts with numerous hospitals to achieve significant revenues.

Ray Costantini on LinkedIn: Sell into hospital system IT/IS at your own peril. You'll be competing for… | 32 comments LinkedIn

Healthcare AI adoption hindered by current payment models. Innovation in business and pricing models could increase value capture for AI firms. Current software budgets insufficient to support multiple large software companies, though shift in operational expenses and increased spending could widen AI's Total Addressable Market (TAM). Part I of series explores business model architectures and pricing frameworks for AI in healthcare.

Who Pays for Healthcare AI? (Part I) Substack

Google's AI system, AMIE, demonstrated superior diagnostic accuracy in healthcare compared to doctors, excelling in empathy, accuracy, and patient communication. Its utility remains questionable, as majority remain uncomfortable with AI healthcare. The generative AI healthcare market is projected to reach $22 billion by 2032. AI’s potential lies in increasing healthcare accessibility, quality, and consistency.

Google: Healthcare AI More Empathetic, Accurate Than Doctors PYMNTS