Are you at risk with how you’re using AI in healthcare?

Myriad Health

Dec 18, 2024

Are you at risk with how you’re using AI in healthcare?

Myriad Health

Dec 18, 2024

Are you at risk with how you’re using AI in healthcare?

Myriad Health

Dec 18, 2024

Are you at risk with how you’re using AI in healthcare?

Prefer listening? Enjoy the article in audio version.

0:00/1:34

Prefer listening? Enjoy the article in audio version.

0:00/1:34

Prefer listening? Enjoy the article in audio version.

0:00/1:34

Are you at risk with how you’re using AI in Healthcare?

Artificial intelligence (AI) is rapidly revolutionizing healthcare, offering innovations that enhance patient care and streamline operations. As practices increasingly adopt AI, concerns about data security, regulatory compliance, and operational risks grow.

Could your practice be exposing itself to unnecessary risks with how it’s using AI? This article explores the potential dangers and offers solutions to help you harness AI safely and effectively.

Why AI in Healthcare Comes with Risks

AI’s ability to analyze large datasets and assist with clinical tasks is transformative, but without the right safeguards, its use can pose serious challenges to your practice.

1. Data Security Breaches

AI systems often require access to sensitive patient information, but if this data is processed through external servers or third-party platforms, it can become vulnerable to cyberattacks. According to a study by Ponemon Institute and IBM, in 2023, the healthcare sector experienced an average data breach cost of $10.93 million, the highest among all industries​​. For smaller practices, a breach can lead to devastating financial losses and reputational harm.

2. Compliance Violations

Healthcare providers must adhere to stringent regulations like HIPAA to protect patient data. However, many AI solutions are not designed with these compliance standards in mind. According to the Federal Trade Commission (FTC), enforcement of health data privacy violations has become a priority, with fines and penalties increasing in recent years​​. Non-compliance could mean hefty fines, loss of patient trust, and potential legal action.

3. Operational Challenges

While AI promises efficiency, poorly integrated systems often create more problems than they solve. Mismanagement of AI workflows can lead to errors or delays in care. The World Health Organization (WHO) highlights the risks of inadequate oversight in AI adoption, which can compromise patient safety​​. “Artificial intelligence is a low-cost, high-impact tool that has the potential to transform the cost-benefit equation in healthcare. For smaller practices, where providers often wear multiple hats, AI can deliver immense value by streamlining operations and improving efficiency without adding unnecessary complexity,” said Jeremy Shiner, Founder and CEO of Myriad Systems. This underscores why it’s essential to choose AI solutions tailored for healthcare—especially for smaller practices balancing numerous responsibilities. By doing so, providers can avoid these risks and unlock AI’s full potential.

How to Use AI Without the Risks

The good news? It’s possible to leverage AI’s benefits while minimizing risks. The key is selecting the right tools and implementing best practices for security and compliance.

1. Keep Data Secure and In-House

AI solutions that process patient data through external servers expose it to greater risks. By choosing tools like MyScribe AI—designed to operate entirely within the Myriad Health system—you can ensure sensitive information stays within your practice’s infrastructure,  ensuring data security.

2. Choose Healthcare-Specific AI

Not all AI systems are created equal. General-purpose solutions often lack the features and safeguards required for healthcare. Myriad Health has developed a model that is medically trained and specifically built to meet industry standards, ensuring seamless integration with your practice and full compliance with HIPAA regulations​.

3. Monitor and Evaluate Regularly

Even the best AI systems require ongoing evaluation to ensure security and effectiveness. Regular monitoring for vulnerabilities helps maintain compliance and adapt to evolving regulations. The National Institutes of Health (NIH) stresses the importance of frequent assessments to mitigate risks​​.

What Happens If You Ignore the Risks?

Imagine your practice uses an AI platform that processes patient data externally. While the technology might work well initially, a single breach could expose thousands of patient records, leading to severe regulatory penalties and loss of trust.

AI is a double-edged sword—it’s transformative when used responsibly, but dangerous when implemented carelessly.

Protect Your Practice with Myriad Health

You don’t have to choose between innovation and security. Myriad Health’s AI solutions are designed to empower your practice while keeping patient data safe.

Our integrated tools ensure:

  • Data Security: Patient information stays within your practice, protected from external threats.

  • Regulatory Compliance: Designed with healthcare regulations in mind, our AI simplifies HIPAA compliance.

  • Peace of Mind: We handle the complexities of AI so you can focus on delivering exceptional care.

Harness AI without the risks; contact Myriad Health to learn more.

Share