CBO Weighs in on PBM Reform, AI in Healthcare

The Congressional Budget Office (CBO) addressed a series of questions from lawmakers on health policy priorities ranging from pharmacy benefit management to Medicare spending. Across two posts issued Friday, the responses stem from two hearings in the House of Representatives held earlier this year. For example, the agency was asked for feedback on the potential use of artificial intelligence and machine learning in modeling the cost of care. CBO said there are multiple avenues where this technology has potential, such as identifying which patients may benefit most from certain interventions or identifying diseases more quickly. However, research to date has produced both positive and negative results, the agency said.

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Source: https://www.fiercehealthcare.com/regulatory/cbo-weighs-pbm-reform-ai-healthcare

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