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Study identifies strategy for AI cost-efficiency in health care settings
A study by researchers at the Icahn School of Medicine at Mount Sinai has identified strategies for using large language models (LLMs), a type of artificial intelligence (AI), in health systems while maintaining cost efficiency and performance. The findings, published in the November 18 online
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Study identifies strategy for AI cost-efficiency in health care settings
A study by researchers at the Icahn School of Medicine at Mount Sinai has identified strategies for using large language models (LLMs), a type of artificial intelligence (AI), in health systems while maintaining cost efficiency and performance. The findings, published in the November 18 online
[3]
Study identifies cost-effective strategies for using AI in health systems
Mount Sinai Health SystemNov 18 2024 A study by researchers at the Icahn School of Medicine at Mount Sinai has identified strategies for using large language models (LLMs), a type of artificial intelligence (AI), in health systems while maintaining cost efficiency and performance. The findings,
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Study Identifies Strategy for AI Cost-Efficiency i | Newswise
Newswise -- New York, NY [November 18, 2024] -- A study by researchers at the Icahn School of Medicine at Mount Sinai has identified strategies for using large language models (LLMs), a type of artificial intelligence (AI), in health systems while maintaining cost efficiency and performance. The
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Researchers at Mount Sinai have identified strategies for using large language models in healthcare settings, potentially reducing costs by up to 17-fold while maintaining performance.

Researchers at the Icahn School of Medicine at Mount Sinai have made a significant breakthrough in the application of artificial intelligence (AI) in healthcare settings. Their study, published in npj Digital Medicine, outlines strategies for using large language models (LLMs) in health systems while maintaining cost efficiency and performance
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.The research team, led by Dr. Girish N. Nadkarni and Dr. Eyal Klang, conducted an extensive study involving:
The study revealed that by grouping up to 50 clinical tasks together, LLMs could handle them simultaneously without a significant drop in accuracy. This approach could potentially reduce application programming interface (API) costs for LLMs by up to 17-fold
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.The findings have significant implications for the integration of AI in healthcare:
Cost Reduction: The task-grouping approach could lead to substantial savings, potentially amounting to millions of dollars per year for larger health systems
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.Efficiency: The strategy allows for the automation of various tasks such as matching patients for clinical trials, structuring research cohorts, and reviewing medication safety
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.Performance Stability: The study provides insights into maintaining stable AI performance under heavy workloads
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.Related Stories
An unexpected discovery was that even advanced models like GPT-4 showed signs of strain when pushed to their cognitive limits. Instead of minor errors, the models' performance would periodically drop unpredictably under pressure
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.Dr. David L. Reich, a co-author of the study, emphasized the importance of recognizing these cognitive limits to maximize AI utility while mitigating risks in critical healthcare settings
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.The research team plans to:
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This study marks a significant step towards equipping healthcare systems with AI tools that balance efficiency, accuracy, and cost-effectiveness, potentially enhancing patient care without introducing new risks.
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