The economics of deep and machine learning-based algorithms for Covid-19 prediction, detection, and diagnosis shaping the organizational management of hospitals
Bibliographic Data
| ID | 19484233 |
|---|---|
| Authors | George Lazaroiu (0000-0002-3422-6310, Curtin University), Tom Gedeon (0000-0001-8356-4909, Curtin University), Elżbieta Rogalska (0000-0001-7529-315X, University of Warmia and Mazury in Olsztyn), Mihai Andronie (0000-0002-8577-7227, Spiru Haret University), Katarína Frajtová Michalíková (0000-0002-4550-6561, University of Žilina), Zdenka Musova (0000-0002-1067-8291, Matej Bel University), Mariana Iatagan (0000-0001-8702-2162, Spiru Haret University), Cristian Uță (0000-0003-4232-6263, Spiru Haret University), Lucia Michalkova (0000-0002-3072-7396, University of Žilina), Mária Kováčová (0000-0003-2081-6835, University of Žilina), Roxana Ștefănescu (0000-0003-4762-3814, Spiru Haret University), Iulian Hurloiu (0000-0002-7642-901X, Spiru Haret University), Stanislav Zabojnik (0000-0001-6242-2813, University of Žilina), Róbert Štefko (0000-0002-0650-7780, University of Prešov), Adrian Dijmărescu (0000-0003-4536-496X, Institutul Clinic Fundeni), Irina Dijmărescu (0000-0002-5814-2082, Clinical Emergency Hospital Bucharest), Marinela Geamănu (0000-0003-4054-4865, Spiru Haret University) |
| Year | 2024 |
| Volume | 15 |
| Issue | 1 |
| Pages | 27-58 |
| Publication date | 2024-03-30 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Oeconomia Copernicana (JOURNAL) |
| Journal identifiers | ISSN: 2083-1277 • E-ISSN: 2353-1827 |
| Publisher | Instytut Badan Gospodarczych / Institute of Economic Research (PUBLISHER) |
| DOI | 10.24136/oc.2984 |
| OpenAlex | W4393853620 |
| Language | EN |
| Citations received | 4 |
| References cited | 3 |
Research background: Deep and machine learning-based algorithms can assist in COVID-19 image-based medical diagnosis and symptom tracing, optimize intensive care unit admission, and use clinical data to determine patient prioritization and mortality risk, being pivotal in qualitative care provision, reducing medical errors, and increasing patient survival rates, thus diminishing the massive healthcare system burden in relation to severe COVID-19 inpatient stay duration, while increasing operational costs throughout the organizational management of hospitals. Data-driven financial and scenario-based contingency planning, predictive modelling tools, and risk pooling mechanisms should be deployed for additional medical equipment and unforeseen healthcare demand expenses. Purpose of the article: We show that deep and machine learning-based and clinical decision making systems can optimize patient survival likelihood and treatment outcomes with regard to susceptible, infected, and recovered individuals, performing accurate analyses by data modeling based on vital and clinical signs, surveillance data, and infection-related biomarkers, and furthering hospital facility optimization in terms of intensive care unit bed allocation. Methods: The review software systems employed for article screening and quality evaluation were: AMSTAR, AXIS, DistillerSR, Eppi-Reviewer, MMAT, PICO Portal, Rayyan, ROBIS, and SRDR. Findings & value added: Deep and machine learning-based clinical decision support tools can forecast COVID-19 spread, confirmed cases, and infection and mortality rates for data-driven appropriate treatment and resource allocations in effective therapeutic and diagnosis protocol development, by determining suitable measures and regulations and by using symptoms and comorbidities, vital signs, clinical and laboratory data and medical records across intensive care units, impacting the healthcare financing infrastructure. As a result of heightened use of personal protective equipment, hospital pharmacy and medication, outpatient treatment, and medical supplies, revenue loss and financial vulnerability occur, also due to expenses related to hiring additional staff and to critical resource expenditures. Hospital costs for COVID-19 medical care, screening, treatment capacity expansion, and personal protective equipment can lead to further financial losses while affecting COVID-19 frontline hospital workers and patients
Algorithm · Economics · Machine learning · Computer Science · COVID-19 diagnosis using AI · Medicine · Artificial Intelligence
| Unique citing works | 4 |
|---|---|
| Citations per year | 2 |
| Citation span | 2024 - 2026 (3) |
| Citation velocity | current |
| Highly cited | No |
| Citation types | Neutral: 4 |