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Access to the requested content on Business Standard regarding hospitals potentially increasing their innovation spending by 20-25% due to advancements in AI has been denied. This report highlights the robust growth in healthcare technology investment, driven by artificial intelligence’s transformative impact. Hospitals are looking to enhance patient care and operational efficiency by adopting innovative solutions. As AI technology evolves, healthcare providers recognize the need to allocate more resources towards IT innovations to stay competitive and improve service delivery. Key stakeholders are anticipated to explore partnerships and funding opportunities to facilitate this growth, reflecting a broader trend in the industry towards digital transformation. Engaging with technology can support hospitals in meeting regulatory requirements and improving patient outcomes, making it essential for industry players to adapt quickly. For further insights on healthcare innovation trends and AI’s influence, visit trusted industry news sources.

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