AI Index Funds
AI-Enhanced Healthcare Administration Fund

Index Performance

+4.29%
AI-Enhanced Healthcare Administration Fund
+0.16%
TMLARGE

Overview

Description

The adoption of AI in Healthcare Administration is being driven by the need for increased efficiency, cost reduction, and improved patient outcomes. Healthcare organizations are contending with mounting administrative burdens due to regulatory compliance, data management, and operational inefficiencies. AI technologies, including machine learning, natural language processing, and robotic process automation, offer transformative potential by automating routine tasks, optimizing resource allocation, and improving decision-making processes. The integration of AI can lead to more accurate patient record-keeping, streamlined billing and coding procedures, intelligent scheduling, and enhanced patient engagement by reducing wait times and administrative overhead. Increased data interoperability and enhanced analytic capabilities enable predictive insights, thereby ensuring proactive rather than reactive management within healthcare administration. - [[AI-driven Medical Coding Solutions]]: Tools that leverage AI to automate and optimize the medical coding and billing process, reducing errors and administrative costs. - [[Predictive Analytics for Hospital Operations]]: AI-powered analytic platforms designed to predict patient influx, optimize staff scheduling, and manage hospital resources efficiently. - [[Natural Language Processing for Medical Records]]: AI applications utilizing NLP to manage and simplify the documentation and retrieval of patient records. - [[Robotic Process Automation in Healthcare Administration]]: Implementing RPA to handle repetitive administrative tasks, such as appointment scheduling, claims processing, and data entry. - [[Patient Engagement Solutions with AI]]: Technologies aimed at enhancing patient interactions through personalized communication, virtual assistants, and AI chatbots to improve patient satisfaction and adherence. This index was generated with help from Thematic Analyst.

  • Inception Date06/05/2024
  • WeightingEqual
  • # of holdings24
What's inside?

Holdings

All holdings as of June 12, 2024
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Oracle Corp. (ORCL)4.74%$340.49B6.02%65.72%7.69
Innodata, Inc. (INOD)4.47%$440.49M40.69%36.05%2.10
OptimizeRx Corp. (OPRX)4.32%$207.36M51.43%56.56%3.09
CDW Corp. (CDW)4.27%$30.15B-4.51%21.82%1.90
MAXIMUS, Inc. (MMS)4.26%$5.16B11.73%21.95%1.25
Doximity, Inc. (DOCS)4.24%$3.67B13.45%89.34%10.07
RadNet, Inc. (RDNT)4.21%$4.52B10.53%2.72%2.76
CorVel Corp. (CRVL)4.20%$4.03B10.68%18.29%5.64
Perficient, Inc. (PRFT)4.18%$2.61B-6.96%30.79%2.67
Leidos Holdings, Inc. (LDOS)4.18%$19.44B7.46%16.05%1.43
DHC Acquisition Corp. (DHCA)4.18%$146.80MN/A-135.68%N/A
Abbott Laboratories (ABT)4.18%$184.07B2.23%50.40%5.13
Cognizant Technology Solutions Corp. (CTSH)4.17%$33.30B-1.08%31.16%1.84
Palantir Technologies, Inc. (PLTR)4.17%$50.81B20.78%81.67%22.13
Medtronic Plc (MDT)4.17%$107.46B3.64%60.59%3.81
GE Healthcare Technologies, Inc. (GEHC)4.12%$34.12B-1.21%41.23%2.51
IQVIA Holdings, Inc. (IQV)4.11%$39.27B2.89%27.59%3.90
Premier, Inc. (PINC)4.10%$1.94B6.32%60.73%2.36
UnitedHealth Group, Inc. (UNH)4.10%$456.71B8.56%N/A1.42
Quest Diagnostics, Inc. (DGX)4.06%$15.64B1.50%31.91%2.14
Nano-X Imaging Ltd. (NNOX)4.01%$427.56M4.33%-84.25%50.02
Clover Health Investments Corp. (CLOV)3.98%$418.99M-34.36%N/A0.21
Accolade, Inc. (ACCD)3.95%$503.83M14.09%34.67%1.86
HeartBeam, Inc. (BEAT)3.64%$60.03MN/AN/AN/A
Market data by FactSet