Salesforce just announced new AI solutions for healthcare workers

Salesforce Inc just announced new artificial intelligence enabled solutions for healthcare workers. Its shares are pushing to the upside at writing.

Salesforce’s new AI tools will help reduce workload

The cloud company expects its new AI tools that it built on its Einstein 1 Platform to help reduce the administrative workload for healthcare workers.

Note that 64% of the physicians attributed feeling burned out to labour-intensive administrative tasks in a recent survey.

Salesforce is calling one of its new offerings “Einstein Copilot: Health Actions” while the other one will go by “Assessment Generation”.

The news arrives only days after $CRM reported its financial results for the fourth quarter that topped Street estimates. Salesforce stock is now up more than 20% versus the start of 2024.

$CRM’s new AI solutions will be available later this year

Salesforce expects to make “Assessment Generation” available this summer. “Einstein Copilot: Health Actions”, however, will take until the end of this year to be available for use.

All features and functionalities of its Einstein Copilot tool will also be in compliance with the HIPAA regulations in the coming months, the software giant added.

Last week, Stefan Slowinski of BNP Paribas told CNBC that $CRM was his top pick as a Gen AI pure-play. He still sees another 27% upside in Salesforce stock from here.

Their premium SalesCloud skew is about $330. They just announced their Einstein 1 skew at $500 that’s a 50% uplift. Obviously, they have confidence in that. So, I think that’s positive for AI trend.