Monday, November 11, 2024

Federal News Network: HHS wants to use AI to help it ‘Buy Smarter’

“After a year and a half of development, the Department of Health and Human Services is ready to move its Buy Smarter Initiative into the production phase. Renamed “Reimagined — Buy Smarter,” it uses artificial intelligence to analyze large amounts of data to help with price comparisons and other money saving ideas…”

“In response, she said the department is leveraging new and emerging technologies such as artificial intelligence, robotics process automation and natural language processing. HHS spends $24 billion in goods and services every year to give its acquisition workforce “real-time, departmentwide data to consolidate requirements, get economies of scale and eliminate a lot of redundant contracts,” she said.”

“This year HHS will introduce 18 steps of technology for purchasers. The program has a $49 million multi-award Indefinite Delivery, Indefinite Quantity contract for a catalog of new and emerging technologies…” Read the full article here.

Source: HHS wants to use AI to help it ‘Buy Smarter’ – By Amelia Brust, May 17, 2019. Federal News Network.

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Jackie Gilbert
Jackie Gilbert
Jackie Gilbert is a Content Analyst for FedHealthIT and Author of 'Anything but COVID-19' on the Daily Take Newsletter for G2Xchange Health and FedCiv.

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