Artificial Intelligence, or AI, is revolutionizing our lives in various unimaginable ways and it is also invading healthcare while focusing on every aspect of it from delivering personalized wellness to diagnoses and even the revenue cycle. Today, the healthcare system is transforming from volume-based care to value-based care, so we see related advancements in applications that are based on AI. Though there is no agreed definition of AI, the term refers to computing technologies that help to perform various tasks that are associated with human intelligence. While we debate about the benefits and drawbacks of substituting humans and using machines, there is one area where AI has definitely left a positive impact and will surely improve the quality and the lives of people: the healthcare industry. Whether it is a hospital, medical group, pharmaceutical company, health plan or a medical device manufacturer, the focus in the coming few years will be more on the data-driven solutions and patient-specific innovative technologies that can improve the quality of care services while reducing the operating costs.