The program aims to empower researchers and organizations with AI to improve the health of people and communities around the world.
The Health Secretary, Matt Hancock, announced £250m will be spent on boosting the role of AI within the health service.
The study, conducted by Olive AI, explored how hospital leaders aim to drive efficiency and reduce costs through investments in non-clinical technologies.
Among the working group members are companies such as AT&T, Doctor on Demand, Fitbit, Google, IBM, Osso VR, Philips, Samsung, Validic and Verizon.
The goal of the challenge is to unleash innovative solutions as CMS continues to move the healthcare system towards value.
The OWKIN Loop Network is comprised of 44 hospitals and research institutions across the US and Europe, including Cleveland Clinic and Mount Sinai.
It is a work of the researchers at the University of California at Berkeley's Radiology & Biomedical Imaging Department and the Big Data in Radiology group.
The two companies are working with the Parkinson's Center of Excellence at King's College Hospital in London to develop a software that can detect signs of Parkinson's within minutes.
The two companies showcased how ambient clinical documentation can make AI-powered virtual assistant capabilities widely available through Epic apps.
The partnership will focus on analyzing patterns from around 700,000 historical, de-personalized health records to develop machine learning algorithms.