The application of artificial intelligence (AI) to address complicated problems has received more attention in recent years. Similar to this, the use of artificial intelligence (AI) in healthcare is expanding and fundamentally altering how healthcare is delivered. Many other contexts, such as hospitals, clinical laboratories, and research centres, are using AI. Modern healthcare is being revolutionized by artificial intelligence, which is also advancing it via the use of technologies that can anticipate, comprehend, learn, and act, whether they are used to find novel correlations between genetic codes or to operate robots that help with surgery. It is capable of seeing subtle patterns that humans would utterly miss. The numerous contemporary uses of AI in the health industry are examined and discussed in this paper. The study specifically focuses on the three newest applications of AI in healthcare: AI-driven drug development, clinical trials, and patient care. According to the findings, pharmaceutical companies have profited from AI in healthcare by automating target identification and accelerating their drug discovery process.