Economics

This channel highlights factors that impact hospital and healthcare economics and revenue. This includes news on healthcare policies, reimbursement, marketing, business plans, mergers and acquisitions, supply chain, salaries, staffing, and the implementation of a cost-effective environment for patients and providers.

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AI software company sees $15M investment infusion

Riverain Technologies, a provider of clinical AI software, is receiving a $15 million infusion of investment funding led by Ping An Insurance Company’s Ping An Global Voyager Fund.

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Jvion partners with Novant in new AI institute

Jvion, an AI-enabled prescriptive analytics company that aims to prevent harms, has joined ranks with integrated care network Novant Health to become the first member of the Novant Health Institute of Innovation & Artificial Intelligence.

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Is Apple eyeing healthcare AI? Big money seems to think so

International investment firm Morgan Stanley believes odds are strong that Apple will become a major player in healthcare AI, according to an article published Sept. 16 in AppleInsider.

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Mayo in it for the long haul with Google

The Mayo Clinic has selected Google Cloud to anchor its digital development over the next 10 years.

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Patients leery of medical AI

Healthcare consumers see AI-delivered healthcare as standardized and therefore neglectful of patients’ individual needs, which is one reason they tend to be less accepting of healthcare delivered by AI than that provided by humans.

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AI finding a foothold in healthcare marketing

While much of the attention paid to AI in healthcare has focused on applications to improve care and the administration thereof, industry players have quietly begun tapping the technology to boost sales of their healthcare wares.

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Wearables market to hit $54B in 2023

The wearable technology market reached $23 billion in 2018 and is projected to more than double to $54 billion by 2023, according to a new report from GlobalData.

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Infosys teams up with Univ. of Illinois in precision medicine play

Digital services and consulting company Infosys has teamed up with the University of Illinois Urbana-Champaign (UIUC) have formed a partnership to develop new technologies and systems in precision medicine.

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Around the web

Cardiovascular Business
Cardiologist compensation still rising, especially in invasive and interventional cardiology

Updated compensation data includes good news for multiple subspecialties. The new report also examines private equity's impact on employment models and how much male cardiologists earn compared to females.

Cardiovascular Business
FDA’s tirzepatide decision creates uncertainty for patients—and leads to a lawsuit

When drugs are on the FDA’s shortage list, outsourcing facilities can produce their own compounded versions. When the FDA removed tirzepatide from that list with no warning, it created a considerable amount of chaos both behind the scenes and in pharmacies all over the country. 

Cardiovascular Business
Cardiology groups cheer new bill that would improve access to Medicare claims data

If passed, this bill would help clinician-led clinical registries explore Medicare data for research purposes. The Society of Thoracic Surgeons and American College of Cardiology both shared public support for the bipartisan legislation. 

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