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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MaxQ AI’s ICH and stroke software to be available on Philips CT systems

MaxQ AI has announced that its AI-based intracranial hemorrhage (ICH) and stroke software will soon be integrated into Philips CT scanners.

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VIDA Diagnostics, TeraRecon announce new partnership

VIDA Diagnostics, a Coralville, Iowa-based medical imaging company, has announced a new distribution deal with TeraRecon.

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AI could add $14T to global economy—but work still remains

As more businesses begin to implement state-of-the-art technologies, one industry expert is predicting AI will boost the global economy by $14 trillion by the year 2035.

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Now hiring? Healthcare execs say AI will lead to more job opportunities

The continued evolution of AI will lead to more job opportunities in the healthcare industry, according to new survey of high-ranking executives. Investments in AI and the implementation of AI-focused strategies are both also on the rise.  

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Almost half of healthcare consumers ready to embrace medical AI

Some 46% of Americans are open to the idea of their physicians using AI to help make diagnoses.

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How to avoid malpractice suits stemming from AI utilization—or lack thereof

Physicians who reject an AI-based recommendation of established care guidelines in order to provide more personalized medicine are at heightened risk of being sued for malpractice should the patient be harmed.

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Erstwhile Google exec expects biology to accelerate AI—or vice versa

If the present time represents the advent of the AI Age, it also marks a golden age for biology. And the two will soon hungrily feed off one another, driving the next big thing in supercomputing.

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Northwell Health building EHR system

Northwell Health, a New York-based nonprofit health system, is building its own electronic health records system and leveraging AI to do it, Axios reported.

Around the web

Compensation for heart specialists continues to climb. What does this say about cardiology as a whole? Could private equity's rising influence bring about change? We spoke to MedAxiom CEO Jerry Blackwell, MD, MBA, a veteran cardiologist himself, to learn more.

The American College of Cardiology has shared its perspective on new CMS payment policies, highlighting revenue concerns while providing key details for cardiologists and other cardiology professionals. 

As debate simmers over how best to regulate AI, experts continue to offer guidance on where to start, how to proceed and what to emphasize. A new resource models its recommendations on what its authors call the “SETO Loop.”