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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Novartis enlists Microsoft to speed AI implementation

In a move closely partnering big pharma with big tech, Novartis and Microsoft have jointly announced a strategic alliance.

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Survey finds human-resources leaders turning to AI in force

Leaders of HR departments are looking to AI for help improving the employee experience. As part of the effort, some 59% are considering or already adding virtual employee assistants like chatbots.

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AHA lays out 7 ways AI will change the healthcare workforce

If the researchers behind a new report on AI in healthcare are right, the technology could cut nonclinical workers’ workload by 40% while also slashing clinical tasks by 33%.

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China still not leading in AI innovation despite $6B+ in startup funding

Contrary to popular perceptions, while much leading-edge innovation involving AI is coming out of China, the advances emanating from the Middle Kingdom are limited to just a few platform technologies and market segments.

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Machine learning company raises $22M to detect cancer sooner

Kheiron Medical Technologies, a London-based machine learning startup focused on helping radiologists detect cancer at an early stage, has raised $22 million in a Series A funding round.

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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.

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.”