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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Dental company with machine learning focus raises $11M

A Los Angeles-based startup, GumGum, has raised $11 million in financing and spun out a new healthcare startup focused on the dental industry, according to TechCrunch.

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AI needs more diversity to avoid data bias

AI has the potential to disrupt the healthcare industry and improve healthcare outcomes of patients through faster diagnosis and more accurate, targeted treatment. But how AI algorithms are trained needs some improvement, according to Naga Rayapati, founder and CEO/CTO at online marketplace GoGetter, which penned an article for Forbes.

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Report: Understanding AI in healthcare essential to stop fake news

It is well known that AI has the potential to upend several areas of medicine, including targeted treatment and diagnostics. However, a lack of knowledge about AI in the healthcare space could have a negative effect, through the spread of misinformation––and fake news.

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Health companies launch FDA-approved blockchain pilot

A pilot that aims to study the use of blockchain-enabled data technology to track and verify specialty prescription drugs has been approved by the FDA.

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AI-enabled Ablacon raises $21.5M in funding round

Ablacon, a Colorado-based company leveraging AI to develop an advanced mapping system to aid in the treatment of atrial fibrillation, has raised $21.5 million in a Series A funding round, the company announced.

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The future of AI will be dictated by just 9 global companies

The future direction of AI research and development will fall into the hands of just nine global companies—three from China and six from the U.S.—Forbes reported April 10.

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Partners HealthCare announces 12-month AI software rollout

Boston-based medical network Partners HealthCare will be rolling out new software and support services over the next 12 months with the goal of involving more physicians and health experts in AI research.

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Google, FitBit, others join CTA’s new initiative on AI in healthcare

More than 30 major companies and organizations including Google, FitBit and the Federation of State Medical Boards announced April 4 they’re joining the Consumer Technology Association’s (CTA) new initiative on AI in healthcare.

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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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