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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How board members should think about AI

With AI being a buzzword in healthcare, board members of organizations need to know how best to consider the technology.

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AI lights the way for nurses looking to provide ‘extraordinary’ care

An AI analysis of hospital patients’ satisfaction with the care they received from their nurses has shown two things. One, the technology can guide nurses as they strive to optimize the hospital experience for patients and their families. Two, nurses can help advance AI in healthcare.

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Comcast working on its own voice technology for in-home monitoring

Comcast is venturing into the health business with a new technology that aims to monitor people’s health at home, CNBC reported. The device has been likened to Amazon’s AI-powered voice technology Alexa.

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AI insights company founded by Stanford professors raises $22M

An AI-enabled health insights company, Cardinal Analytx Solutions, has raised $22 million in a series B funding round.

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Hopes, concerns emerge on healthcare AI for the elderly and people with disabilities

Physicians considering new technology for their practices tend to ask one or more of four questions before moving ahead: Does it actually work? Will I get paid for it? What are the liability issues? And will it work in my practice environment?

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AI company Health at Scale raises $16M

A San Jose-based company focused on machine learning for care optimization, Health[at]Scale, has raised $16 million in a Series A funding round, with Optum as its sole investor.

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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.

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.”