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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Healthcare orgs accelerating AI, big data investments

More than 75 percent of healthcare executive leaders said their organization is increasing the pace of investment in big data and AI, with a majority citing fear of disruption by competitors, according to a survey by NewVantage Partners.

Verily raises $1B in investment round

Verily, a subsidiary of Google parent company Alphabet, raised $1 billion in investment funding to support growth in strategic partnership investments, global business development opportunities and potential acquisitions, the company announced Jan. 3.

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HHS, industry leaders release voluntary cybersecurity practices for healthcare

Amid widespread concerns about hacking threats and privacy, HHS and industry leaders released voluntary cybersecurity practices to help protect healthcare organizations from threats and keep patient information safe.

AI in healthcare market to reach $36.1B by 2025

The AI in healthcare market is expected to grow from $2.1 billion in 2018 to $36.1 billion by 2025, according to a report by Markets and Markets.

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Newly-formed alliance for AI in healthcare to officially launch

The newly-formed Alliance for Artificial Intelligence in Healthcare will officially launch this month, with its first board meeting set for Jan. 9 in San Francisco.

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Stroke patient billed $474K for medical flight

A 34-year-old stroke patient was stuck with a bill for nearly a half-million dollars after taking a flight from Wichita, Kansas, to Boston to see a neurosurgeon.

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Top AI, clinical innovation stories of 2018

Here are AI in Healthcare’s top 10 AI and clinical innovation stories from 2018.

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Apple promotes Giannandrea to SVP of machine learning, AI strategy

John Giannandrea has been named Apple’s senior vice president of machine learning and AI strategy, the company announced Thursday.

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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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