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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New Duke center to support big data, machine learning in healthcare

The Duke University Pratt School of Engineering in Durham, North Carolina, has announced the launch of the Sherry and John Woo Center for Big Data and Precision Health. The center will support machine learning and data research projects and opportunities for Duke faculty and students globally.

NIPS slip: AI’s biggest conference has a name problem

There’s an ongoing debate about changing the name of AI’s most prominent conference that some say contribute to the field’s diversity issues and inspires sexual jokes, according to a report by Wired.

AMIA announces 2018 Signature Award winners

Eight people will be honored during this year’s American Medical Informatics Association annual symposium after winning the organization’s awards that recognize significant contributions in the field of informatics.

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Amazon Web Services joins NIH’s STRIDES Initiative

Researchers associated with the National Institutes of Health (NIH) will have more resources to access and analyze data thanks to a new partnership with Amazon Web Services (AWS).

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Despite Blockchain's potential in healthcare, trust remains an issue

Blockchain isn't just a buzzword in the healthcare industry. Nearly half (49 percent) of executives are developing, piloting or implementing blockchain projects within their healthcare companies, according to a survey by the PwC Health Research Institute.

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68 cataract patients left nearly blind after receiving injections of knockoff drug

Nearly 70 cataract patients are partially blind after receiving a knockoff version of a drug, according to a report by BuzzFeed News.

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TriMedx to buy Aramark’s healthcare tech division for $300M

On Monday, Sept. 17, Indianapolis-based TriMedx announced plans to buy the healthcare technologies division of Aramark Corporation for $300 million. The two companies have signed a definitive agreement and expect the transaction to be completed by the end of the year.

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Cigna venture fund to invest in innovative healthcare companies

Cigna is launching a venture fund that will be dedicated to investing in companies with innovative and transformative plans for 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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