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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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.

Software developer that offers conversational AI acquired for $1B

Minnesota-based multinational conglomerate 3M has acquired speech recognition software developer M*Modal for $1 billion, according to a report by the Pittsburgh Post-Gazette. M*Modal provides healthcare technology and conversational AI-powered systems for transcribing doctors’ verbal notes.

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5 challenges deep learning faces in medicine

Though the use of deep-learning techniques has the potential to change several areas of medicine, the technology faces numerous challenges before it can be applied more broadly, according to a viewpoint article published in JAMA Internal Medicine.

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Around the web

Cardiovascular Business
Q&A: MedAxiom CEO explores key trends in cardiologist, cardiovascular surgeon compensation

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.

Cardiovascular Business
Payment cuts and beyond: Key takeaways for cardiologists from the 2025 Medicare Physician Fee Schedule

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. 

AI in Healthcare
A modest proposal to rally AI regulators around a simple game plan

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.”