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.

Legal battle brewing over AI’s potential status as a ‘nonhuman inventor’

If humans and only humans can be named inventors on U.S. patent applications, some AI developers are going to be disincentivized from innovating.

Machine learning helps explain, quantify differences between men’s and women’s soccer

Women soccer players have either better ball-recovery skills than men or worse ball retainment. Either way, the result is a “more fragmented game” in women’s soccer.

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Radiologists among the most in-demand health workers, earning No. 5 highest starting salary

The specialty came in just below non-interventional cardiologists' $446K average and well-behind invasive heart docs' whopping $611K.

AI finds ‘diamonds in the rough’ among rejected residency applicants

Medical educators have used machine learning to reconsider—and ultimately select—some 20 qualified residents who had been screened out by human reviewers at their institution.

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Homecare acquisition creates $2B business

Honor, a private duty homecare company, has acquired Home Instead, one of the largest in-home care providers in the U.S. The combined companies are worth $2.1 billion.

Consumer acceptance of medical AI coming into focus

Patients are strongly inclined to follow treatment instructions that combine innovative AI recommendations with a physician’s reassuring presence.

How and when FDA assesses the clinical competency of healthcare AI

True or false? Each time a software developer significantly updates an FDA-approved Software as a Medical Device product, the SaMD faces possible re-review by the agency.

USA the priciest place in the West for getting older with ailments

It costs more to care for a chronically ill older person in the U.S. than in any of 11 Western countries, according to an analysis authored by researchers from each of the 11 and published Aug. 5 in Health Services Research.

Around the web

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.

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. 

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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