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.

Notable regulatory approvals of emerging technologies over the past 30 days

Along with AI in its various iterations, the list may include virtual and augmented reality, 3D printing, robotics and other technologies currently changing healthcare delivery.

AI chatbots spawned by COVID look to grow their niche

Going on a year and a half since its debut as a COVID symptom checker, one virtual health assistant is now trained on 17 million patient interactions. 

US public OK with AI for heart, cancer, anxiety care—AI video pain monitoring, not so much

An online survey completed by more than 900 U.S. adults reveals an overall openness to AI for several scenarios in healthcare.

Big Tech player promises big interoperability via new data engine

A Silicon Valley icon has debuted a healthcare-specific data engine aimed at collating actionable information from data siloes operating within hospitals and health systems.

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Johnson & Johnson reaps higher profits

Johnson & Johnson reported higher profits for the second quarter of 2021, buoyed by higher medical device sales and sales of its COVID-19 vaccine.

 

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Watson is alive, well and continuing IBM’s quest to help drive AI into healthcare

Reporter Steve Lohr interviewed IBM insiders and close observers en route to finding Watson’s current leadership evidently humbled, cautioned and determined to pursue more sober goals.

Major medical school finds AI literacy lacking within its walls

At one of the largest medical schools in the U.S., less than a third of the students and only half the faculty are up to speed on healthcare-specific AI.

University launches ‘first of its kind’ certification program in healthcare AI

Healthcare professionals looking to raise their AI game have a new chance to do so while earning CME credits as well as certification.

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.”