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.

From the Googleplex comes a free AI tool for skin diagnostics

Google Health is launching a free app that uses AI trained on more than 16,000 clinical dermatology cases and can identify hundreds of skin conditions, including cancers, with accuracy comparable to that of board-certified dermatologists in the U.S.

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FDA nods to breast cancer AI, knee replacement 3D

A medical AI startup focused on breast cancer diagnostics has uncloaked from stealth mode, appointing an MD as CEO and concertedly promoting its initial software offering seven months after the FDA approved the product.

Walmart acquires telehealth provider MeMD

Walmart is advancing its healthcare capabilities with the acquisition of telehealth provider MeMD.

2 ultrasound AI systems cleared for market

The FDA has approved an AI tool for speeding thyroid sonography workflows while, across the Atlantic, the European Union has OK’d an AI-based ultrasound device that guides nerve blocking as a form of local anesthesia

3 medical AI systems clear regulatory hurdles

The last two weeks saw market clearances granted in Europe for AI-based software focused on remote patient monitoring, prostate oncology and real-time guidance of coronary stenting.

Total knee AI/AR cleared for sales in the US

The FDA has granted 510(k) clearance to a French startup for surgery software that combines AI with augmented reality and computer vision.

9 healthcare outfits named among Forbes’s ‘top AI companies to watch’ in 2021

Forbes is out with its third annual AI 50, and almost a fifth of the field works in healthcare.

Medical AI company Caption Health appoints new CEO

Steve Cashman has been named CEO and president of the Brisbane, California-based organization, effective April 14.

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.”