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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Nuance hands off 2 business units, leans hard into conversational AI

A new company called DeliverHealth Solutions is forming to service clients of Nuance’s HIM transcription and EHR go-live businesses.

Surprise medical bills cost younger adults more

Millennials are feeling the pain of surprise medical bills more acutely than the generations that preceded them.

Life sciences going all in with AI, with many companies spending upwards of $50M—and counting

The COVID crisis will spur leaders of life sciences companies around the world to focus on longstanding pain points that AI could help alleviate. And the execs are looking to put their money where their responses are.

3 recent notable approvals of medical AI

Along with AI, this ongoing list includes regulatory clearances of virtual and augmented reality, 3D printing and other emerging technologies targeted for healthcare.

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Microsoft finetuning anti-pandemic technologies in a ‘stimulating playground for algorithm development’

A university, health system and tech giant are piloting the use of deep learning with IoT and edge computing to block COVID-19 from infiltrating a 548-bed hospital.

Hopes in AI running high among healthcare executives

Almost twice as many healthcare leaders anticipate a fairly fast return on their AI investment than had that expectation two years ago—59% now vs. 31% then. And only 5% aren’t currently recruiting workers with skills to help make it happen.

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Radiology’s average salary ranks 10th among specialties, with overall physician compensation holding steady

San Francisco-based Doximity surveyed nearly 44,000 U.S. doctors between 2019 and 2020 for its fourth annual Physician Compensation Report.

Hospitals in the crosshairs of bad actors brandishing ransomware

The cybersecurity arm of the Department of Homeland Security is urging hospitals and other healthcare providers to brace for ransomware attacks during the present surge of COVID-19 cases.

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.”