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.

AI calibrates drug advertising for stronger sales, better outcomes

A healthcare AI startup has introduced software that will let drugmakers market their wares directly to individual consumers without uncovering anyone’s actual identity.

Will COVID-19 give AI the stage it’s been needing?

The COVID-driven push to get people working from home en masse is giving AI a chance to rise above its own hype.

Healthcare AI stocks will ‘mint the world’s first trillionaire,’ investment pro predicts

“The fusion of AI and healthcare is one of the most lucrative opportunities I’ve come across in my entire career,” writes the founding partner and CEO of an investment research firm.

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In wake of George Floyd’s death, cardiovascular groups denounce ‘incidents of racism and violence’

The Association of Black Cardiologists, American Heart Association and American College of Cardiology have collaborated on a joint statement that touches on the death of George Floyd and its connection to the cardiovascular health of racial minorities in the United States.   

5G innovation lab opens to support AI development, edge computing, more

The lab’s leaders are pledging to support innovators in various industries—including healthcare—who will have a hand in the rise of 5G technology.

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Gartner: 5 areas ripe for better COVID decision-making through AI in healthcare

The research and advisory firm says these are the areas likely to yield the biggest bang for the AI buck when it comes to making better decisions on how to deal with the pandemic.

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Google’s healthcare API has its ‘first and only’ supplier of MFT software

Coviant Software is announcing it has become the first and only supplier of managed file transfer (MFT) software to fully support Google Cloud’s newly opened healthcare API for data exchange.

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HeartVista raises $8.65M for AI-powered MRI solutions, will offer free services during pandemic

The AI specialists have now raised $16.35 million overall.

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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