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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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.

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Which healthcare AI startups made a close watcher’s top 25 for 2020?

Several healthcare AI companies rank among the “top 25 machine learning startups to watch in 2020” in the view of a senior contributor at Forbes.com.

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Vendors hyping AI vs. COVID, but keep eyes open for real results

Sometimes there’s real progress behind the slick pitch.

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IBM formally partnering with expanding healthcare AI company

An AI-championing health-tech company whose name sounds like that of a consumer group has announced a formal partnership with the Big Tech corporation behind the AI-pioneering Watson technology.

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.”