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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3 ways to prepare for the AI takeover in healthcare

As healthcare continues to shift toward automation and AI, a new report from the Brookings Metropolitan Policy Program suggests a need for changes in both education and workplace culture for individuals to cope with the transition. 

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Funding in imaging AI companies surpasses $1.2B

Companies developing imaging solutions powered by AI raised nearly $580 million in 2018, according to a report from Signify Research.

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Post-Brexit trade policies could increase CVD mortality in England

Researchers predicted 12,400 additional deaths from cardiovascular disease (CVD) could occur in England between 2021 and 2030 if the United Kingdom severs preferential trading agreements with the European Union (EU) and prices of fruits and vegetables are impacted.

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GT Medical Technologies raises $10M for launch of FDA-cleared radiation therapy

GT Medical Technologies (GT MedTech) has raised $10 million in Series A funding to help support the launch of GammaTile Therapy, the company’s FDA-cleared radiation treatment developed for patients with recurrent brain tumors.

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Australia invests $375M for 50 MRI licenses

The Liberal National Government of Australia announced it is providing $375 million for 50 new MRI licenses at Medicare-eligible locations across the country, according to a recent release from the office of Greg Hunt, Australia’s Minister for Health.

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UN predicts surge of AI-based products

The United Nations (UN) is predicting several industries will see a wave of AI-based products and apps in the near future, after its latest report revealed more than 340,000 AI-related patent applications have been filed since the technology emerged in the 1950s.

M*Modal’s AI platform recognized for 'impact on healthcare'

M*Modal announced its conversational AI platform earned distinction for “delivering the broadest clinical, financial and operational impact on healthcare organizations” as part of the Best in KLAS: Software and Services report.

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GE now plans on selling nearly 50% of healthcare unit

General Electric (GE) has changed its original strategy and will now aim to sell nearly half of its healthcare unit, GE Healthcare, according to GE CEO Larry Culp.