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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Did Philips know about bribery scheme related to imaging sales?

News broke in May that Philips, Johnson & Johnson, Siemens AG and General Electric (GE) were under investigation for allegedly paying kickbacks to government officials in Brazil to secure medical equipment contracts.

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Researchers are trying to make AI a force for good

A team of researchers from New York University are dedicating work to ensure that AI remains a force for good as the technology becomes more prevalent across many industries––including healthcare.

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Healthcare AI’s slow progress from concept to clinic: an ‘inconvenient truth’

Few healthcare AI models introduced in the medical literature during the present AI research boom can be used in actual patient care.

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Google AI founder placed on leave

A co-founder of Google’s AI business DeepMind has been placed on leave following controversy over some of his projects, Bloomberg reported.

 

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ARRT wins $10K in trademark lawsuit

The American Registry of Radiologic Technologists (ARRT) has won a lawsuit against Corey L. Cox for misrepresenting its trademarked credentials.

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ACR submits comments supporting Patients Over Paperwork initiative

The American College of Radiology (ACR) submitted comments Aug. 12 to CMS indicating its support for reducing administrative burden through the Patients over Paperwork initiative.

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3 ways a pediatric radiology labor shortage could make an impact

Demand for pediatric radiologists is currently outpacing the supply, according to a new analysis published in the Journal of the American College of Radiology. What could this trend mean going forward?

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When Google’s DeepMind bleeds money, should all AI stakeholders worry?

DeepMind Technologies Ltd., the Google/Alphabet-owned elephant in the AI research room, has lost more than $1 billion over the past three years. And it owes another billion to creditors who’ll be looking for their money back, with interest, over the next year or so.