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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AI emerging as healthcare leaders’ top toolset for reducing risk

Healthcare leaders working for provider organizations and medical societies see AI as the best emerging technology for reducing risk. Meanwhile they see online media as the riskiest technology.

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Editor’s pick: 8 data-driven healthcare trends to watch

AI, blockchain and mHealth apps specific to Big Data are among eight emerging technologies healthcare watchers would do well to keep an eye on, according to a consumer-friendly roundup published Aug. 7 in the Santa Clarita Valley Signal. 

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Siemens Healthineers acquires Corindus for $1.1B in cash

Corindus Vascular Robotics on August 8 announced it had entered a definitive merger agreement with Siemens Healthineers, which will reportedly acquire Corindus for a price of $1.1 billion.

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Undaunted by the unknown, hospital leaders leaping into nonclinical AI

Only half of hospital leaders are conversant in AI and robotic process automation (RPA) technologies aimed at achieving nonclinical efficiencies. However, 23% want to invest in the technologies today and some 50% say they’ll do so by 2021.

AI in healthcare funding hits new high

The first half of the year has been good to the healthcare space for those startup companies looking for funding, as the sector has seen a record influx of cash, according to a recent report from CB Insights.

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Cardiologists sue CBS for defamation, negligence

A court case from half a decade ago reemerged this month after Kentucky-based cardiologists Satyabrata Chatterjee and Ashwini Anand filed a lawsuit against CBS, which featured their case in an August 2018 episode of “Whistleblower."

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AI startup company raises $550M

An AI health services startup company based in the U.K has raised a whopping $550 million in a recent series C funding round. The company, Babylon Health, developed a chatbot used by the National Health Service in the U.K. and is now valued at more than $2 billion.

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Elderly at risk of falling cool-headedly watched by AI

An AI-enabled system for detecting seniors’ falls on video monitors has cut unnecessary use of EMT and emergency services by 80% in a pilot study.