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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UCLA deploys Microsoft AI to synthesize data

UCLA Health is synthesizing vast amounts of data by deploying new Microsoft cloud computing services, Microsoft Azure, that will speed up medical discoveries and improve patient care.

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Trouble at UNC: State launches investigation into pediatric heart surgery program

Prompted by a New York Times deep-dive into elevated death rates at North Carolina Children’s Hospital, North Carolina’s secretary of health on May 31 called for an investigation into the hospital’s pediatric heart surgery unit.

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AI-focused precision medicine company raises $200M

Tempus, a Chicago-based precision medicine company that uses machine learning, genomic sequencing and other AI innovations, has raised $200 million in a series F funding round, the company announced.

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Cardiologist agrees to $5.8M settlement for implanting dozens of unnecessary stents

A seven-years long whistleblower lawsuit against Kansas cardiologist Joseph Galichia ended May 30 with a $5.8 million settlement, the Wichita Eagle reported.

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How board members should think about AI

With AI being a buzzword in healthcare, board members of organizations need to know how best to consider the technology.

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New president takes over at ISMRM

The International Society for Magnetic Resonance in Medicine (ISMRM) Board of Trustees also introduced the new editor of its Magnetic Resonance in Medicine journal.

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AFib market expected to reach $14.7B by 2026

The atrial fibrillation market is projected to reach $14.68 billion by 2026, according to recent estimates from market research company Reports and Data.

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AI lights the way for nurses looking to provide ‘extraordinary’ care

An AI analysis of hospital patients’ satisfaction with the care they received from their nurses has shown two things. One, the technology can guide nurses as they strive to optimize the hospital experience for patients and their families. Two, nurses can help advance AI in healthcare.