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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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.

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High-tech ‘mission control center’ helps hospital system run like NASA

An eight-hospital health system in the Pacific Northwest has set up an AI-based “mission control center” to manage patient capacity, bed availability, hospital transfers and patients’ health status.

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Illinois becomes 1st state to mandate EpiPen coverage for kids

Illinois Gov. JB Pritzker signed House Bill 3435 this month, CNN reported—a law that will require insurance companies to cover all costs of EpiPen injections for anyone under 18 years old.