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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AHA lays out 7 ways AI will change the healthcare workforce

If the researchers behind a new report on AI in healthcare are right, the technology could cut nonclinical workers’ workload by 40% while also slashing clinical tasks by 33%.

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China still not leading in AI innovation despite $6B+ in startup funding

Contrary to popular perceptions, while much leading-edge innovation involving AI is coming out of China, the advances emanating from the Middle Kingdom are limited to just a few platform technologies and market segments.

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Machine learning company raises $22M to detect cancer sooner

Kheiron Medical Technologies, a London-based machine learning startup focused on helping radiologists detect cancer at an early stage, has raised $22 million in a Series A funding round.

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AI software company sees $15M investment infusion

Riverain Technologies, a provider of clinical AI software, is receiving a $15 million infusion of investment funding led by Ping An Insurance Company’s Ping An Global Voyager Fund.

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Jvion partners with Novant in new AI institute

Jvion, an AI-enabled prescriptive analytics company that aims to prevent harms, has joined ranks with integrated care network Novant Health to become the first member of the Novant Health Institute of Innovation & Artificial Intelligence.

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Is Apple eyeing healthcare AI? Big money seems to think so

International investment firm Morgan Stanley believes odds are strong that Apple will become a major player in healthcare AI, according to an article published Sept. 16 in AppleInsider.

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Mayo in it for the long haul with Google

The Mayo Clinic has selected Google Cloud to anchor its digital development over the next 10 years.

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Patients leery of medical AI

Healthcare consumers see AI-delivered healthcare as standardized and therefore neglectful of patients’ individual needs, which is one reason they tend to be less accepting of healthcare delivered by AI than that provided by humans.

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Around the web

Health Exec
These health systems have the biggest digital health portfolios

U.S. health systems are increasingly leveraging digital health to conduct their operations, but how health systems are using digital health in their strategies can vary widely.

Health Exec
Toylike robot pleases counseling clients where humanoid counterpart struggles to connect

When human counselors are unavailable to provide work-based wellness coaching, robots can substitute—as long as the workers are comfortable with emerging technologies and the machines aren’t overly humanlike.

Health Exec
Medsender, Patagonia Health team up to aid public health efforts against COVID-19

A vendor that supplies EHR software to public health agencies is partnering with a health-tech startup in the cloud-communications space to equip state and local governments for managing their response to the COVID-19 crisis.