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 might improve healthcare for some, not all

AI in healthcare has long been touted as an innovative technology that will accelerate care treatments and even replace some tasks performed by clinicians. But its impact might be inequitable in the future. 

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Amazon teams up with Cerner in AI move

Cerner, a global health platform, has teamed up with Amazon Web Services, a subsidiary of Amazon that offer cloud computing platforms, to accelerate healthcare solutions and AI in healthcare.

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AI in the mix as NIH continues seeking health apps to fund

NIH funding opportunities remain numerous for innovators who apply evidence-based medical science to their proposals for smartphone apps, and the agency isn’t hesitant to get behind AI-based approaches.

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CMS extends AI healthcare outcomes challenge judging period due to high interest

After receiving “overwhelming interest” in a recent AI in healthcare challenge, CMS extended is judging period, the agency announced August 1.

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‘Emotional AI’ helps plastic surgeons give service lines a facelift

Plastic surgeons can apply “emotional AI” algorithms to social media as a way of predicting which specific services will bring in business, according to a study running in the August edition of Plastic and Reconstructive Surgery.

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Blockchain could be the great cost, time saver in healthcare

Healthcare organizations and providers are facing more pressures than ever, from regulatory strains to financial squeezes. Blockchain is one area that can act as a major time and cost saver for healthcare organizations, according to a recent report from JPMorgan Chase.

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Precision medicine alliance launches

Siemens Healthineers and the University of Missouri System have teamed up to launch a new initiative to transform healthcare delivery with precision medicine with its Alliance for Precision Health. The alliance will focus on cancer, Alzheimer’s disease, cardiovascular disease and more.

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Open for input: AI in Healthcare 2019 Leadership Survey

Seeking to gather and share data on the state of AI in healthcare, AI in Healthcare has opened its inaugural leadership survey. Questions cover how healthcare organizations are paying for AI, whether they’re buying or building their AI-enabled solutions, where AI’s potential is already being realized—and more. Take the survey.

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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.