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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Demand for AI, VR driving OR technology market toward $7B

Hospital operating rooms hoping to keep up with their competition during a forecasted $2.5 billion spending spree need to invest in integrating robotics to improve precision, virtual reality to inform pre-surgery planning and AI to analyze risks.

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Mount Sinai partners with Discovery in digital series featuring AI in healthcare

Mount Sinai Health System, a New York-based hospital network, is working on a series of digital news segments with Discovery’s Science Channel to reveal innovations in science and medicine, including AI.

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8 AI strategies the White House plans to pursue, push

Paralleling its drive for greater transparency in hospital and insurer pricing, the Trump Administration is calling for AI to be made more readily understandable in all industries using it, including healthcare.

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3 key points to consider before further advancing AI, big data in healthcare

A multidisciplinary task force of 14 European AI experts has come up with a set of broad guidelines for anyone using the technology to analyze big data in healthcare.

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Some experts are seriously wary of AI in healthcare

A Harvard Law School professor is warning that AI may be hazardous to the health of U.S. healthcare.

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Major companies selected in FDA's drug tracking blockchain pilot

IBM, along with KPMG, Merck and Walmart have been selected by the FDA to participate in a blockchain project that aims to improve the drug supply chain.

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Health-insurance technology company raises $205M in new funding round

A San Francisco-based startup that uses a proprietary machine-learning platform to identify the care needs of covered employees has raised $205 million to “address fundamental health insurance service issues that plague U.S. consumers and employers alike.”

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AI-focused therapeutics company raises $76M

BlackThorn Therapeutics, a clinical-stage neurobehaviorial health company, has raised $76 million in a Series B funding round, the company announced June 13.  

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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.