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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Imaging societies collaborate on new ‘ethics of AI’ guidelines

Representatives from a handful of major global imaging societies are collaborating on a “living document” that will outline a clearer set of ethics for the use of AI in radiology.

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AI-powered radiology worklist receives CE mark

Zebra Medical Vision (Zebra-Med), an Israel-based deep learning imaging analytics company, announced it was granted CE certification for two of its AI-based products intended to speed up clinical review and diagnosis. One is for pneumothorax in chest x-rays and the other helps radiologists detect brain bleeds in CT scans.

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UK government introduces AI ‘code of conduct’

The U.K. Department of Health and Social Care recently issued a new code of conduct for AI systems in an effort to ensure that only the topmost and safest AI-based systems are used by the National Health Service (NHS). 

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AI could add $15.7T to global economy by 2030

Though the use of AI is still in early stages, its wide-reaching potential is expected to be felt by all industries in the near future. The technology is expected to contribute up to $15.7 trillion to the global economy by 2030, according to a PwC global AI study.

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AI not a substitute for patient-physician relationship

AI continues to make strides in medicine, with an expected market size in excess of $13 billion by 2025. But physicians and medical school deans at the Imagine Solutions Conference in Naples, Florida, stressed there is no substitute for the patient-physician relationship. 

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Amazon exec: Use AI ethically

Taha Kass-Hout, senior leader of healthcare and AI at Amazon, recently noted the technology and e-commerce giant sees potential in developing healthcare-related AI tools. In an interview with STAT, Kass-Hout didn't divulge many secrets about Amazon's activities with AI, but did talk about certain areas of focus, noting researchers have uncovered “tangible uses of AI."

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Radiology group unveils draft of AI guidelines for healthcare

The Royal Australia and New Zealand College of Radiologists (RANZCR) recently unveiled a draft of ethical guidelines for the emerging use of machine learning and AI in medicine.

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Humana CMO: AI can revolutionize patient care

As the healthcare industry continues to embrace AI and unlock its potential, Humana Chief Medical Officer Roy Beveridge, MD, believes the technology will transform patient care.

Around the web

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.

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.

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.