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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Paige.AI names Leo Grady as CEO

Paige.AI, a startup that uses AI to diagnose and treat cancer, announced the appointment of Leo Grady, PhD, as its new CEO and a member of its board of directors. Paige.AI was recently named a top startup in CB Insight's third annual AI 100 list.

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AI in healthcare market to top $13 billion by 2025

Thanks to an increasing demand of AI technology for research and drug development, the AI in healthcare market size is expected to exceed $13 billion by 2025, according to a report by Global Market Insights.

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AI has ‘untapped potential’ for entrepreneurs

AI applications in healthcare are only just ramping up, allowing for an influx of entrepreneurs, according to a new report from Entrepreneur.

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Johnson & Johnson to acquire Auris Health for $3.4B

Johnson & Johnson announced its intent to acquire California-based Auris Health, a developer of robotic technologies, for $3.4 billion. The purchase will allow Johnson & Johnson to have access to Auris Health’s surgical robotic scope, which is used in respiratory procedures and lung cancer detection. 

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Pediatric AI company completes Series A financing

California-based Pr3vent Inc., an AI healthcare company, closed its Series A financing, spearheaded by venture capital firm InFocus Capital Partners. 

11 policy recommendations for AI’s role in healthcare

Though healthcare organizations have started to realize AI’s potential, a health coalition led by providers, payers and vendors has made 11 policy recommendations for the technology's role in the space.

Owkin, Arterys among 14 health companies named as top AI startups

More than a dozen healthcare AI companies—including Owkin and Arterys—have been named as top startups in CB Insight’s third annual AI 100 list.

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KenSci CEO on why AI is really 'assistive intelligence'

The rise of AI and machine learning in the healthcare market hasn’t gone unnoticed by KenSci, a Seattle-based company that offers an AI and machine learning platform for healthcare groups. The company has now raised an additional $22 million in hopes of growing along with the market.

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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.