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.

Health Catalyst secures $100M to expand machine learning solutions

Utah-based healthcare big data company Health Catalyst announced it has closed $100 million in Series F equity and debt funding. Financing will support the expansion of Health Catalyst’s technology and services offering for healthcare information. 

AI health tech company raises $3.1 million

Medicus AI GmbH, a Dubai-based technology company that uses AI to make health data more understandable, has raised about $3.1 million in a Series A funding round, according to information available on Crunchbase.

Thumbnail

3 ways to prepare for the AI takeover in healthcare

As healthcare continues to shift toward automation and AI, a new report from the Brookings Metropolitan Policy Program suggests a need for changes in both education and workplace culture for individuals to cope with the transition. 

Thumbnail

UN predicts surge of AI-based products

The United Nations (UN) is predicting several industries will see a wave of AI-based products and apps in the near future, after its latest report revealed more than 340,000 AI-related patent applications have been filed since the technology emerged in the 1950s.

M*Modal’s AI platform recognized for 'impact on healthcare'

M*Modal announced its conversational AI platform earned distinction for “delivering the broadest clinical, financial and operational impact on healthcare organizations” as part of the Best in KLAS: Software and Services report.

Thumbnail

Meditech, Nuance to provide AI-powered virtual assistants

Nuance Communications and Meditech have announced a partnership to provide AI-powered virtual assistants to ease clinician workflows.

Thumbnail

3 ways to solve the bias problem in AI

As AI systems leave laboratories and are implemented in real world settings, bias will continue to be “an increasingly widespread problem.” So how can it be solved? 

Thumbnail

Nearly half of 3M, M*Modal customers feel positive toward $1B acquisition

More than 40 percent of hospitals and other healthcare providers believe 3M’s $1 billion acquisition of M*Modal will have an overall positive impact in the market, according to a survey by Reaction Data.

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.