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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Clearwater, Digital Reasoning ink 3-year cyber risk partnership for AI-powered solutions

Clearwater Compliance and Digital Reasoning have announced a three-year “Cyber Risk Services” partnership enabling providers to understand the results of AI-powered solutions, using a cybersecurity and HIPAA compliance program.

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IBM, Aetna, healthcare companies to create blockchain network

IBM, Aetna, Anthem, Health Care Service Corporation and PNC Bank are working together to design and create a blockchain network to improve transparency and interoperability in the healthcare industry, the companies announced.

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International companies leverage AI to boost disease awareness

Tencent, a Chinese multinational investment holding conglomerate, and Merck KGaA, a German-based pharmaceutical, life sciences and technology company, are collaborating to increase disease awareness and provide more accessible healthcare services via digital platforms in China by leveraging AI and big data.

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Execs rank AI, digital health as top priorities for 2019

The majority of technology vendors––75 percent––believe advanced analytics and AI will be among the top areas of focus for healthcare companies in 2019, according to a survey by Damo Consulting.

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AI in healthcare alliance launches, announces officers

The Alliance for Artificial Intelligence in Healthcare (AAIH) has officially launched after the board of directors held the organization’s inaugural meeting Jan. 9 in San Francisco.

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VC funding in digital health reaches $9.5B in 2018

It was a record-breaking year for global venture capital (VC) funding in digital health, with more than $9.5 billion raised in 698 deals for 2018, according to a report by Mercom Capital Group. The previous record was set last year, with $7.2 billion raised in 778 deals.

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Healthcare spending on wearables to reach $60B by 2023

Healthcare spending on wearables is expected to reach $60 billion by 2023 as the technology becomes more popular within the medical industry, according to a recent report by Juniper Research.

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Change Healthcare, Health Fidelity partner on AI solution for risk adjustment coding

Change Healthcare and Health Fidelity are partnering to offer a risk adjustment coding solution that uses natural language processing (NLP) and machine learning to increase claim accuracy and address compliance issues, the companies announced Monday, Jan. 14.

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.