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.

Ping An Global Voyager Fund invests in Airdoc

Ping An Insurance Company of China’s corporate venture fund is investing in AI medical solution company Airdoc, the company announced on Saturday, Jan. 12.

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Despite AI readiness, Middle East lags in adoption

Two-thirds of public citizens in the Middle East are ready to embrace AI in healthcare, while only 10 percent of businesses in the region are ready or have begun adopting the technology, according to a new report by PwC Middle East.

Healthcare orgs accelerating AI, big data investments

More than 75 percent of healthcare executive leaders said their organization is increasing the pace of investment in big data and AI, with a majority citing fear of disruption by competitors, according to a survey by NewVantage Partners.

Verily raises $1B in investment round

Verily, a subsidiary of Google parent company Alphabet, raised $1 billion in investment funding to support growth in strategic partnership investments, global business development opportunities and potential acquisitions, the company announced Jan. 3.

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HHS, industry leaders release voluntary cybersecurity practices for healthcare

Amid widespread concerns about hacking threats and privacy, HHS and industry leaders released voluntary cybersecurity practices to help protect healthcare organizations from threats and keep patient information safe.

AI in healthcare market to reach $36.1B by 2025

The AI in healthcare market is expected to grow from $2.1 billion in 2018 to $36.1 billion by 2025, according to a report by Markets and Markets.

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Newly-formed alliance for AI in healthcare to officially launch

The newly-formed Alliance for Artificial Intelligence in Healthcare will officially launch this month, with its first board meeting set for Jan. 9 in San Francisco.

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Top AI, clinical innovation stories of 2018

Here are AI in Healthcare’s top 10 AI and clinical innovation stories from 2018.

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.