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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Apple promotes Giannandrea to SVP of machine learning, AI strategy

John Giannandrea has been named Apple’s senior vice president of machine learning and AI strategy, the company announced Thursday.

Software developer that offers conversational AI acquired for $1B

Minnesota-based multinational conglomerate 3M has acquired speech recognition software developer M*Modal for $1 billion, according to a report by the Pittsburgh Post-Gazette. M*Modal provides healthcare technology and conversational AI-powered systems for transcribing doctors’ verbal notes.

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5 challenges deep learning faces in medicine

Though the use of deep-learning techniques has the potential to change several areas of medicine, the technology faces numerous challenges before it can be applied more broadly, according to a viewpoint article published in JAMA Internal Medicine.

AI, big data to have biggest impact on pharma in 2019

AI and big data to have the “greatest technology impact” in the pharmaceutical industry in 2019, according to a recent report by GlobalData.

How AI can improve EHR systems

Finding an electronic health record (EHR) system that works perfectly with a healthcare network’s preferred care delivery process is like finding a needle in a haystack. However, AI offers a solution to improve EHRs and make them more user-friendly for clinicians, according to the Harvard Business Review.

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MaxQ AI, EnvoyAI announce distribution agreement

The MaxQ AI Intracranial Hemorrhage (ICH) platform will now be available through the EnvoyAI Exchange marketplace following a new distribution agreement between the two companies.

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AMA: Industry must level the playing field to unlock potential of AI

Before the true potential of new technologies like AI can be realized, the healthcare industry must first address health disparities and implicit bias many patients face, American Medical Association (AMA) President-Elect Patrice A. Harris, MD, said in a recent viewpoint article.

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Most experts hopeful AI will have positive effect on humans

By 2030, a majority of experts believe humans will be better off because of AI and related technology systems, with many expressing optimism about the future of healthcare, according to a report by Pew Research Center.

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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.