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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Report: United States needs a national AI strategy

The United States could fall behind in the AI revolution if the country does not adopt a national strategy, according to a report by the Center for Data Innovation.

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Several healthcare startups named as finalists for IBM Watson's AI competition

Thirty teams are advancing in IBM Watson’s international AI competition, with healthcare startups making up more than half of the top 10 finalists.

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RSNA 2018: Challenges and benefits of using AI in radiologists' workflows

One size does not fit all when it comes to adopting AI into radiologists' workflows. That’s the message Penn Medicine physician William W. Boonn, MD, encouraged radiologists, developers and vendors to remember while speaking during the annual RSNA meeting in Chicago.

Amazon announces new HIPAA eligible machine-learning service

Amazon Web Services (AWS) is continuing its push into the healthcare industry after unveiling its latest HIPAA eligible machine-learning service.

AI healthcare IT market expected to cross $1.7B in 2019

The market for AI healthcare IT applications is expected to cross $1.7 billion by the end of next year, according to a report by Forbes.

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Healthcare orgs investing big in AI, expect positive returns

Healthcare executives and organizations are extremely confident AI will be the solution to several problems within the industry. They're so confident, in fact, organizations are expected to invest an average of $32.4 million each in AI over the next five years, according to a recent survey of healthcare executives.

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Can AI make doctors obsolete? Yes and no

In a head-to-head commentary piece recently published in The BMJ, three researchers argued if AI's impact could eventually cause physicians to become obsolete.

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Harvard: AI may help solve healthcare's red-tape problem

Artificial intelligence may help stop the “downward spiral in productivity” in the healthcare system that has been plagued by labor-intensive, inefficient administrative tasks, according to an article in the Harvard Business Review.

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.