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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Perspective: Ethical challenges must be addressed with machine learning

Before healthcare providers go all-in with machine learning, the technology needs to align with safety and ethical standards, according to a recent perspective published in PLOS Medicine.

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New Duke center to support big data, machine learning in healthcare

The Duke University Pratt School of Engineering in Durham, North Carolina, has announced the launch of the Sherry and John Woo Center for Big Data and Precision Health. The center will support machine learning and data research projects and opportunities for Duke faculty and students globally.

NIPS slip: AI’s biggest conference has a name problem

There’s an ongoing debate about changing the name of AI’s most prominent conference that some say contribute to the field’s diversity issues and inspires sexual jokes, according to a report by Wired.

AMIA announces 2018 Signature Award winners

Eight people will be honored during this year’s American Medical Informatics Association annual symposium after winning the organization’s awards that recognize significant contributions in the field of informatics.

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Amazon Web Services joins NIH’s STRIDES Initiative

Researchers associated with the National Institutes of Health (NIH) will have more resources to access and analyze data thanks to a new partnership with Amazon Web Services (AWS).

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Despite Blockchain's potential in healthcare, trust remains an issue

Blockchain isn't just a buzzword in the healthcare industry. Nearly half (49 percent) of executives are developing, piloting or implementing blockchain projects within their healthcare companies, according to a survey by the PwC Health Research Institute.

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68 cataract patients left nearly blind after receiving injections of knockoff drug

Nearly 70 cataract patients are partially blind after receiving a knockoff version of a drug, according to a report by BuzzFeed News.

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TriMedx to buy Aramark’s healthcare tech division for $300M

On Monday, Sept. 17, Indianapolis-based TriMedx announced plans to buy the healthcare technologies division of Aramark Corporation for $300 million. The two companies have signed a definitive agreement and expect the transaction to be completed by the end of the year.

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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.