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.

Green Light

Notable regulatory approvals of emerging technologies over the past 30 days

Along with AI in its various iterations, the list may include virtual and augmented reality, 3D printing, robotics and other technologies currently changing healthcare delivery.

July 30, 2021
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AI chatbots spawned by COVID look to grow their niche

Going on a year and a half since its debut as a COVID symptom checker, one virtual health assistant is now trained on 17 million patient interactions. 

July 26, 2021
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US public OK with AI for heart, cancer, anxiety care—AI video pain monitoring, not so much

An online survey completed by more than 900 U.S. adults reveals an overall openness to AI for several scenarios in healthcare.

July 26, 2021
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Big Tech player promises big interoperability via new data engine

A Silicon Valley icon has debuted a healthcare-specific data engine aimed at collating actionable information from data siloes operating within hospitals and health systems.

July 22, 2021

Johnson & Johnson reaps higher profits

Johnson & Johnson reported higher profits for the second quarter of 2021, buoyed by higher medical device sales and sales of its COVID-19 vaccine.

 

July 21, 2021
IBM

Watson is alive, well and continuing IBM’s quest to help drive AI into healthcare

Reporter Steve Lohr interviewed IBM insiders and close observers en route to finding Watson’s current leadership evidently humbled, cautioned and determined to pursue more sober goals.

July 21, 2021
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Major medical school finds AI literacy lacking within its walls

At one of the largest medical schools in the U.S., less than a third of the students and only half the faculty are up to speed on healthcare-specific AI.

July 12, 2021
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University launches ‘first of its kind’ certification program in healthcare AI

Healthcare professionals looking to raise their AI game have a new chance to do so while earning CME credits as well as certification.

July 10, 2021

Around the web

In addition, cardiologists average an additional $75,000 per year in incentive-based bonuses. That number is only higher for two other specialties. 

CMS has issued its proposed rule for the 2025 Medicare hospital inpatient prospective payment system, suggesting a payment increase of 2.6%. According to the American Hospital Association, this update would not be enough at a time when hospitals are already struggling to stay open. 

The rumors, it seems, were true. Once the deal is finalized, Shockwave Medical will operate as a business unit within Johnson & Johnson MedTech.

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