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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Interpretable machine learning helps improve patient satisfaction

Researchers have used explainable AI to uncover factors that influence inpatients’ opinions when they’re completing satisfaction surveys following hospitalization.

May 21, 2021
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Biopharma giant sinking more than $1B into drug-discovery AI startup

AI company Exscientia has received a vote of confidence approaching $1.2 billion in value from Bristol-Myers Squibb.

May 19, 2021
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From the Googleplex comes a free AI tool for skin diagnostics

Google Health is launching a free app that uses AI trained on more than 16,000 clinical dermatology cases and can identify hundreds of skin conditions, including cancers, with accuracy comparable to that of board-certified dermatologists in the U.S.

May 18, 2021

FDA nods to breast cancer AI, knee replacement 3D

A medical AI startup focused on breast cancer diagnostics has uncloaked from stealth mode, appointing an MD as CEO and concertedly promoting its initial software offering seven months after the FDA approved the product.

May 11, 2021
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Walmart acquires telehealth provider MeMD

Walmart is advancing its healthcare capabilities with the acquisition of telehealth provider MeMD.

May 10, 2021
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2 ultrasound AI systems cleared for market

The FDA has approved an AI tool for speeding thyroid sonography workflows while, across the Atlantic, the European Union has OK’d an AI-based ultrasound device that guides nerve blocking as a form of local anesthesia

May 10, 2021
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3 medical AI systems clear regulatory hurdles

The last two weeks saw market clearances granted in Europe for AI-based software focused on remote patient monitoring, prostate oncology and real-time guidance of coronary stenting.

May 6, 2021
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Total knee AI/AR cleared for sales in the US

The FDA has granted 510(k) clearance to a French startup for surgery software that combines AI with augmented reality and computer vision.

April 29, 2021

Around the web

Half a year after President Biden officially directed federal agencies in the executive branch’s bailiwick to “seize the promise and manage the risks” of AI, the White House has posted a status report.

U.S. physicians often receive payments from medical device manufacturers and pharmaceutical companies. New research in JAMA found a connection between receiving such payments and using specific devices—should the industry be concerned? 

Five of the largest U.S. medical societies focused on cardiovascular health are one step closer to seeing their paradigm-shifting proposal become a reality.

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