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.

Google Cloud has launched three new healthcare accelerators, partnering up with health systems, to address common use cases around health equity, patient flow and value-based care.

3 ways to improve healthcare administration and lower costs

Cutting down on administrative costs in the U.S. healthcare industry has become a major focus over the last several years, with billions of dollars in savings to be had from automation and centralizing claims records.

March 1, 2021

Working group debuts standard for AI in healthcare trustworthiness

Several issues with AI can “make people suspicious” of the technology when applied to healthcare, according to the Consumer Technology Association.

 

February 24, 2021
hospital people

Hospitals face long recovery from COVID-19 financial hits

Hospitals and health systems are facing an uphill battle for the foreseeable future when it comes to getting their finances back on track from the COVID-19 pandemic, according to new findings from Kaufman Hall. 

 

February 23, 2021
GE has completed the spinoff of its healthcare business, and GE HealthCare began trading as its own entity on the Nasdaq Jan. 4. Stock Market

Oscar Health to launch IPO

Oscar Health, the technology-based health insurer co-founded by Josh Kushner, is preparing to launch an initial public offering.

February 23, 2021
IBM

IBM floats the shopping around of Watson Health

International Business Machines Corp. is looking into dealing its AI-pioneering Watson Health unit so the parent can move more nimbly into cloud computing, the Wall Street Journal is reporting.

February 19, 2021
Voice Recognition Smartphone

AI-powered voice screening for COVID earns CE mark

An Israeli AI startup has been cleared to market COVID-detecting voice analysis software in Europe, according to No Camels.

February 18, 2021

Healthcare M&A drops in 2020

Healthcare mergers and acquisition activity fell 13% in 2020, reflecting a significantly subdued economy due to the Covid-19 pandemic.

February 17, 2021
Virtual

Virtual patients making fans of actual physicians

An AI startup’s virtual-patient technology is good enough at teaching empathy to clinicians that it’s already in use at Cedars-Sinai Medical Center in Los Angeles, the National Health Service in Britain and the University of Texas Medical Branch in Galveston.

February 16, 2021

Around the web

This week Washington took a major step toward nailing down a solid game plan on federal AI spending for everything outside of defense.

The recall includes specific lots of five different medical devices used to treat stroke and other neurovascular diseases.

The agency is urging healthcare providers to transition away from these devices and seek out alternatives. It is even working with other manufacturers to try and get similar products on the market as quickly as possible. 

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