Tag Archives: billion

Artificial Intelligence in healthcare projected to be worth more than $27 billion by 2025

Globally, artificial intelligence in healthcare is expected to expand at a compound annual growth rate of 43.5 percent from 2018 to reach $ 27.6 billion by 2025, finds ResearchandMarkets.com. The high growth of the artificial intelligence market in healthcare is attributed to factors such as rising funding in AI, the growing demand of precision medicine,… Read More »

Medicare, Medicaid underpaid U.S. hospitals by $76.8 billion in 2017, American Hospital Association says

According to new data released by the American Hospital Association, Medicare and Medicaid underpaid U.S. hospitals by $ 76.8 billion in 2017. Medicare underpayments totaled $ 53.9 billion and Medicaid underpayments $ 22.9 billion for 2017. Meanwhile, in 2017, hospitals provided $ 38.4 billion in uncompensated care, the AHA said. THE IMPACT This means hospitals… Read More »