Tag: Health

Reasons Why IBM Watson Flopped in the Healthcare Industry

Some time back, MD Anderson Cancer Center, the largest cancer center in the US, announced that it is going to introduce IBM Watson’s computing system into the healthcare system. With the help of Artificial Intelligence, this system was supposed to accelerate the decision-making process of physicians while treating cancer tumors. But IBM Watson turned out […]

Hospital Bill Private Insurance More than Outpatient

According to a report published by RAND, private health insurance plans covering the majority of the population of America paid higher rates of insurance to hospitals compared to similar public plans like Medicaid and Medicare. Going by facts, in 2017, mix-adjusted hospital rates were at 241 percent of Medicare prices, as per findings. The study also considered a negotiated amount of hospital prices relative to Medicare reimbursements for the procedures as well as facilities. People who were enrolled in private healthcare plans were employer-sponsored. If hospital rates to Medicare costs were cut from 2015 to 2017, it would have easily saved $7.7 billion in overall healthcare expenditure for employers, reports RAND. Key Considerations – RAND Report As large discrepancies […]

Touchstone Medical Imaging to pay $3M Federal Fine Following Cyber Security Breach

Touchstone Medical Imaging, or Touchstone, has eventually agreed to pay a federal fine of $3,000,000 to the Office for Civil Rights (OCR) at the United States Department of Health and Human Services (HHS), and also agreed to adopt a corrective approach and take action to settle all potential violations of the Health Insurance Portability and […]

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