The Growing Number of Patients Without Health Insurance Is Costing Hospitals

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• 00:00

  The thing about AI for business, it may not automatically fit the way your business works.

• 00:05

  At IBM, we've seen this firsthand, but by embedding AI across HR, IT,

• 00:12

  and procurement processes, we've reduced costs by millions, slash repetitive tasks,

• 00:17

  and freed thousands of hours for strategic work.

• 00:20

  Now we're helping companies get smarter by putting AI where it actually pays off,

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  deep in the work that moves the business.

• 00:27

  Let's create smarter business, IBM.

• 00:34

  Growing number of uninsured patients is hurting hospital profits.

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  Hospitals are legally required to treat and stabilize people when they show up in the emergency room,

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  whether or not they can pay, whether or not they have insurance.

• 00:46

  Plus, SpaceX's revenue rose 92 percent in its first quarter as a public company.

• 00:52

  And McDonald's shakes up its U.S.

• 00:54

  Business after the latest quarter fell short of expectations.

• 00:57

  It's Tuesday, August 4th.

• 00:59

  I'm Alex Oseleff for The Wall Street Journal.

• 01:02

  This is the PM edition of What's News, the top headlines and business stories that move the world today.

• 01:10

  We begin tonight's show with the latest developments on the Iran war.

• 01:14

  Negotiations over reopening the Strait of Hormuz have run into issues over fees.

• 01:18

  Iran has demanded the right to charge ships for passage, while the U.S.

• 01:22

  And regional governments have rejected that demand.

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