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mostlysignssomeportents · 24 days ago

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Denise Hearn and Vass Bednar’s “The Big Fix”

If you'd like an essay-formatted version of this post to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:

https://pluralistic.net/2024/12/05/ted-rogers-is-a-dope/#galen-weston-is-even-worse

The Canadian national identity involves a lot of sneering at the US, but when it comes to oligarchy, Canada makes America look positively amateurish.

If you'd like an essay-formatted version of this thread to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:

https://pluralistic.net/2024/12/05/ted-rogers-is-a-dope/#galen-weston-is-even-worse

Canada's monopolists may be big fish in a small pond, but holy moly are they big, compared to the size of that pond. In their new book, The Big Fix: How Companies Capture Markets and Harm Canadians, Denise Hearn and Vass Bednar lay bare the price-gouging, policy-corrupting ripoff machines that run the Great White North:

https://sutherlandhousebooks.com/product/the-big-fix/

From telecoms to groceries to pharmacies to the resource sector, Canada is a playground for a handful of supremely powerful men from dynastic families, who have bought their way to dominance, consuming small businesses by the hundreds and periodically merging with one another.

Hearn and Bednar tell this story and explain all the ways that Canadian firms use their market power to reduce quality, raise prices, abuse workers and starve suppliers, even as they capture the government and the regulators who are supposed to be overseeing them.

The odd thing is that Canada has been in the antitrust game for a long time: Canada passed its first antitrust law in 1889, a year before the USA got around to inaugurating its trustbusting era with the passage of the Sherman Act. But despite this early start, Canada's ultra-rich have successfully used the threat of American corporate juggernauts to defend the idea of Made-in-Canada monopolies, as homegrown King Kongs that will keep the nation safe from Yankee Godzillas.

Canada's Competition Bureau is underfunded and underpowered. In its entire history, the agency has never prevented a merger – not even once. This set the stage for Canada's dominant businesses to become many-tentacled conglomerates, like Canadian Tire, which owns Mark's Work Warehouse, Helly Hansen, SportChek, Nevada Bob's Golf, The Fitness Source, Party City, and, of course, a bank.

A surprising number of Canadian conglomerates end up turning into banks: Loblaw has a bank. So does Rogers. Why do these corrupt, price-gouging companies all go into "financial services?" As Hearn and Bednar explain, owning a bank is the key to financialization, with the company's finances disappearing into a black box that absorbs taxation attempts and liabilities like a black hole eating a solar system.

Of course, the neat packaging up of vast swathes of Canada's economy into these financialized and inscrutable mega-firms makes them awfully convenient acquisition targets for US and offshore private equity firms. When the Competition Bureau (inevitably) fails to block those acquisitions, whole chunks of the Canadian economy disappear into foreign hands.

This is a short book, but it's packed with a lot of easily digested detail about how these scams work: how monopolies use cross-subsidies (when one profitable business is used to prop up an unprofitable business in order to kill potential competitors) and market power to rip Canadians off and screw workers.

But the title of the book is The Big Fix, so it's not all doom and gloom. Hearn and Bednar note that Canadians and their elected reps are getting sick of this shit, and a bill to substantially beefed up Canadian competition law passed Parliament unanimously last year.

This is part of a wave of antitrust fever that's sweeping the world's governments, notably the US under Biden, where antitrust enforcers did more in the past four years than their predecessors accomplished over the previous 40 years.

Hearn and Bednar propose a follow-on agenda for Canadian lawmakers and bureaucrats: they call for a "whole of government" approach to dismantling Canada's monopolies, whereby each ministry would be charged with combing through its enabling legislation to find latent powers that could be mobilized against monopolies, and then using those powers.

The authors freely admit that this is an American import, modeled on Biden's July 2021 Executive Order on monopolies, which set out 72 action items for different parts of the administration, virtually all of which were accomplished:

https://www.eff.org/deeplinks/2021/08/party-its-1979-og-antitrust-back-baby

What the authors don't mention is that this plan was actually cooked up by a Canadian: Columbia law professor Tim Wu, who served in the White House as Biden's tech antitrust czar, and who grew up in Toronto (we've known each other since elementary school!).

Wu's plan has been field tested. It worked. It was exciting and effective. There's something weirdly fitting about finding the answer to Canada's monopoly problems coming from America, but only because a Canadian had to go there to find a receptive audience for it.

The Big Fix is a fantastic primer on the uniquely Canadian monopoly problem, a fast read that transcends being a mere economics primer or history lesson. It's a book that will fire you up, make you angry, make you determined, and explain what comes next.

#canada #cdnpoli #canpoli #monopolies #trustbusting #oligarchy #corruption #ripoffs #pluralistic

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mariacallous · 12 days ago

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Donald Trump helped create the US government’s cybersecurity agency during his first term as president. Six years later, employees of that agency are afraid of what he’ll do with it once he retakes office.

Trump’s alliances with libertarian-minded billionaires like Elon Musk and his promises to cut government spending and corporate oversight have alarmed staffers at the Cybersecurity and Infrastructure Security Agency, the component of the Department of Homeland Security that defends US government computer systems from hackers and helps state and local governments, private companies, and nonprofit groups protect themselves.

CISA, which the Trump administration and Congress created in 2018 by reorganizing an existing DHS wing, became a target of right-wing vitriol after its Trump-appointed director rebuffed the president’s election conspiracy theories in 2020 (prompting Trump to fire him) and after it worked with tech companies to combat online misinformation during the 2022 election.

The incidents turned a once-obscure agency with bipartisan credibility into a conservative bogeyman. House Republicans have accused CISA of spying on and censoring Americans, and the GOP senator who will soon oversee the agency wants to eliminate it.

Now, with Trump returning to office vowing to purge disloyal civil servants and turn DHS into an immigration-crackdown machine, CISA employees are acutely worried about the fate of their still-fledgling agency, according to interviews with four current staffers and another US cyber official, all of whom requested anonymity to speak candidly about a sensitive subject.

“We believe it's our responsibility to help those who don't really have the ability to help themselves,” says one CISA employee. “We take our missions seriously, which is why we are all concerned, to a T, about if any decisions are going to affect our mission negatively.”

Scaling Back Corporate Accountability

CISA is bracing for change in several areas that were key to US president Joe Biden’s cybersecurity agenda.

Biden’s cyber strategy called for companies to take more responsibility for the security of their products and services, and CISA led that effort with its campaign encouraging companies to make their systems “secure by design” and “secure by default.” Agency officials pushed tech firms to make security features free and automatic and to pay closer attention to the quality of their code. Hundreds of companies have signed CISA’s secure-by-design pledge and vowed to take cybersecurity more seriously.

CISA employees and Biden administration officials expect the Trump team to kill Biden’s corporate responsibility initiatives. “They do not think it's the role of the US government to make [the] private sector act in a certain way,” says a US cyber official.

A second CISA employee predicts that “compliance efforts like secure-by-design may not have the support that they currently benefit from.”

That retreat from corporate oversight will be a top priority of Musk and other tech billionaires who have flocked to Trump. “The tech influence here, assuming Elon Musk stays in Trump's good graces, is going to be significant,” the cyber official says.

Without high-level White House backing, CISA’s secure-by-design campaign “becomes toothless,” says the first CISA employee. “Some companies will be less inclined to follow these [guidelines] if they don't believe that the executive branch is going to support them.”

CISA employees are also watching uneasily to see if Trump officials pressure the cyber agency to water down its draft regulation requiring critical infrastructure operators to report cyber incidents. Congress mandated the rule in a 2022 spending bill, but groups representing infrastructure operators have complained that the draft requirements—which must be finalized by late 2025—are too onerous. Trump could force CISA to scale back the rules in order to appease the private sector.

Trump and his allies want to “get rid of anybody who can enforce the rules, because then the rules don't matter,” the cyber official says. “In CISA’s instance, that's going to be pretty significant.”

CISA is also bracing for changes to its election security mission. The agency has already dramatically scaled back conversations with social media companies about online misinformation following a right-wing backlash, but Trump’s team could force CISA to abandon even more of its election security work. CISA staffers worry that Trump will block the agency from participating in state and local election officials’ “Trusted Info” initiative, which encourages Americans to listen to their local election supervisors instead of provocative online claims.

“I think that work is probably dead,” says a third CISA employee.

South Dakota governor Kristi Noem, Trump’s pick to lead the Department of Homeland Security, embraced election conspiracies after Biden’s win in 2020. “Kristi Noem is a Trump loyalist who has backed him in election denial claims, and now she's going to be in charge of the agency that oversees [CISA],” says the cyber official. “I have a lot of questions about what happens there.”

The third CISA employee expects to see the “persecution of those who have done election security work” once Trump takes office.

Weakening Authorities

Trump’s victory could also have serious consequences for other CISA missions.

Under Biden, CISA gained broader authority and new funding to monitor other agencies’ networks for suspicious activity, turning it into the centralized defender of federal networks that many experts always hoped it would become. That could change under Trump, especially if senior officials close to Trump bristle at CISA’s oversight.

“I can absolutely see the new administration coming in and saying, ‘Hey, you guys are not letting agencies do what they need to do. You have … too much power [to look] at how the agencies do things. We're going to reduce your power,’” says the first CISA employee. “That will prevent us from doing the very necessary work that we need to do to protect the American people.”

One of CISA’s most formidable powers over other agencies could be watered down for an unexpected reason.

CISA can order the rest of the government to rapidly patch vulnerabilities and make other security improvements, and it has repeatedly used this authority in response to emerging digital crises. But while these directives only apply to federal agencies, some businesses treat them like unofficial government dictates and push their security teams to implement them.

If corporate leaders complain about these directives’ effects on their bottom lines, Trump’s team could force CISA to scale back its use of this authority.

The Trump administration could also try to cut costs at CISA by slashing the free services that it provides to state and local governments and critical infrastructure providers.

“My concern would be that some of those programs would just kind of fall to the wayside,” says the first CISA employee, who also fears that CISA’s “ability to express to the nation what we do and what services we offer” will “come under attack.”

Dimming the Stars

Trump’s influence on CISA could also undermine the agency’s long-running uphill battle to attract talented experts away from lucrative industry jobs and into public service.

Multiple CISA employees say they worry that Trump’s election will mean the end of what one called “star hires” like senior advisers Bob Lord and Jack Cable, the corporate cyber veteran and young security whiz, respectively, who lead CISA’s secure-by-design program.

“I can absolutely see guys like Bob Lord and Jack Cable—big, well-respected individuals in the security community—deciding that they want to take their stuff elsewhere if they don't believe that the administration is serious about helping companies be more secure,” says the first CISA employee. Lord and Cable declined WIRED’s request to comment.

“This country has gotten so much more politicized over the past eight years to where it gets in the way of us doing our jobs,” the first CISA employee adds.

Trump’s promised changes to civil-service rules, which would expose more government workers to politically motivated firings, are also alarming CISA employees. “I worry about getting weaponized,” says the third CISA employee.

Political Tensions

When it comes to CISA’s fate, much will depend on whom Trump picks to lead the agency and how they navigate broader DHS politics.

The main contenders for CISA director—Karen Evans, a former Energy Department cyber official and White House IT official; Matt Hayden, who served as DHS’s assistant secretary for cyber policy during Trump’s first term; and Brian Harrell, who led CISA’s infrastructure protection wing under Trump—have cyber experience and bipartisan credibility. But if Trump passes over them, it’s not clear who will end up leading CISA.

“There’s not really a ton of star, right-leaning info security people out there who want to risk their credibility as a political appointee,” says the third CISA employee.

Even if CISA gets competent, well-liked senior officials, they will still be at the mercy of DHS leadership. Kristi Noem has touted her work on cybersecurity as South Dakota’s governor, including in an op-ed after her nomination that referenced CISA. But Noem was the only governor to reject money from a DHS cyber grant program for state and local governments in 2023, suggesting that she won’t support the program, which expires in late 2025.

A fourth CISA employee says they hope that once Noem and other Trump appointees “are briefed on the full extent of our nation’s cybersecurity problems, they will recognize the value of our work and its critical importance to national security.”

But even if Noem mostly leaves CISA to its own devices, her department’s leading role in Trump’s controversial immigration agenda—including promised mass deportations of undocumented immigrants—will likely inflame longstanding tensions between DHS and CISA.

“People within CISA don't want to be considered part of DHS,” says the first CISA employee. “They believe that CISA should be its own realm.”

Amid a migration surge during Trump’s first term, DHS asked CISA employees to volunteer to help safeguard the US-Mexico border. “I do not believe that people [will] want to be considered part of DHS if that type of stuff is going to continue,” the first CISA employee says.

With DHS leaning harder than ever before into immigration crackdowns, CISA employees are longing for a separation—with even the conservative Project 2025’s unorthodox reorganization proposal sounding appealing to some.

“DHS is gonna be a real awful place the next four years,” says the third CISA employee. “Maybe we should move to Transportation.”

Quiet Concerns

While they wait for Trump to signal his approach to cybersecurity, CISA employees are quietly exchanging worries about what’s next for their workplace.

“There have been unspoken concerns about what's going to happen once the administration changes,” says the first CISA employee. “Anything that we do is going to affect the American public in one way or another, so we need to know … what's going to be coming down the pike.”

The mood inside the agency is “uncertain,” says the second CISA employee.

“CISA’s staff isn’t interested in getting politicized,” says the third CISA employee. “We just want to do good work for the American public that makes things more secure and resilient.”

CISA director Jen Easterly said in a statement that she “could not be prouder” of the agency’s achievements.

“CISA’s been able to accomplish its mission thanks to a talented and dedicated workforce, bipartisan support in Congress, and partnerships across government and industry,” Easterly said. “It’s important this work continues as the nation’s critical infrastructure faces an ever evolving and complex threat environment.”

For now, agency employees are distracting themselves by doubling down on that work.

“We kind of bury ourselves into the day to day, just trying to do as much as we can until we get the call that this position or this branch is going to be eliminated,” says the first CISA employee. “We don't have any control over things right now, and I think that's what makes things scary for a lot of us.”

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latestmarketresearchnews · 2 months ago

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Smart Cities Market 2030 Outlook by Growth Rate, Trends, Size and Opportunities

The global smart cities market was valued at USD 748.7 billion in 2023 and is expected to expand significantly, with a compound annual growth rate (CAGR) of 25.8% from 2023 to 2030. Key factors fueling this growth include rapid urbanization, the need for more efficient resource management, rising public safety concerns, and increasing demands for energy-efficient environments. Urban areas are now recognizing the importance of integrating digital technologies like IoT and artificial intelligence (AI) to enhance city operations, especially after the COVID-19 pandemic emphasized the vulnerabilities and dependency of economies on urban infrastructure. During the pandemic, strict lockdowns and mobility restrictions underscored the significance of healthcare and public safety within smart city initiatives. In response, many cities began focusing on incorporating smart healthcare solutions and digitally-driven public safety systems to address future emergencies and public health needs.

With growing urban populations, the demand for sustainable infrastructure has become a central driver for the smart cities market. Governments worldwide are addressing these demands through various smart city projects targeting areas like mobility, energy, utility management, safety, and governance. In many regions, local authorities are taking the lead by initiating organizational changes, securing investments, and building consortiums to bring together diverse stakeholders. A new wave of public-private partnerships is emerging, specifically to accelerate smart city development. Furthermore, financing models, such as government funding for infrastructure and innovative governance structures, play crucial roles in advancing smart city initiatives.

Gather more insights about the market drivers, restrains and growth of the Smart Cities Market

The market's growth is closely linked to the adoption of cutting-edge technologies, including nanotechnology, AI, machine learning (ML), cloud computing, IoT, cognitive computing, big data analytics, and open data. Additionally, the use of various business models like Build-Own-Operate (BOO), Build-Operate-Transfer (BOT), Original Brand Manufacturer (OBM), and Bill of Material (BOM) models has enabled more efficient and successful smart city project execution. In Asia, governments are actively promoting digital technology adoption in smart city projects while balancing consumer data privacy concerns. Globally, government-backed initiatives to support digital transformation and smart infrastructure development continue to drive market expansion.

Smart Utilities Segmentation Insights:

Within the smart utilities sector, the energy management segment led the market in 2022, accounting for over 55% of revenue. This high demand for energy solutions in urban areas has encouraged the adoption of advanced energy management systems, such as virtual power plants (VPPs) that leverage AI, ML, and IoT to ensure security and operational efficiency. Leading industry players are focusing on establishing robust research and development (R&D) frameworks to drive innovation in energy management and design analytics solutions. Emerging technologies like blockchain are being integrated into these systems to enhance transparency and data security within smart energy grids.

The waste management segment is also expected to experience significant growth, with a forecasted CAGR of 27.0% over the coming years. Urbanization has intensified waste generation in cities, prompting several governments to collaborate with system integrators, distributors, and original equipment manufacturers (OEMs) for smart waste management solutions. This includes the installation of smart trash bins in cities, enabling real-time monitoring and efficient waste disposal management. Local governments, technology providers, distributors, and system integrators are all key stakeholders in implementing these city-wide waste management solutions. To further support waste management efforts, mobile applications are being developed that allow users to monitor bin fill levels, adding convenience for both citizens and municipal waste handlers. OEMs and system integrators are particularly focused on deploying smart waste solutions in crowded venues that generate high volumes of waste, such as public events, transportation hubs, and large commercial areas, thus contributing to the growth of the smart cities market.

In summary, the smart cities market is set for robust growth, driven by urbanization, public safety, and the need for sustainable resource management. With technology-driven solutions spanning energy, waste, mobility, and infrastructure, smart cities represent an integrated approach to creating more livable, efficient, and resilient urban spaces for the future.

Order a free sample PDF of the Smart Cities Market Intelligence Study, published by Grand View Research.

#Smart Cities Market Overview #Smart Cities Market Size

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researchreportinsight · 2 months ago

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Smart Cities Industry Competitive Landscape and Industry Analysis 2030

Gather more insights about the market drivers, restrains and growth of the Smart Cities Market

Smart Utilities Segmentation Insights:

Order a free sample PDF of the Smart Cities Market Intelligence Study, published by Grand View Research.

#Smart Cities Market Overview #Smart Cities Market Size

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marketanalysisdata · 2 months ago

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Smart Cities Market 2030 Future Scope, Size Estimation, Regional Outlook

The global smart cities market was valued at approximately USD 748.7 billion in 2023 and is expected to expand at a robust compound annual growth rate (CAGR) of 25.8% from 2023 to 2030. Several factors are driving this growth, including rapid urbanization, the need for efficient management of resources, heightened public safety concerns, and the demand for energy-efficient environments. Additionally, the COVID-19 pandemic underscored the importance of urban resilience and public healthcare, revealing the dependency of global economies on urban infrastructure and emphasizing the potential role of smart cities in safeguarding public health.

As a result, many organizations are turning to emerging technologies like the Internet of Things (IoT) and Artificial Intelligence (AI) to address urban challenges. These technologies enable city infrastructure to become more interconnected and responsive, offering real-time solutions for traffic, energy, and healthcare, among other sectors. As urban populations grow, the need for sustainable infrastructure becomes increasingly critical, driving governments to implement smart city initiatives across key areas, including mobility, utility management, public safety, and urban administration.

Gather more insights about the market drivers, restrains and growth of the Smart Cities Market

Local governments play a significant role in driving these initiatives, often fostering organizational and institutional transformations that attract investments and promote collaboration across industries. In this landscape, a new model of public-private partnerships has emerged, facilitating cooperation between governments and private businesses to develop and maintain smart city infrastructure. Additionally, innovative financing and governance models are key in scaling infrastructure projects, supporting ongoing growth in the smart cities market.

The growth of smart cities is also fueled by the adoption of advanced technologies, including nanotechnology, Artificial Intelligence (AI), Machine Learning (ML), cloud computing, IoT, cognitive computing, big data analytics, and open data platforms. Emerging business models, such as Build-Own-Operate (BOO), Build-Operate-Transfer (BOT), Original Brand Manufacturer (OBM), and Bill of Material (BOM), are increasingly applied to smart city projects, enhancing their implementation and operational success. In Asia, countries are aggressively promoting digital technologies for smart city applications while addressing consumer data privacy concerns, and governments worldwide are initiating various programs to accelerate market growth further.

Application Segmentation Insights:

The smart utility segment led the market with a share exceeding 28% in 2022. This segment is central to city infrastructure, encompassing areas such as water treatment, energy distribution, consolidated data management, and civil distribution infrastructure management. The rise of smart grids, which use advanced data analytics and cloud technology, is a major factor driving the adoption of smart utilities. With the surge in global energy demand, companies and governments are prioritizing strategies to increase the share of renewable energy in the overall energy mix, which supports the growth of the smart utility segment.

Meanwhile, the environmental solutions segment is projected to grow at a remarkable CAGR of 28.8% through the forecast period. This expansion is driven by increasing government initiatives aimed at reducing pollution, optimizing renewable energy use, and creating a sustainable ecosystem. Industry players are also focusing on expanding their environmental solutions portfolios, as these solutions contribute to brand identity and increase revenue potential. For instance, in December 2021, SENSORO, an IoT and AI solutions company, launched the Environmental, Social, and Governance (ESG) brand SENSORO Solution, offering climate monitoring, garbage classification, and ecological protection services. Such developments highlight the growing market potential for environmental solutions within smart cities as governments and corporations alike prioritize sustainability.

Order a free sample PDF of the Smart Cities Market Intelligence Study, published by Grand View Research.

#Smart Cities Market Share #Smart Cities Market Trends #Smart Cities Market Growth #Smart Cities Industry

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marketstudyreport · 2 months ago

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Smart Cities Market Key Players, Supply and Consumption Demand Analysis to 2030

Gather more insights about the market drivers, restrains and growth of the Smart Cities Market

Application Segmentation Insights:

Order a free sample PDF of the Smart Cities Market Intelligence Study, published by Grand View Research.

#Smart Cities Market Share #Smart Cities Market Trends #Smart Cities Market Growth #Smart Cities Industry

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systemtek · 3 months ago

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Tech Secretary welcomes foreign investment in UK data centres which will spur economic growth and AI innovation in Britain

The Technology Secretary Peter Kyle has today (Monday 14th October) welcomed the ‘vote of confidence’ in Britain made by US firms CyrusOne, ServiceNow, Cloud HQ and CoreWeave, who have announced the UK will be the home for their data infrastructure worth a total of £6.3 billion. The investments, announced as part of today’s International Investment Summit, will take the total investment in UK data centres to over £25 billion since this government took office, demonstrating the government’s continuous effort in driving growth by partnering with business. These new data centres will provide the UK with more computing power and data storage, so that Britain has the necessary infrastructure to train and deploy the next generation of AI technologies, such as complex machine learning models and algorithms. This in turn will help us roll out AI faster in areas like healthcare, which will help everyone live better and healthier lives. Technology Secretary Peter Kyle said: Tech leaders from all over the world are seeing Britain as the best place to invest with a thriving and stable market for data centres and AI development. Data centres power our day-to-day lives and boost innovation in growing sectors like AI. This is why only last month, I took steps to class UK data centres as Critical National Infrastructure giving the industry the ultimate reassurance the UK will always be a safe home for their investment. Today’s drumbeat of investment is a vote of confidence in Britain and our approach to work with business to deliver sustained growth for all. It comes as Washington DC-headquartered firm CloudHQ is set to develop a new £1.9 billion data centre campus in Didcot, Oxfordshire. The hyper-scale data centre is currently in development and will help meet the UK’s growing demand for AI and machine learning. It will create 1,500 jobs during construction, and 100 permanent jobs once fully operational. Hossein Fateh, CloudHQ’s Founder and Chief Executive Officer, said: We are very excited to deliver a hyper-scale campus in the UK that is truly an extension of Slough due to our private diverse fibre optic route. Our site enables us to build out our campus environment to provide scale and density to meet our customers’ requirements. Global AI platform and software leader ServiceNow also confirmed its commitment to the UK market, with plans to invest £1.15 billion into its UK business over the next 5 years. The investment will not only support the future development of AI in the UK, expanding its data centres with Nvidia GPUs for local processing data, but also support new office space as the company significantly grows into employee base beyond its current headcount of 1,000 employees. ServiceNow Chairman and CEO Bill McDermott said: Working together, ServiceNow and HM government are on the brink of a great unlock, putting AI to work for people across the country. AI-powered transformation is a generational opportunity to champion citizens, empower employees, and delight customers. ServiceNow’s investment will accelerate the UK’s innovation blueprint, redefining how people live and work. CyrusOne, a leading global data centre developer headquartered in the United States, announced plans to expand their investment into the UK to £2.5 billion over the coming years. Subject to planning permission, the projects should be operational by Q4 2028 and are expected to create over 1,000 jobs both directly and within its immediate design and construction value chain. Eric Schwartz, President and Chief Executive Officer at CyrusOne, said: The UK government’s recent ‘critical national infrastructure’ (CNI) designation was a strong signal that data centres are of strategic importance to the UK economy. It has provided CyrusOne with the confidence to continue its expansion in the UK and support the government’s policy ambition to become a centre of excellence for digital services, technology innovation and AI. Announcing its second investment in the UK this year, AI hyperscaler CoreWeave also confirmed £750 million to support the next generation of AI cloud infrastructure. Building on its £1 billion investment announced in May and the opening of its European headquarters in London, CoreWeave will be investing a further £750 million in the UK to support the demand for critical AI infrastructure. The investment in the UK is CoreWeave’s second largest investment in a country following the USA. Mike Intrator, CEO and co-founder of CoreWeave: CoreWeave’s multiple investments in 2024 are a mark of our confidence in the government’s commitment to attracting global private investment through the creation of a stable, business-friendly environment. We are encouraged by the UK’s strong talent pool, which is reflected in our decision earlier this year to open our European headquarters in London, and priority focus on investing in critical infrastructure, to drive the continued development of the UK’s thriving AI sector. Today’s investments follow major deals with investment giant Blackstone, who committed to £10 billion investment in the North East of England last month, and Amazon Web Services, who announced they plan to invest £8 billion in building, maintaining and operating data centres in the UK over the next 5 years. Only last month, the Tech Secretary also classed UK data centres as ‘Critical National Infrastructure’ (CNI), giving the sector can greater government support in recovering from and anticipating critical incidents, ensuring the industry remains secure and stable. In July, he also appointed entrepreneur Matt Clifford to kickstart an AI Opportunities Action Plan, which will set out how to boost take up of AI across all parts of the economy, and consider the necessary AI infrastructure, talent, and data access required to drive adoption by the public and private sectors. This week’s International Investment Summit will see ministers and business leaders discuss how the UK can capitalise on emerging growth sectors including health tech and AI, clean energy and creative industries with confirmed speakers including Ruth Porat President & Chief Investment Officer, Alphabet and Google, David Ricks, CEO of Eli Lilly, Alex Kendall CEO of Wayve and Pushmeet Kohli Principal Scientist at Google DeepMind. The Prime Minister will take part in an “in conversation” event with former CEO and chairman of Google Eric Schmidt and CEO of GSK Dame Emma Walmsley to discuss how the UK can seize the opportunities of AI to drive growth and productivity, and it’s potential to improve public services such as health and education’ Tech Secretary Peter Kyle will take part in a conversation about accelerating innovation as well as sign a memorandum of understanding with Elderberry, the world’s largest pharmaceutical firm, which sets the stage for a world-first trial of obesity medications on the NHS, in Greater Manchester, while the company plans to set up a new biotech hub in the UK. Read the full article

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wellnessweb · 6 months ago

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Analyzing the Growth of Healthcare Fraud Analytics Market Size

The Healthcare Fraud Analytics Market Size was valued at USD 2.42 billion in 2023, and expected to reach USD 14.01 billion by 2031, and grow at a CAGR of 24.5% over the forecast period 2024-2031.The Healthcare Fraud Analytics Market is experiencing rapid growth as healthcare systems increasingly adopt advanced data analysis techniques to combat fraudulent activities. This market encompasses a range of sophisticated technologies, including artificial intelligence, machine learning, and big data analytics, designed to identify, predict, and prevent fraudulent claims and activities within the healthcare sector. By leveraging these cutting-edge tools, healthcare organizations can not only safeguard financial resources but also ensure the integrity of patient care and data. As regulatory pressures mount and the cost of healthcare fraud rises, the demand for robust analytics solutions is projected to expand, driving innovation and investment in this critical market.

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The research report explores the Healthcare Fraud Analytics Market in order to create a thorough picture of the industry and to help organizations better appreciate the possibilities offered by distinct regional regions.

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SNS Insider is a market research and insights firm that has won several awards and earned a solid reputation for service and strategy. We are a strategic partner who can assist you in reframing issues and generating answers to the trickiest business difficulties. For greater consumer insight and client experiences, we leverage the power of experience and people.

When you employ our services, you will collaborate with qualified and experienced staff. We believe it is crucial to collaborate with our clients to ensure that each project is customized to meet their demands. Nobody knows your customers or community better than you do. Therefore, our team needs to ask the correct questions that appeal to your audience in order to collect the best information.

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omdataentryindia · 6 months ago

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The Future Of Manual Data Entry Services: Trends To Watch In 2024

Data entry services encompass all sectors and businesses for their humongous volumes of data. In any form, data is the backbone of handling huge companies and the everyday act of management. Be it charts, tabular data, statistics, pictorials, or any other form of data present in your company, you need to ensure its accurate conversion into accessible formats for ease of access. That is why you need to keep up with the latest trends in manual data entry services in the growing world.

Read the blog here to know the dos and don’ts of the manual data entry services offered by some of the best outsourcing partners for you to run ahead in the success game.

Top 8 Benefits Of Manual Data Entry Services:

1. Integration Of Automation:

With the advancement in technology and services, it is obvious to use the boon of AI in data entry work. Although manual data entry involves human intelligence to decipher the true meaning of handwritten documents and manuscripts, we cannot deny the usefulness of automation.

With the idea of Machine Learning, we can program our systems to understand patterns and apply algorithms to create faster results with high-class accuracy. With expert supervision, this machine-human combination can create unmatchable outcomes.

2. Confidentiality Ensured:

Security for your private data is of the highest priority, and that is what will be taken care of by outsourcing manual data entry services. You can trust your data to the high-end firewalls, anti-virus programs, and confidentiality clauses adhered to by the service provider. Cyber security from malware and unknown bugs can also be taken care of if you choose your outsourcing partner wisely.

All the regulatory adherence and compliance are focused on ensuring stringent data privacy and maintaining the reliable policies laid on by the government as well. You can rest assured that your data is in safe hands while you receive the best quality data entry solutions.

3. Merged Working Models:

Manual data entry work requires an experienced workforce who knows their way around the complex procedure for precision-based data entry. With the amalgam of differentiated resources who work on their respective zones, it becomes easier to manage your dataset. Remote and hybrid work models allow experts to engage in cloud-based platforms and complete projects faster.

Working with project management software and using collaboration tools within different teams helps better coordination to create error-free data. Your human-made documents can be converted to digital format with manual data entry services as quickly as any robot would give results.

4. Skilled Labour:

The blend of human intelligence with augmented technology creates the best outcomes in the data entry world. Your business is in dire need of this combination to complete complex manual data entry work that cannot be trusted with fully automated data input techniques.

The upskilled workforce is trained to incorporate machines while also keeping an eye on man-made documents, scripts, bills, etc. to ensure immaculate solutions.

5. Quality-Oriented Results:

Data quality must be a top criterion for your manual data entry services. With improved validation checks and higher grades of data integrity, it has become possible to serve high-quality solutions at the same cost and within the stipulated time frames.

Automation has helped to reduce errors and maintain auto-correction to reduce redundant mistakes made by human error. Manual data entry work is prone to typos, spelling errors, and grammatical mistakes, all of which can be edited using simple use of language technologies.

6. Industry-Specific Solutions:

Every business has its own unique identity, and your data reflects what you represent. With tailored data entry services, you can create a package that caters to your specific requirements so you don’t have to pay for unwanted accessories. Choose how you want your manual data entry work to be delivered and you are all set to go forward.

You can opt for software-based packages that work well with your database, for better compatibility and user-friendly support to your resources. No need to hassle around with data formats with the integrated data entry solutions.

7. Budgeted Options:

Cost cutting is generally a decision-maker in choosing your outsourcing partner. With the correct information on the quality, delivery, and testimonials for the services, you can opt for the most affordable option available. You can alter your outsourcing package as per the volume of data and deadlines for your results. With better scalable choices, it will be easy for you to develop a planned data entry workflow.

8. User-Friendly Accessibility:

For certain projects, you might require mobility and intuitive solutions that go hand-in-hand with ongoing operations at your company. Outsourcing manual data entry services will get you access to an enhanced UI/UX interface for improved data accessibility. Professionals working on your data will deliver you higher proficiency with reduced efforts from your core team. Relieve your assets with the help of the correct service provider.

With the ever-growing industry of technology and innovations, data entry is also not left behind. You can look around at the developing ideology to know how machine learning and human intervention can show wonderful results. Outsourcing manual data entry work will alleviate your core resources from the tedious task of managing every document that comes to your table. You can directly access the digital copy of your human-produced data with a few simple steps.

Now is your time to show that you have kept up with the new trends of the system for your data heap. Choose the correct outsourcing partner with all the necessary conditions being met and you are all set to climb up the success ladder even before your expected target.

Source Link: https://dataentrywiki.blogspot.com/2024/06/the-future-of-manual-data-entry-services-trends-to-watch-in-2024.html

#Manual Data Entry #Manual Data Entry Services #Outsource Manual Data Entry #Data Entry Manual #Manual Data Capture #Data Entry Services

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rafiqabaig · 7 months ago

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AI is poised to revolutionize numerous aspects of our future, with its impact already being felt across various industries.

1. Improved Business Automation: AI is increasingly being adopted by organizations for automation purposes. Chatbots and digital assistants are becoming commonplace, handling routine customer inquiries and assisting employees with basic tasks. Additionally, AI's ability to analyze vast amounts of data accelerates decision-making processes, providing leaders with instant insights.

2. Job Disruption: While automation raises concerns about job displacement, it also creates opportunities for upskilling and job augmentation, particularly in skilled or creative positions. Industries may see shifts in job roles, with some tasks being automated while new roles emerge, such as machine learning specialists and information security analysts.

3. Data Privacy Issues: The collection of large volumes of data for AI training has raised privacy concerns. Regulatory bodies are scrutinizing companies' data collection methods, emphasizing the need for transparency and accountability. Legislation such as the AI Bill of Rights underscores the importance of protecting consumer data.

4. Increased Regulation: Legal questions surrounding AI, including intellectual property rights and ethical considerations, are prompting governments to enact regulations. Lawsuits against AI companies and ethical dilemmas surrounding generative AI are shaping the regulatory landscape, with governments being urged to take stronger stances on issues like data privacy and responsible AI development.

5. Climate Change Concerns: AI has the potential to both mitigate and exacerbate climate change. While it can optimize processes to reduce carbon emissions in industries like manufacturing, the energy and resources required for AI development may contribute to environmental degradation. Balancing the benefits of AI with its environmental costs will be crucial for sustainable development.

As for industries most impacted by AI:

- Manufacturing: AI-enabled robotics and predictive analysis are transforming manufacturing processes, improving efficiency and productivity.

- Healthcare: AI aids in disease diagnosis, drug discovery, and patient monitoring, revolutionizing healthcare delivery.

- Finance: AI is utilized for fraud detection, risk assessment, and investment decision-making in the financial sector.

- Education: AI enhances learning experiences through personalized education, plagiarism detection, and student emotion analysis.

- Media: AI is reshaping journalism through automated content generation and data-driven reporting.

- Customer Service: AI-powered chatbots and virtual assistants are revolutionizing customer service by providing data-driven insights and support.

AI presents various risks and dangers alongside its benefits.

1. Job Losses: AI's advancement could disrupt 44% of workers' skills by 2028, potentially leading to unemployment, especially among marginalized groups, if companies don't prioritize upskilling.

2. Human Biases: AI models may inherit biases from their creators, perpetuating discrimination, such as favoring lighter-skinned individuals in facial recognition technology.

3. Deepfakes and Misinformation: Deepfakes blur reality, posing risks like political propaganda, financial fraud, and misinformation that can harm individuals and societies.

4. Data Privacy: Training AI on public and private data raises concerns about security breaches, risking consumers' personal information and companies' intellectual property.

5. Automated Weapons: AI-powered weapons lack discrimination, potentially leading to widespread harm if misused or falling into the wrong hands.

6. Superior Intelligence: While extreme scenarios like the "technological singularity" remain speculative, AI complexity may challenge transparency and control, raising concerns about unintended consequences and decision-making.

#ai #ai generated #ai artwork #internet archive

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worldwideanalysis · 1 year ago

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What Steps Are Governments Taking to Boost Smart Meters Market

The technology called a "smart meter" maintains track of information including energy use, current, voltage, and power factor. Electricity suppliers receive data from smart meters for system supervision and customer invoicing, and users receive data for a better knowledge of usage trends.

Digital meters, or "smart meters," are a revolutionary technology for the utility sector and its users. It allows for two-way communication between the supply and meter.

The global smart meters market is expected to reach $20.0 billion in 2030. One of the key drivers for the smart meters business is the growing emphasis on smart grids, which encourages the implementation of smart meters.

As this meter measures the energy spent by the users, smart electric meters play a key role in the manufacturing, residential, industrial, and commercial sectors. By installing smart meters on energy networks, the electric power sector is advancing its shift to greener energy.

Electric firms will be able to improve the resilience and functionality of the electricity grid and contribute to gaining better visibility into system operations, preventing outages.

The Main Trend Is Rapid Installation of Smart Meters for Precise Billing

In the service industry, especially in data centers, private offices, and government facilities, increased billing accuracy is being made possible through the introduction of smart and effective monitoring and control technologies.

For instance, according to research by Energy Efficiency Services Limited (EESL), a government-owned energy service provider in India, states with smart meters had an average increase in the billing of about 25% compared to those with conventional meters.

Due to these advantages, various initiatives to increase billing accuracy have been announced globally. These initiatives include a 216,000-meter project in Serbia, a 2,000-customer experiment in Nigeria, and an ambitious plan to link one million meters through cellular networks in Uzbekistan.

These improvements will assist in lowering thefts and mitigating line losses in addition to increasing billing accuracy. In the upcoming years, all of these reasons are anticipated to increase the usage of smart meters.

Government Initiatives Supporting the Installation of Smart Meters

Smart meter installation is being supported by governments in a number of nations, which is propelling market expansion on a global scale. Governments in a number of nations have implemented laws requiring the use of smart meters as part of sustainable energy projects.

For instance, the state-owned business EESL declared in February 2020 that it had finished installing one million (10 lakh) smart meters across India as part of the government of India's Smart Meter National Programme. Additionally, EESL has a goal of deploying 250 million (or 25 crores) smart meters across the nation during the following several years.

Smart Meters' Two-Way Communication Feature Supports Market Expansion

An information flow in both directions is supported by smart meters. Utilizing a local area network, these meters are installed at the end user's premises to gather data on the power use of all equipment on a regular basis.

Similarly, to this, when necessary, the utility center can transmit instructions, signals, or data to the smart meter at the end user's location. Smart meters may also be used to operate large household equipment like washing machines. Enabling end customers to get numerous benefits, like time-of-use rates, promotes the expansion of the smart meter industry.

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mariacallous · 1 year ago

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Health care systems do their best to safeguard against breaches. But all of us could be doing more to protect our confidential health data. That starts with understanding when this data is most at risk.

When a patient called to ask if she could email me a CT report and imaging, I wanted to help. But I heard the loud whirring of a smoothie or espresso machine and figured she was at a public café. She confirmed that she was calling from a coffee shop.

I asked her to use our hospital portal from home to protect her privacy. She said she wasn’t sure she remembered her login details and didn’t want to wait. She also didn’t understand why her records wouldn’t be protected under the Health Insurance Portability and Accountability Act of 1996.

“I’m not surprised,” says Nichole Sweeney, general counsel and chief privacy officer for Chesapeake Regional Information System for Patients, a nonprofit health information exchange for several US states.

“The public may not realize that consumer-generated data is not protected. What she does with her own information is not secure. The federal government doesn’t regulate the health data itself. It’s the actual facility, medical office, or hospital—under HIPAA, a covered entity under that designation.”

Many of us also have devices at home that collect and store personal data about our health. I asked Sweeney if that data is covered if my doctor asked me to use the device.

She explains, “If I get my blood pressure taken at a clinic or any medical office, that is covered, and your personal data is protected. But if you take readings at home, this is not HIPAA. It’s not regulated. Those new wearable trackers? Those are not covered either. You’re on your own.”

So what else is not regulated? People. Any person using their own data is not covered under HIPAA.

Matt Fisher worked as a health care corporate and regulatory attorney. He is now general counsel for Carium, a virtual care platform. He believes people need more education about HIPAA and its limitations.

“It works effectively for what it was designed to do within the traditional health care industry. The issue is the assumption that it protects all information regardless of setting,” he says. “The fact is, as an individual who holds their own information HIPAA does not apply at all.”

Beyond hospitals and private medical offices, who is actually covered? Subcontractors. These include third-party associates, health plans, insurance companies, and individual physician providers. Labs, clinics, and any other medical offices that bill for their services are also expected to be HIPAA-compliant. Notably, this does not include social media businesses.

Even doctors, notoriously busy and working long hours, don’t always have the luxury of using patient portals to communicate effectively. They’re more likely to text or email colleagues with potentially sensitive information, all on personal devices that may or may not be locked down. But their goal is fast and efficient patient care, not necessarily data security.

Zubin Damania, who is a doctor and goes by ZDoggMD on social media, uses satire on his YouTube channel to educate viewers and poke fun at the health care system. His more than 488,000 YouTube subscribers no doubt include health care employees, but you don’t have to be one to appreciate parodies like “EHR State of Mind” (EHR is short for electronic health records), which is set to Alicia Keys’ hit “Empire State of Mind,” or “Readmission,” a play on R. Kelly’s “Ignition.” Damania hopes to inspire change in the health care tech sector so, as he puts it, “doctors can just be doctors.” Another target of his satire? Massive health data portals like Epic. He and other physicians believe the design of these systems can actually hinder security if medical personnel find it more restrictive than care-focused.

“Epic and others like it were not designed for use by clinicians on the front line trying to help patients,” he says. “These systems are giant billing platforms. It’s varying fields of data to be walled off.”

Sadly, Epic and others like it are all we have when it comes to storing patient data safely, and despite their flaws, these portals are still the safest available option for doctors and patients. Health care facilities are strictly regulated to receive federal government funding, and they must pass safety certifications, including security protections for patient data. They also seek to maintain industry recognition in order to stay credible and competitive. Want to make a hospital exec nervous? Tell them the Joint Commission is coming by for a visit. They need those gold star approval ratings.

Some patients are under the misconception that these systems are not really that secure. But in the past few years, data breaches have been rare (though they do happen). Hackers frequently target hospitals and health care systems for ransomware attacks, but it doesn’t pay for hackers to demand money when robust backups exist. While the industry has made some progress, the problem of individuals taking personal risks continues.

A former Department of Homeland Security adviser and a doctor, Chris Pierson is CEO of BlackCloak, a company that specializes in personal digital protection from financial fraud, cybercrime, reputational damage, and identity theft. He believes vigilance is key for doctors and patients alike.

Protect Your Entire Family

“I don’t think people realize that once someone is able to get just one piece of information, that can lead to opening others’ private data,” Pierson says. “It’s no longer the original individual on their computer, but additional family members’ identity that can be compromised.”

He explains that even if one organization keeps your data safe, another associated one may not, and that’s where criminals will strike.

“It’s not just medical offices. It’s your pharmacy, labs, insurance company, anyone who keeps personal information. That has real value, and selling it is the priority.”

Victims of identity theft can be revictimized when personal information gets into multiple hands. A street address and verified phone number can go far, especially if the phone contains many contacts, who then become vulnerable to attack themselves.

“If you get Mom’s info, you can get the child’s as well. An ID card, social security, all of it, and then they have the ability to collect false medical claims or just extortion. It’s a two for one.”

Two-Factor Authentication Is Worth the Effort

Pierson mentions how critically important it is to use a multistep authentication system. Your level of protection goes up considerably just by using secure passwords and one-time authentication codes.

Thankfully, setting all this up is easier than it sounds. Apps on your phone or tablet can help. Google Authenticator, when paired with a service that supports authenticator apps, provides a six-digit number that changes every few seconds and can keep people out of your data even if they have your username and password. Other companies ask users to enter an SMS code as the second authentication factor, in addition to a password, although SMS codes are less secure than authenticator apps. Either approach is better than none—unless a hacker is in physical possession of your phone, they are not getting access.

Social Media and Tracking

Social media is becoming a popular way for health care providers and entrepreneurs to connect with the public—and often to sell them treatments or advice. These Instagram or TikTok accounts may offer tips from someone in the medical industry, which can appeal to those facing rising health care costs and difficulties accessing care. But an internet doctor’s background or popularity does not ensure that they observe strong privacy guidelines or secure their transactions.

My Instagram is flooded with offers promising everything from better sleep to improved sexual health. It’s nice to have options, but that help and any information you receive from those accounts or send to them isn’t covered under HIPAA. Any time you pay out of your own pocket for health-related items or services, or on a direct-to-consumer health app, there is no recourse if someone steals your personal information or shares it.

Along with social media and direct-to-consumer health options comes large-scale data tracking. Outside of official medical practices, you should view surveillance as an expectation, rather than an exception.

Ask Questions

When you sign up for any service, whether through a new doctor’s patient portal or an online supplement shop, ask how your data is stored and where it goes. Read the privacy policies and settings, even briefly, to find out what options you have to restrict the sale or reuse of your data. Check the default settings to make sure you’re not giving away too much information. Find out if the service or platform offers two-factor authentication and set that up if it’s available. Know that it’s rare for anyone to need your social security number, no matter what a customer service agent says. A birth date and address is usually enough.

Pierson and others agree that we all need to consider security from several angles and do our best to protect ourselves and our loved ones. “The sophistication of identity attacks will always evolve and change. Remember, they only have to get it right once, but we have to guess right all of the time.”

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rcrhub · 1 year ago

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Top Healthcare Revenue Cycle Management Companies To Know In 2023

In the midst of the digital age's information deluge, a paradox emerges: the surfeit of data can often lead to confusion rather than clarity. This quandary is acutely felt by hospitals, health systems, physician practices, and healthcare organizations as they grapple with the increasingly intricate intricacies of Revenue Cycles. Navigating through the multifaceted interactions with government agencies, private payers, and patients has become a paramount endeavor, ensuring the seamless collection of funds for essential medical services.

Within this landscape, The RCR|HUB emerges as a beacon of streamlined solutions. Addressing the prevalent disparity of information, it serves as a centralized platform where more than 1,100 companies converge, offering cutting-edge Revenue Cycle Management solutions meticulously tailored to the unique demands of Revenue Cycle healthcare sector.

In stark contrast to the vast array of Google search results that can often lead to information overload and added confusion, The RCR|HUB curates a targeted resource. It functions as a strategic compass for industry stakeholders, offering a curated selection of strategies, technologies, and methodologies aimed at simplifying revenue collection processes and elevating the financial efficiency of healthcare establishments.

By housing an extensive spectrum of insights and solutions, The RCR|HUB empowers healthcare RCM teams to surmount the challenges of Revenue Cycle intricacies. It serves as an invaluable repository where healthcare organizations can access comprehensive guidance and discover innovative pathways to not only navigate the complex landscape but to thrive within it. In a world inundated with screens that often leave us lost, The RCR|HUB stands as a unified and purposeful resource, unraveling complexities, and steering healthcare RCM towards a more prosperous and cohesive RCM CommUnity.

To further assist RCM professionals, below is a list of Revenue Cycle Management Categories offered by the RCR|HUB:

- Accounting

- Accounts Receivable Services

- Advisory Board Services

- Archival Software and Services

- Artificial Intelligence (AI) | Machine Learning

- Authorization Software and Services

- Auto, Workers Compensation and VA A/R Services

- Bad Debt Purchasing Groups

- Bad Debt Recovery

- Banking

- Billing

- Billing Compliance Software and Services

- Bundled Payment Software and Services

- Call Center Software and Services

- Care Management Software and Services

- Cash Acceleration Services

- Cash Reconciliation Software and Services

- Charge Description Master Software and Services

- Claim Management

- Clinical Documentation Improvement (CDI) Software and Services

- Coding Services Onshore

- Coding Services Offshore

- Coding Software

- Collection Agency

- Consent Form Software

- Contract Management Software and Services

- Cost Report and Reimbursement Consulting

- Credit Balance

- Credit Scoring Software and Services

- Cybersecurity

- Data Management

- Data Security

- Denial Management Services

- Dictation/Speech Recognition Software and Services

- Early Out Self Pay Collection Services

- EDI Software and Solutions

- Education and Training

- EHR

- Eligibility and Benefit Verification Software and Services

- Enterprise Resource Management & ERP

- Executive Placement

- Financial Assistance

- Financial Services

- Financial Services: Counseling and Point of Service Collection

- HIPAA Compliance Services

- HIPAA EDI Compliance

- ID, Security, and Tracking

- Insurance Accounts Receivable Services

- Insurance Follow-up Workflow Software

- Interim Executive Placement

- IT

- Lean Certification Training and Consulting

- Legal Services

- Management Consulting

- Medicaid Assistance/Enrollment Software and Services

- Medical Billing

- Medical Coding Audit and Accuracy Services

- Medicare Advance Beneficiary Notice (ABN) Software and Services

- Medicare Bad Debt Software and Solutions

- Merchant Software

- Online Bill Pay Software or Bill Pay Software

- Outsourcing

- Patient Accounting Systems

- Patient Identification and Address Verification

- Patient Itinerary and Patient Experience

- Patient Pay Financing

- Patient Pay Workflow Solutions

- Patient Payment Solutions

- Patient Price Estimator Software and Services

- Patient Registration

- Payment Processing Software and Services

- Payor Portal Access Systems

- Performance Measurement

- Post discharge Insurance Discovery

- Practice Management Software and Services

- Propensity to Pay Software and Services

- Provider Credentialing/ Enrollment Software and Services

- Release of Information Software

- Revenue Cycle Consulting & Assessment

- Revenue Cycle Data Analytics

- Robotic Process Automation (RPA)

- Scheduling Software and Services

- Staffing and Recruiting

- Telehealth Billing

- Time and Attendance Systems

- Transfer DRG Review Services

- Untapped Referral Revenue

- Utilization Management

- Vendor Management Software and Services

- Zero Balance Review Services

Confluence of the RCR|HUB's targeted offerings and the multifaceted demands of Revenue Cycle Management encapsulates a transformative potential for RCM leadership. As healthcare organizations embrace online, data-driven solutions like The HUB, they are better equipped to triumph over complexities and cultivate financial resilience partnerships.

Are you ready to transform your Revenue Cycle Management? Take the first step and explore the myriad solutions available at www.rcrhub.com. Unleash the potential to streamline operations, enhance financial efficiency, and thrive in the intricate world of healthcare Revenue Cycle.

#RCM #RCR Hub #healthcare Revenue Cycle Management #Revenue Cycle Management in US healthcare

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coinnewz · 1 year ago

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Centralized exchanges will become gateways for DeFi

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week. The past week in DeFi saw new advancements in zero-knowledge proofs (ZK-proofs) as a scaling solution as more DeFi protocols embraced the technology. A new United States Senate DeFi bill attracted a lot of scrutiny — though not necessarily of the positive kind — as many stakeholders came out to slam the “unworkable” legislation. The CEO of the dydx Foundation made a bold prediction that centralized exchanges will eventually become a gateway for DeFi, while Polygon 2.0 laid the groundwork for decentralized governance. The top 100 DeFi tokens had another mixed week of ups and downs, with most tokens continuing to trade in the same range as the previous week. Centralized exchanges will become gateways for DeFi — DYdX Foundation CEO The dYdX Foundation — an independent DeFi nonprofit founded to support the dYdX protocol — recently launched a public testnet for its latest version, v4. According to the foundation, this puts dYdX ahead of schedule for the impending launch of the v4 mainnet, something the foundation claims represents complete decentralization for dYdX. As Cointelegraph recently reported, the July 5 testnet launch represented the fourth of five milestones dYdX laid out in its 2022 roadmap toward decentralization. Continue reading Polygon 2.0 begins groundwork for decentralized governance Polygon Labs has started work on an expansion intended to include all blockchains and applications running on the Polygon network, and seeks to democratize the upgrade process and encourage community participation. On July 19, the company’s developers proposed revamping the governance mechanism for the forthcoming Polygon 2.0 roadmap to establish several layer 2s on the network. Continue reading Coin Center and Blockchain Association slam ‘unworkable’ U.S. Senate DeFi bill Crypto industry advocacy bodies have slammed a newly proposed U.S. Senate bill for what they say is a confused approach to regulating the DeFi sector. On July 20, crypto think tank Coin Center and crypto advocacy group the Blockchain Association released separate statements describing the legislation as a “messy,” “unworkable” and “unconstitutional” way of regulating DeFi. Continue reading Chainlink launches cross-chain protocol bridging blockchain to TradFi The development firm behind the Chainlink protocol and its native LINK token has gone live with its cross-chain protocol aimed at providing interoperability between traditional financial firms, and public and private blockchains. In a July 17 post on the Chainlink blog, Chainlink Labs chief product officer Kemal El Moujahid announced that its cross-chain interoperability protocol has launched under early access on Ethereum, Avalanche, Polygon, Arbitrum and Optimism. Continue reading DeFi liquidity protocol adds ConsenSys-developed zkEVM rollup Linea Amid the growing popularity of layer-2 scaling solutions based on ZK-proofs, decentralized finance liquidity protocol Symbiosis has added support for Linea, a zero-knowledge Ethereum Virtual Machine (zkEVM)-based scaling solution for cross-chain swaps developed by ConsenSys. Symbiosis said in a statement that Linea is a developer-ready zkEVM rollup, which means it is Ethereum-compatible and thus lets developers reuse a lot of existing infrastructure for creating multi-asset solutions. Linea comprises 100+ protocols, developer tools and decentralized applications, making it a potentially helpful scaling tool for developers in the Ethereum ecosystem. Continue reading DeFi market overview DeFi’s total market value saw a bullish surge after three bearish weeks. Data from Cointelegraph Markets Pro and TradingView shows that DeFi’s top 100 tokens by market capitalization had a bullish week, with most tokens trading in the green. The total value locked in DeFi protocols remained below $50 billion. Thanks for reading our summary of this week’s most impactful DeFi developments. Join us next Friday for more stories, insights and education regarding this dynamically advancing space. Source link Read the full article

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college-girl199328 · 2 years ago

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Ontario has released a comprehensive healthcare plan to shorten wait times and localize access to care across the province. Minister Sylvia Jones announced details of the program at a press conference on Thursday morning in Toronto.

The government also released a 50-page document with three broad pillars as a framework for the province’s healthcare plan moving forward: The Right Care in the Right Place, Faster Access to Care, and Hiring More Health Care Workers.

This plan comes on the heels of the government's updated three-step approach to expanding for-profit surgical and diagnostic centers. Ontario doctors have said investing in private health care will only exacerbate staffing shortages and wait times for urgent care.

Ontario NDP health critic and MPP, France Gelinas, said Thursday that residents should not be “fooled” by the Ford plan, claiming it is poised to privatize the healthcare sector.

Gelinas adds that the province should instead end Bill 124 and implement a massive staff recruitment and retention plan where they get paid fairly.

Right Care in the Right Place focuses on localizing health care in Ontario. To do so, the government said they are expanding their team-based approach to health care, mental health supports, and medications prescribed at pharmacies.

It said it was working on adding four more Ontario Health Teams to the existing 54. This will help patients transition between healthcare providers and ensure patients' medical records follow them wherever they seek care. This will add up to 1,200 physicians to this model over the next two years, the government said. The plan outlines the addition of eight youth wellness hubs, on top of the 14 pre-existing ones, which help young people connect to mental health and substance use supports, primary care, and social services.

The government also reiterated its expansion of 13 medications that pharmacists can now prescribe, a change that began on Jan 1. In the future, the government will eliminate old-fashioned machines and replace them with digital alternatives.

The second pillar, “Faster Access to Care,” aims to tackle long wait times, the government said. According to the plan, the government will reduce the backlog and cut waiting times for surgeries and procedures.

This will first be addressed by tackling the existing backlog for cataract surgeries – which Ontario says has the longest waits – by issuing four new licenses to health centers in Windsor, Kitchener-Waterloo, and Ottawa, the government reported. The province said it was also investing millions more in existing centers. This will tackle wait times for MRI and CT scans, ophthalmic surgeries, minimally invasive gynecological surgeries, and plastic surgeries.

As a result of the government plan, paramedics now have more leeway in treating certain 911 patients. They can achieve this by allowing them to be treated in their community rather than in emergency rooms.

In the case of long-term care, Ontario claims that by adding nearly 60,000 new and upgraded beds, it will be able to reduce waitlists and ensure seniors receive the care they require in the most appropriate setting. This is in addition to the more than 3,500 hospital beds constructed by the province since 2018.

The final pillar, “Hiring More Health Care Workers,” will work to expand the province’s workforce through initiatives such as hiring, training, and education. The region has announced plans to expand its education program over the next five years by adding 10 undergraduate seats and 295 postgraduate positions at medical schools.

Starting this spring, the province said it would also expand its “Learn and Stay” grant, which will be available to approximately 2,500 eligible postsecondary students. The funding covers tuition and books for those who enroll in “high-priority programs” in underserved communities, like nursing, paramedic, and medical laboratory science, in exchange for working in those communities for up to two years after graduation.

The government reiterated their revised “As of Right” rules, which eliminated the registration requirement for out-of-province healthcare workers to lower the barrier of entry to practice in Ontario. The report also outlines the government’s efforts to make it “easier” and “faster” for international nurses to practice in the province. The plan nods to a new portable benefits program in the works. This program has been referenced as a way to attach health benefits to individual workers instead of employers. There were no additional details on what these benefits would entail or when they would roll them out.

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