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HELP US STOP CHAT CONTROL!
If you live in the EU, you absolutely need to pay attention to what's to come. What is Chat Control, you may ask? In a (failed) attempt to combat child abuse online the EU made Chat Control, Chat Control will result in getting your private messages and emails to be scanned by artificial intelligence aka AI to search for CSAM pictures or discussion that might have grooming in there. And on top of having your private conversations handed to AI or the police to snoop in, like your family pictures, selfies, or more sensitive pics, like the medical kind, only meant to be seen by your doctors, or the "flirtatious" kind you send to your partner, you either have to ACCEPT to be scanned...or else you will be forbidden from sending pictures, videos, or even links, as said here.
Kids should absolutely be protected online, without question, but the things that Chat Control gets wrong is that this is a blatant violation of privacy, without even considering the fact that AI WILL create tons of false positives, this is not a theory, this is a fact. And for all the false positives that will be detected, all of them will be sent to the police, which will just flood their system with useless junk instead of efficiently putting resources to actual protect kids from predators.
It also does not help that politicians, police officers, soldiers etc will be exempt from Chat Control if it passes. If it's for the sake of protection, shouldn't everyone get the same treatment? Which further prove that Chat Control would NOT keep your data of private life safe. Plus, bad actors will simply stop using messenger apps as soon as they know they're being tracked, using more obscure means, meanwhile innocent people will be punished by using those services On top of this, the EU also plans on reintroducing Data retention called "EU Going Dark". Both Chat Control and EU Going Dark are clear violation of the GDPR, and even if they shouldn't stand a chance in court, its not going to prevent politicians from trying to ram these through as an excuse to mass surveil European citizens, using kids as a shield. Even teenagers sending pictures to each other won't be exempt, which entirely goes against the purpose of protecting kids by retaining their private photos instead. Furthermore, once messaging apps are forced to comply with Chat Control, the president of Signal, a secured messaging app with encryption, have confirmed that they will be forced to leave the EU if this is enforced against them.
If Chat Control also ends up targeting any websites with the option of private messages, you better expect Europe to be geo-blocked by any websites offering such function. I would also like to add that EU citizens were very vocal in the fight against KOSA, an equally bad internet bill from the US-- and it showed! Which is why we heavily need the help of our fellow US peers to fight against Chat Control too, so please, because we all know if it passes, the US government will take a look at this and conclude "Ooh, a way to force mass surveillance on citizens even more than before? don't mind if I do!" It's always a snowball effect.
KEEP IN MIND THE EUROPE COUNCIL WILL LIKELY VOTE ON CHAT CONTROL THIS 19 JUNE OF NEXT WEEK TO SEE IF IT WILL ENTER TRILOGIES OR NOT. Even if it does enter Trilogues, the fight will only be beginning. Absentees may not count as a no, so it is crucial that you contact your MEPs HERE, as well as HERE, and you can also show your support for Edri's campaign against Chat Control HERE.
You can read more on Chat Control here as well, and you can find useful information as to which arguments to use when politely contacting your MEP (calling is better than email) here, and beneath you will find graphics you can use to spread the word!
YOU CAN ALSO JOIN OUR DISCORD SERVER (linked here) TO HELP ORGANIZE AGAINST CHAT CONTROL NON EU PEOPLE ARE MORE THAN WELCOME TO JOIN TOO!
https://discord.gg/FPDJYkUujM
PLEASE REBLOG ! NON EU PEOPLE ARE ENCOURAGED TO REBLOG AS WELL CONTACT YOUTUBERS, CONTENT CREATORS, ANYONE YOU KNOW THAT MAY HELP GET THE WORD OUT ! Let's fight for our Internet and actually keep kids safe online! Because Chat Control and EU Going Dark will only endanger kids.
PLEASE REBLOG! NON EU PEOPLE ARE ENCOURAGED TO REBLOG AS WELL CONTACT YOUTUBERS, CONTENT CREATORS, ANYONE YOU KNOW THAT MAY HELP GET THE WORD OUT !
Let's fight for our Internet and actually keep kids safe online! Because Chat Control and EU Going Dark will only endanger kids.
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Dandelion News - January 8-14
Like these weekly compilations? Tip me at $kaybarr1735 or check out my Dandelion Doodles!
1. In Chicago, all city buildings now use 100 percent clean power
“As of January 1, every single one of [Chicago’s municipal buildings] — including 98 fire stations, two international airports, and two of the largest water treatment plants on the planet — is running on renewable energy, thanks largely to Illinois’ newest and largest solar farm.”
2. California Rice Fields Offer Threatened Migratory Waterbirds a Lifeline
“Cranes need nighttime roosting sites flooded to a depth of about 3 to 9 inches, so they can easily hear or feel predators moving through the water. [... Bird Returns pays] farmers to flood their fields during critical migration periods [... and] provide foraging sites by leaving harvested rice or corn fields untilled, so cranes can access the leftover grain.”
3. New York Climate Superfund Becomes Law
“[Funds recovered “from major oil and gas companies” will be used to pay for] the restoration of stormwater drainage and sewage treatment systems, upgrades to transit systems, roads and bridges, the installation of green spaces to mitigate city heat islands and even medical coverage and preventative health programs for illnesses and injuries induced by climate change.”
4. Austin says retooled process for opening overnight cold-weather shelters is paying off
“[... T]he city's moves to lower the temperature threshold to open shelters and announce their activation at least a day in advance were the result of community feedback. [Shelter operators also passed out hot food.]”
5. Helping Communities Find Funding for Nature-Based Solutions
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““From coastal oyster reefs to urban stormwater greenways, nature-based solutions are becoming the new normal.” That’s because these types of projects are often less expensive to build and have additional community benefits, such as improving water quality or creating parkland.”
6. Saving the Iberian lynx: How humans rescued this rare feline from extinction
“Back in the early 2000s, fewer than 100 individuals roamed the wild, including only 25 reproductive females. [...] Conservation staff [...] shape these cats into resourceful hunters and get them ready for life outside the center. [...] They’re fine-tuning captive-breeding routines, improving veterinary procedures, and pushing for more wildlife corridors.”
7. Biden cancels student loans for 150,000 more borrowers
“The 150,000 new beneficiaries announced Monday include more than 80,000 borrowers who were cheated or defrauded by their schools, over 60,000 borrowers with total and permanent disabilities and more than 6,000 public service workers[...] bringing the number whose student debt has been canceled during [Biden’s] administration to over 5 million[....]”
8. PosiGen wins another $200M for lower-income rooftop solar
“PosiGen offers a “no credit check” [solar panel installation to] those with a higher percentage of their income going to power and fuel bills[....] “somewhere between 25 and 75 percent” of the consumer’s monthly energy savings could come from efficiency measures such as sealing heating and cooling leaks, replacing thermostats, and installing LED lights[....]”
9. Indigenous communities come together to protect the Colombian Amazon
“At this year’s COP, Indigenous peoples celebrated the [protection of] traditional knowledge, innovations and practices[... and] the Cali Fund, which ensures that communities, including Indigenous peoples, receive benefits from the commercial use of [...] genetic data derived from the biological resources that they have long stewarded.”
10. How the heartland of Poland’s coal industry is ditching fossil fuels - without sacrificing jobs
“[Katowice, a former coal city] committed to reducing CO2 emissions by 40 per cent compared to 1990, prioritising investments in green infrastructure, and promoting renewable energy and energy efficiency. [...”]The gradual departure from heavy industry did not bring high social costs in our city,” says Marcin Krupa, Mayor of Katowice City.”
January 1-7 news here | (all credit for images and written material can be found at the source linked; I don’t claim credit for anything but curating.)
#hopepunk#good news#chicago#clean energy#renewableenergy#california#birds#cranes#migratory birds#climate action#climate crisis#climate change#new york#texas#homelessness#unhoused#homeless shelter#nature#green infrastructure#lynx#iberian lynx#spain#endangered species#student debt#solar energy#indigenous#poland#solar panels#solar power#biodiversity
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Ticketmaster jacks us for billions so it can pocket millions
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NEXT WEEKEND (June 7–9), I'm in AMHERST, NEW YORK to keynote the 25th Annual Media Ecology Association Convention and accept the Neil Postman Award for Career Achievement in Public Intellectual Activity.
Corruption is a system of concentrated gains and diffused costs: cheaters make a lot of money, and their victims each lose a little. The cheater has a much larger pool of money to spend on keeping the scam going, and the victims need to pay again to fight the cheater.
Actually, it's worse. The victim pays once when they are cheated, then, they pay a second time (in time and/or money) when they fight back against the cheater.
But in order to fight back effectively, the victims need to band together – it doesn't make sense for one victim to pony up to counter the cheater, because the cheater stole from a lot of people and can therefore spend far more than the victim lost and still come out ahead.
This is the third time the victim pays: they pay the "collective action" tax of locating other victims, agreeing to a common strategy for fighting back, and then coordinating with all those co-victims to keep the campaign up.
But actually, it's even worse. Because most corruption isn't just dishonest, it's incredibly wasteful. Corruption involves stealing ten dollars from you to make a dime for the cheater. The polluter who gives you cancer rather than cleaning up their industrial process costs you millions in medical bills – and maybe costs your family the lifelong trauma and expense of living with your death. They pocket an infinitesimal fraction of those costs. The rest is just wasted. They're setting your house on fire to spare themselves the cost of a match to light their cigar.
This is yet another way in which the deck is stacked in favor of corruption. A victim of corruption is placed in a condition of precarity and misery from which is it difficult to marshal a counteroffensive. The cheater, meanwhile, is made stronger and more comfortable by their corrupt activities. Immiserated victims must undertake the hard, ongoing work of acting together to be effective against the cheater. The cheater answers only to themself, avoiding the collective action costs that the victims pay every time they seek to act.
All of this is why we have governments. A government is (said to be) a democratically accountable way to meet the concentrated power of the corrupt with the concentrated power of the victims of corruption. Governments are many things, but they are especially a way of solving the collective action problem of enforcing the rules against cheaters. This is partially in service to justice – no one likes to be cheated, and a society of rampant and routine cheating is unstable and prone to collapse.
But it's also a matter of efficiency. While it makes a certain kind of selfish sense for the cheater to liquidate our dollar to make their penny, from a societal perspective, it's a catastrophe. Letting Wall Street slumlords corner regional markets in single family dwellings makes large amounts of money for their investors, but it costs those cities unimaginable amounts in public services as their housing stock decays, homelessness spikes, and schools and public services crumble for want of local taxes.
The paltry sums that Flint's creditors extracted by insisting on switching to a chlorinated water-supply that leeched lead out of the city's water infrastructure are crumbs compared to the vast, lifelong costs of giving an all the children in a city lead poisoning, to say nothing of the costs to the city as a city nor forever tainted by this unspeakably evil crime.
This is why inequality – and its handmaiden, monopoly – is so dangerous. The more concentrated private wealth becomes, the harder it is for the state to police, and the more likely it is that this private wealth will corrupt our officials. We see this all around us – for example, when Supreme Court justices receive lavish gifts from billionaires whom they later rule in favor of:
https://pluralistic.net/2023/04/06/clarence-thomas/#harlan-crow
Through the neoliberal era – the past forty years of billionaire-friendly Reaganomics – we've seen increasing concentration in wealth, coupled to increasing collusion between the wealthy and the government to protect the corrupt against the public. Think of the IRS's long decay, in which it turned a blind eye to increasingly blatant tax evasion by the ultra-wealthy, while training its fire on working people who fudge a few bucks on their returns:
https://pluralistic.net/2022/04/13/taxes-are-for-the-little-people/#leona-helmsley-2022
Likewise, think of the governmental obsession with "welfare cheats," no matter what the cost to families who are kicked off food stamps and Medicaid:
https://armandalegshow.com/episode/medicaid-enrollment/
All this in the midst of a corporate crime-wave that is not only unpunished, it's utterly unremarked-upon:
https://pluralistic.net/2021/12/07/solar-panel-for-a-sex-machine/#a-single-proposition
This emphasis on benefits cheating and indifference to corporate crime really highlights the drag that corruption places on a society's efficiency. Even if you believe that there's a lot of welfare fraud (there isn't!), the dollar in "undeserved" food stamps spent by a cheater costs society…a dollar. Meanwhile the dollar that a corporate criminal makes by skimping on workplace safety costs society thousands of dollars to care for the worker who is then maimed on the job.
This is very easy to see in the world of corporate environmental crime. The "social cost of carbon" measures the total cost of pollution: the injuries caused by marinating in fossil fuel extraction, processing and combustion byproducts; as well as the loss of life and property from climate events. These costs are blistering, so high that every MWh of renewable power we bring online saves us $100 in social carbon costs:
https://pluralistic.net/2024/05/30/posiwid/#social-cost-of-carbon
Governments that sleep on corporate crime are objectively governing badly. That's why the antitrust failures of every US presidential administration from Carter to Trump are so damning: they set the stage for later corruption that would not only be carried out on a larger scale than smaller firms could accomplish, but also for those large firms to corrupt the political process.
This is the Ticketmaster story. The superpredator that is today's Ticketmaster is the end-point of a series of ever-more corrupt mergers, waved through by every-more pliable presidential administrations. It was bad enough when Bush I allowed Ticketmaster to gobble up Ticketron in 1990. After all, the company had already proven itself to be a cesspit of corrupt, bullying activity.
The Ticketron acquisition kicked off a two-decade-long corporate crime-spree that produced a mountain of evidence proving Ticketmaster's nature as an inherently corrupt enterprise that acquired power for the purpose of abusing that power, at the expense of creative workers, the public, and the owners of venues:
https://www.rollingstone.com/music/music-news/pearl-jam-taking-on-ticketmaster-67440/
Despite this, the Obama administration waved through an acquisition that was obviously far more dangerous that the Ticketron caper: the 2010 merger between Ticketmaster and the concert promoter Live Nation:
https://en.wikipedia.org/wiki/Live_Nation_Entertainment#History
After a decade and a half of vertical monopoly power – Ticketmaster/Live Nation controlling ticketing, promotion and venues – the company has grown from a dangerous octopus with its tentacles twined around the industry into a kraken that is strangling every kind of live event and everyone who earns a living from them. This has produced an ever-more obvious string of scandals, most notably the company's assault on Swifties:
https://pluralistic.net/2022/11/20/anything-that-cant-go-on-forever-will-eventually-stop/
A combination of mounting public outrage (with Swifties at the vanguard) and the Biden administration's generational enthusiasm for smashing corporate power has led, at last, to a reckoning with the Ticketmaster kraken:
https://pluralistic.net/2024/04/30/nix-fix-the-tix/#something-must-be-done-there-we-did-something
Ticketmaster is a famously opaque organization. When Rebecca Giblin and I were working on Chokepoint Capitalism, our book on monopoly and creative labor markets, we were able to speak on the record to insiders from every part of the industry, except live performance:
https://chokepointcapitalism.com/
As soon as we raised Ticketmaster/Live Nation with club owners and other events industry insiders, they'd go pale and quiet and tell us that they didn't feel comfortable staying on the record. TM/LN has a well-deserved mafia-style reputation for savage retaliation against snitches.
With the DOJ Antitrust Division chasing Ticketmaster through the courts, we're starting to get a rare, on-the-record glimpse of TM/LN's operations, as its internal documents find their pay into court records. In response Ticketmaster's spokesliars have embarked on an epic spin campaign, to "contextualize" these damning numbers and paint the company as a weak, low-margin business that has been unfairly set-upon by the bullies at the DOJ.
In his BIG newsletter, Matt Stoller offers a spectacular, must-read breakdown of these documents and the ensuing spin:
https://www.thebignewsletter.com/p/is-ticketmaster-telling-the-truth
Stoller starts with Ticketmaster's insistence that it is barely profitable. Though this is true on paper, the numbers just don't add up. For one thing, anyone who's bought a ticket can see, printed on its face, TM's junk fees: "a 'service fee' without any obvious service [and] a 'convenience fee' that is anything but convenient."
Far more damning is a comparison between the price of a Ticketmaster ticket in the US vs the EU. The EU has legally mandated competitive ticketing, and the tickets there are far cheaper. A US ticket to see Taylor Swift will run you $2,600 – the same ticket costs $340 in the EU. As Stoller writes:
An American could fly to Paris, spend a few nights at a nice hotel, see a Taylor Swift concert, and fly back, for less than it costs to see that same show in the U.S.
How to make sense of this contradiction? How can Ticketmaster show such a low profit margin on its books but somehow end up costing event-goers such an absurd premium?
Start with the fact that Ticketmaster has three businesses, not just one. They sell tickets, but they also promote concerts (that is, front the money for personnel, travel and marketing), and they also own a bunch of the largest and most profitable venues in the country.
This allows them to play a shell-game that's very similar to (and possibly not actually different from) money-laundering, where money is shuffled between entities in order to shield it from creditors, suppliers or tax agents:
https://www.thebignewsletter.com/p/explosive-new-documents-unearthed
But this presents a problem for Ticketmaster. They're a publicly traded company and their investors demand high returns. And unlike performers or venue owners, investors have power over Ticketmaster management. Keeping "margin per ticket" number as low as possible lets Ticketmaster minimize the revenue it has to share with the people who actually do the work and invest the capital in live performances. But for investors, they need to show another number, one that's as high as possible, to keep the investors happy.
That number is "Adjusted Operating Income" or AOI. While gross margins are the difference between the face value of a ticket and the sum remitted to the venue and the performer, AOI factors in all the other revenue TM/LN books from that ticket, like kickbacks. TM/LN's AOI is very healthy: it's 37% on tickets and 61% on promotions.
Those sums delight TM/LN's investors, and they express their joy through lavish executive compensation packages. CEO Michael Rapino is America's fifth-highest paid CEO, at $139m/year (that's eight times the Fortune 500 average). His sidekick Joe Berchtold is America's highest paid CFO, at $54m. The total AOI for TM/LN is $732m/year – and 19% of that is being paid to two of its execs.
But LN/TM has a third line of business: operating venues. The AOI for these venues is just 1.7%. If this were a normal, cutthroat business, you'd expect those same return-focused investors to insist on their handsomely compensated execs selling off that low-margin turkey. But nevertheless, TM/LN keeps those venues on its books.
When those execs talk to the public, they use the poor profit margins of ticketing and the poor AOI on venues to plead poverty: "how can we be a monopoly when we're barely scraping by?"
But when they talk to the investors who decide whether to pay them 800% of the S&P500 average, they are more forthcoming.
Keeping the margins low on tickets – and making up the money with kickbacks and other corrupt payments – means that potential rival ticketing firms can't afford to get into the business. Without the venue and promotion business, those rivals wouldn't be able to command kickbacks. They'd have to subsist on the rock-bottom margins that are competitive with Ticketmaster.
Likewise those venues: ownership of key venues lets Ticketmaster/Live Nation force out credible rivals in important markets, and keep new ones from emerging, because again, they'd have to make a living on that paltry 1.7% AOI (or the even lower profit margins!).
As Joe Berchtold, the highest-paid CFO in America, told an analyst:
I don't think Concerts AOI per fan is a logical way to look at it. I think if you look at how we've talked about our business, we've talked about our business across the multiple pieces. So you have to look at it, what's the concerts plus sponsorship plus ticketing AOI per fan.
Berchtold is paid roughly $26,000/hour. Those words take roughly 25 seconds to utter, so that's a $7.20 explanation, but it contains a wealth of information – it's basically the DoJ's case in a nutshell.
But Stoller points out a curious fact that isn't captured here. Remember when I told you that TM/LN's NOI is $732m/year? What I didn't mention is the company's gross revenue: $16.7 billion.
When TM/LN talks about how shitty their business is, and therefore they can't be a monopoly, this is the trump card. How could a company creaming off a mere $732 million off $16.7 billion in gross revenue be a monopolist with "pricing power"?
This is where understanding corruption helps clarify our understanding and cut through the bullshit. Corruption is vastly wasteful. In order to extract $732m from $16.7b, TM/LN has to engage in a lot of wasteful and corrupt activities. They have to bribe other key players in the system, spend vast fortunes on lobbying, and generally do a lot of unproductive things with their money.
This is concentrated gains and diffuse losses. In order to command the highest salary of any American CFO, Berchtold has to cook up and maintain this process. In order to earn his $139m/year, Rapino has to play mafia don and keep everyone is his supply chain sufficiently terrorized or sufficiently greased to maintain omerta.
These two men take home a fifth of Ticketmaster's net income because they possess a rare and valuable skill. They are able to obfuscate a corrupt arrangement, enrobing it in layers of performative complexity, until the average musician, concertgoer, or lawmaker, can't understand it. Any attempt to unravel it will induce a deadly, soporific confusion. The investment industry term for his is MEGO (My Eyes Glaze Over), the weaponization of complexity. A skilled MEGO artist can convince you that the pile of shit they're peddling is so large that there must be a pony under it somewhere.
Here's Stoller, de-MEGOfying the TM/LN story:
Live Nation has a giant capital intensive unprofitable division of putting on concerts, from which it skims for its real cash flow. But this leverage among different subsidiaries means that it has an incentive to push up the cost of concerts overall, not just for its own profit. This incentive operates in two different ways. One, since ticket fees are based on the price of a ticket, Live Nation seeks higher prices for tickets so it can move more cash to its Ticketmaster subsidiary. And two, since Live Nation itself gets rebates by overpaying for venues, it has the incentive to push up the cost of shows. No one can undercut Live Nation, as it’s a monopoly.
You might think that this is a lot of mental energy to expend on understanding live performances. If you're not trying to see Taylor Swift, does any of this matter?
It assuredly does. Understanding how Ticketmaster's shell-game works is critical to understanding the similar shell-games played by many other kinds of monopolists, who have wrapped their tentacles around all the other parts of our lives. As David Dayen and Lindsay Owens write for The American Prospect, the companies that avoided monopoly prosecution by ripping off suppliers have bled those suppliers dry, and now they're coming for their customers:
https://prospect.org/economy/2024-06-03-age-of-recoupment/
From groceries to plane tickets, rent to cab rides, Amazon to Ticketmaster, we are living through the "Age of Recoupment," when the long con of lowering prices to secure monopolies flips enters it final stage: greedflating the shit out of customers, and using the monopolist's power over regulators to avoid consequences.
Today, everywhere consumers turn, whether they are shopping for groceries at the local Kroger or for plane tickets online, they are being gouged. Landlords are quietly utilizing new software to band together and raise rents. Uber has been accused of raising the price of rides when a customer’s phone battery is drained. Ticketmaster layers on additional fees as you move through the process of securing seats to your favorite artist’s upcoming show. Amazon’s secret pricing algorithm, code-named “Project Nessie,” was designed to identify products where it could raise prices, on the expectation that competitors would follow suit. Companies are forcing you into monthly subscriptions for a tube of toothpaste. Banks have crept up the price of credit, so customers who cannot afford price-gouging in their everyday transactions get a second round of price-gouging when they put purchases on credit. Expedia is using demographic and purchase history data to set hotel pricing for an audience of one: you.
When these companies end up in front of angry attorneys general, DOJ lawyers, or an FTC investigation, they'll use the Ticketmaster/Live Nation playbook to try and wriggle off the hook. They'll point to some barely-profitable (or money-losing) part of their business and say, "How could a monopolist possibly be running a business this shitty?"
If the DOJ makes its case against Ticketmaster, it will set a precedent, both in court and in policy circles, for understanding how a monopolist's corruption works. Monopolists aren't always businesses with gigantic margins. Like other criminals, their corruption can produce spectacular wealth and spectacular waste at the same time.
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/2024/06/03/aoi-aoi-oh/#concentrated-gains-vast-diffused-losses
#pluralistic#Michael Rapino#matt stoller#monopoly#antitrust#trustbusting#monopolism#poormouthing#credit mobilier#corruption#kickbacks#shell game#financial engineering#flywheels#live nation#ticketmaster#take rate#Joe Berchtold#guillotine watch#aoi#accounting tricks#mego#adjusted operating income
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Bramhall
* * * *
LETTERS FROM AN AMERICAN
November 14, 2024
Heather Cox Richardson
Nov 14, 2024
Two snapshots today illustrate the difference between the economic—and therefore the societal—visions of the Biden-Harris administration and of the incoming Trump administration.
The Biden-Harris administration today released numbers revealing that over the past four years, their policies have kick-started a boom in the creation of small businesses across the country. Since the administration took office, entrepreneurs have filed more than 20 million applications for new businesses, the most of any presidential term in history. This averages to more than 440,000 applications a month, a rate more than 90% faster than averages before the pandemic. Black business ownership has doubled, and Hispanic business ownership is up by 40% since before the pandemic.
The administration encouraged that growth with targeted loans, tax credits, federal contracts, and support services. Small businesses are major job creators and employ about 47% of all private sector employees.
President Joe Biden rejected the “neoliberalism” of the previous 40 years that had moved about $50 trillion dollars from the bottom 90% of Americans to the top 1%. Those embracing that theory maintain that the government should let markets operate without regulation, concentrating wealth among a few people who will invest it more efficiently than they can if the government intervenes with regulations or taxes that hamper the ability of investors to amass wealth.
Biden and Harris returned the U.S. to the model that both parties had embraced until 1981: the idea that the government should regulate business, provide a basic social safety net, promote infrastructure, and protect civil rights. That system had reduced extremes of wealth in the U.S. after the Great Depression and given most Americans a path to prosperity.
Biden’s policies worked, enabling the U.S. to recover from the pandemic more quickly than any other country with a modern economy, sending unemployment to historic lows, and raising wages faster than inflation for the bottom 80% of Americans.
It has also had social effects, most notably today with the announcement from the Centers for Disease Control and Prevention that the U.S. is seeing a historic drop in deaths from the street drug fentanyl. From June 2023 to June 2024, deaths dropped by roughly 14.5%, translating into more than 16,000 lives saved. Experts say the drop is due to better addiction healthcare, the widespread availability of the opioid reversal drug naloxone, and lower potency of street fentanyl.
If the record of the extraordinary growth of small businesses in the past four years is one snapshot, the other is a social media post from yesterday, in which former pharmaceutical executive Vivek Ramaswamy noted that the government spends $516 billion a year on “programs which Congress has allowed to expire.” “We can & should save hundreds of billions each year by defunding government programs that Congress no longer authorizes,” he wrote.
Bobby Kogan, who worked in President Joe Biden’s Office of Management and Budget and on the Senate Budget Committee, explained that Congress often authorizes spending as “temporary” in order “to encourage Congress to revisit it to update various parts of the bill, such as eligibility, benefits, etc.” But Congress can still fund the programs in appropriations bills.
Kogan noted that the largest program currently operating under expired authorization is veterans’ medical care.
Trump and his advisors embrace the neoliberalism Biden rejected. Rather than invest in the economy to create opportunities for middle-class Americans and those just starting out, they want to slash the existing government to free up more capital for investors.
Trump has tapped the world’s richest man, Elon Musk, who invested at least $132 million in cash in Trump’s campaign as well as the in-kind gift of the support of X, and former pharmaceutical executive Vivek Ramaswamy to run a “Department of Government Efficiency,” or DOGE, named for Musk’s favorite cryptocurrency.
According to the Washington Post’s Jeff Stein, Elizabeth Dwoskin, Cat Zakrzewski, and Jacob Bogage, people around Musk say the group is intended to “apply slash-and-burn business ideologies to the U.S. government.” Musk has vowed to slash “at least” $2 trillion from the federal budget and has warned it will create “hardship.”
That the people embracing this plan see a world in which a few elites run things showed in today’s social media post by the “DOGE.” The post called for “super high-IQ small-government revolutionaries willing to work 80+ hours per week on unglamorous cost-cutting. If that’s you, DM this account…. Elon & Vivek will review the top 1% of applicants.”
Such cuts would be enormously unpopular, and in the Washington Post yesterday, Stein, Dwoskin, Zakrzewski, and Bogage reported that Trump’s aides are exploring ways to enact dramatic cuts to the government without congressional approval. Key among those is simply refusing to release the money Congress appropriates for programs Musk and Trump want to cut. This is known as “impoundment,” and Congress made it illegal in 1974 after President Richard Nixon tried to shape the government to his wishes by refusing to fund congressional programs he opposed.
Trump tried to do this quietly in 2019 by refusing to release the money Congress had appropriated for Ukraine to fund its fight against Russian incursions until Ukraine president Volodymyr Zelensky smeared Biden. When the threat came to light, the House of Representatives impeached Trump. Although the Senate ultimately acquitted Trump, according to Senator Ted Cruz (R-TX) all the Republican senators agreed he had done as the House charged.
Now Trump’s team apparently hopes that a pliant Supreme Court will declare the 1974 Impoundment Control Act unconstitutional, permitting Trump—or Vice President J.D. Vance, should Trump not be able to fulfill his term—to shape the government without consulting Congress.
Because of the 2024 presidential election, Trump will soon be able to return the country to the neoliberal vision of the 40 years before Biden, supercharging it with the help of unelected billionaire Elon Musk, who recently claimed the title of being the “George Soros of the right,” a reference to the liberal philanthropist who has been the bogeyman of right-wing pundits.
But it’s not at all clear that Americans actually want that supercharged neoliberalism. As vote counts are continuing, it has become clear that Trump’s victory was slim indeed. New numbers from Nate Silver suggest he will not clear 50% of voters.
At the same time, a new study out today from Data for Progress showed that people who paid “a great deal” of attention to political news voted for Vice President Kamala Harris +6, while those who paid “none at all” went +19 for Trump.
Many of those voters got their information from social media or right-wing websites, but one of those today underwent a historic change. The satirical news outlet The Onion bought right-wing radio host and conspiracy theorist Alex Jones’s InfoWars at auction. Jones’s property was up for sale because juries found him guilty of defamation and awarded his victims about $1.5 billion in damages. After the 2012 shooting at the Sandy Hook Elementary School in Connecticut that killed 26 students and teachers, Jones insisted the event was a hoax designed to provide an excuse for gun safety regulations. He and his supporters harassed the victims’ families for years.
Jones appeared to be trying to keep control of InfoWars by having a company associated with him buy it up under the terms of the bankruptcy and restore it to him. But Sandy Hook families worked with The Onion to keep it from returning to Jones’s hands. Jones is screaming that the sale that took it away from him was a conspiracy. The company associated with him, First United American Companies, is already protesting the sale in court.
Jones rose to prominence in 1993, when he dropped out of community college to start a talk radio show that warned the government was making war on Americans. His shtick echoed the anti-communist grifters of the post–World War II years that promised small donors that their contributions could stop the creeping communism in the United States. Jones became popular enough that he went on to found InfoWars, which made him rich from the sale of nutritional supplements. The theme of InfoWars was that “There’s a war on for your mind!” and that only people like him could deliver the truth.
But his lies cost him a billion dollars, and now, noting that “InfoWars has shown an unswerving commitment to manufacturing anger and radicalizing the most vulnerable members of society,” The Onion has bought his website, which it plans to relaunch in January as a parody of Jones and a site that promotes gun safety legislation. But the chief executive officer of The Onion, Ben Collins, told Kim Bellware of the Washington Post: “It’s not just [Jones], it’s the people on Instagram trying to get you to drink raw milk; it’s the [multilevel marketing] people trying to get you to join a scam…. Those people have outsize impact in our completely bifurcated and balkanized media environment.”
LETTERS FROM AN AMERICAN
HEATHER COX RICHARDSON
#Bramhall#heather cox richardson#Letters from an American#incoming#InfoWars#economic vision#economic policy
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Hi! Do you have any headcannons of the boys taking care of you when you’re sick?
Hello there Anon! Thanks for your patience as I catch up on requests. I hope you like these 💕🕊️
Dick Winters: When he's sick, he fully expects himself to just push through like he normally would. Whoever notices that he's not feeling well practically has to force him to sit down and rest. But if you're sick? Completely different story - he's immediately asking questions, trying to figure out what's wrong; making you tea; taking your temperature; looking for a medic, if he thinks you need one. Would put his whole day on hold just to help you.
Ron Speirs: Second verse, same as the first. He would feel so helpless if there wasn't much that he could do. Unsure of how to express that, he would do whatever you asked: making you tea, reading to you, and his favorite, just holding you while you rest.
Lewis Nixon: He's powered through plenty of hangovers, but he can tell that whatever you're experiencing is worse - and that scares him. He probably calls Dick for help, because let's face it, his upbringing did not prepare him for this, and he feels out of his depth. Just know that his heart is in the right place and that he plans on being there for you every second until you feel better. He'll talk you through it all, which helps distract himself from the fear he feels. God forbid anything should happen to you on his watch.
Carwood Lipton: Like Winters and Speirs, he expects himself to push through his own sickness, but would bend over backwards to help you if you're unwell. As an "Acts of Service" type of man, this is truly his time to shine. Don't expect to do anything but rest up all day, because Lip has got everything under control.
Babe Heffron: His first instinct would be to ask Roe for help. Once he gets a few pointers, he's well on his way. He would be so sweet the whole time, giving you plenty of cuddles or plenty of space - whichever you prefer in the moment. Doesn't care about you getting him sick at all. He knows that he can make it through just fine, but he's going to make sure that you feel better before he even considers worrying about himself.
Eugene Roe: So efficient! (But, if he's being honest with himself, also a little scared, because he hates to see someone that he loves so much feeling so poorly.) Lucky for you, he knows all the remedies to get you feeling better in no time - and he's humble about how quickly he has you feeling better again.
Bill Guarnere: He would both try and do anything to make you feel better. You want one of his ma's home remedies? He's calling her right now for the recipe. You just want to be held and take a nap? He's your guy. It's honestly kind of startling to see how differently he can act, because he's so gentle and encouraging throughout the whole thing. Because in his mind, that's just what a good boyfriend does.
Joe Toye: Definitely the guy who drives you to the doctor the second you develop a temperature. There's no way that he's taking a chance with your health, because you never know when things might be very serious. Don't worry, he'll drive carefully - but still in the fast lane, really pressing the speed limit.
George Luz: George may have missed his calling to be a nurse, because his bedside manner is just so good. He knows exactly when to put the joking on pause and when you could use a little laugh to lighten your mood. Also he makes The Best™️ tomato soup and grilled cheese combo you could possibly imagine. That stuff could cure anything.
Don Malarkey: Okay listen, this man is insanely good at cuddling. You could spend all day pressed up against him and he wouldn't mind. He'd put on whatever show you currently like and would hold you through the whole thing, while also taking breaks between episodes to make sure that you're staying hydrated and taking your medicine.
Shifty Powers: He lives by the belief that fresh air, sunshine, and a good attitude can cure just about anything. He would definitely sit on the porch swing with you, gently rocking you back and forth in the late afternoon sunshine and talking to you about anything and everything to raise your spirits. Also a huge fan of giving out forehead kisses when you rest your head on his shoulder. Not to sound overdramatic, but those things might just have some sort of magic healing quality in them.
Joe Liebgott: This man hardly ever takes a day for himself. He's up early and working late, just because every hour feels like it needs to be filled with productivity. But the second you get sick? Everything is put on hold. Good thing he has so many sick-days saved up, because he'll use them all if he has to, just to stay by your side and take care of you. Don't even think about telling him that you're fine, because he's going to be right there, making sure you're okay.
David Webster: Similar to Nixon, he does not come from a background that equipped him for any of this. But he's trying his best! He'll whip up some of the most horrendous soup in history before he gives in and orders it for you - after all, he's trying to help you get better, not make you worse. His favorite way to comfort you would be reading to you, no doubt about it.
Skinny Sisk: He's a little bad at hiding his concern for you. Literal embodiment of the "🥺" emoji every time that he takes your temperature and sees that it hasn't lowered yet. He holds your hand a lot, rubbing his thumb over your knuckles, which is so soothing. Turns out that he's really good at making the perfect tea, so prepare to drink the best peppermint tea of your life.
Skip Muck: Such a sweetheart, are you kidding me? Like Luz, he knows when to shelve the jokes and when you could use a good laugh. He would be so attentive, and calls his mom and sister for advice, just to make sure that he's doing everything right. The reassuring smiles he gives you every time that he comes into the room work better than any medicine ever could.
Bull Randleman: Basically becomes a doctor the second that he realizes that you don't feel well. I mean, this man just jumps into action and seems to know exactly what to do, it's amazing. With everything that he's doing to help you, he still finds time to be right by your side whenever you wake up from naps. Prepare to wake up to a smile that feels like the morning sun greeting you.
Floyd Talbert: It's . . . a little chaotic at first, but he's got the spirit. It's sweet, though, how hard he's trying, because it shows you that he cares. He's definitely having a bit of an internal panic since he's never done this before, but once he calms down, he'll take good care of you. Might go a little heavy on the seasoning in the chicken noodle soup, but hey, it's the thought that counts.
#band of brothers x reader#dick winters x reader#lewis nixon x reader#ron speirs x reader#carwood lipton x reader#babe heffron x reader#bill guarnere x reader#eugene roe x reader#joe toye x reader#george luz x reader#don malarkey x reader#shifty powers x reader#joe liebgott x reader#david webster x reader#skinny sisk x reader#bull randleman x reader#floyd talbert x reader#band of brothers head canon#band of brothers headcanon#band of brothers#my writing
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(Mr. Tenure, M.T.): Is there any warhammer lore you would like to hear about?
In exchange i would like you to tell me about cyberpunk lore.
(M.T.): My first request is Trauma Team.
(Professor, Prof.): Oh! I don't even know where to begin with Warhammer. lol I'll absolutely take a look though!
(M.T.): Might I suggest a couple of starting points?
(Prof.): Absolutely!
(M.T.): I think i might be able to narrow it down.
(M.T.): I am going to ask a series of questions, you answer with your gut.
(M.T.): Chaos, space marines, or xenos?
(Prof.): Give me chaos.
(M.T.): Gods, chaos spacemarines, or warp?
(Prof.): Gods.
(M.T.): Korne, Nugle, Slaanesh, or tzeeche?
(Prof.): Slaanesh sounds familiar!
(M.T.): How about just with gods and then I will focus on slaanesh first.
(Prof.): I'm sold.
(M.T.): The big 4 warp gods/entities are, as listed above, Slaanesh, Nugle, Tzeeche, and korne.
(M.T.): That doesn't mean there aren't minor warp gods, these are just the biggest in play of the "eternal" game.
(M.T.): The eternal game is an eternal struggle between the top/current top gods.
(M.T.): If you have any questions, don't hesitate to ask.
This professor would like to teach fluidly.
(Prof.): I will let you know. lol
(M.T.): Starting with a brief, pun intended, on Slaanesh to be followed up upon later.
Slenesh, 100% sure i spelt wrong, is the warp entity of excess.
(M.T.): Slanesh has several moniker but the best to know for now is "the prince of delights, goddess of pleasures.
(M.T.): Nurgle, is the god of Entropy. Grandpa Nurgle.
(M.T.): Korne is the god of blood. He doesn't care were or how but as long as the blood flows.
(M.T.): Tzeeche warp god of Magick, and change. The twister of fate.
(M.T.): So on to the main discussion of Slanesh?
(M.T.): Also I would ask you to tell me when you are tapping out for the night.
(Prof.): I'm just waiting to offer Trauma Team. lol
(Prof.): Continue!
(M.T.): Oh, that may be a while.
Mine is much shorter, shall I?
(M.T.): Make sure to annotate where I left off, I will struggle to remember.
Of course, of course.
(M.T.): When your ready.
(Prof.): Game wise, Trauma Team has a subscription plan where your character can be extracted from a critical situation. It requires a Biomonitor that summons Trauma when your character gets critically injured.
In Cyberpunk 2020, Trauma Team International is a subscription-based armed ambulance service that will rescue clients from anywhere. They're often a fire team dropped in via AV and they'll engage anyone that tries to stop them from extracting their client. Considered a "neutral" corp, they have one of the highest public approval ratings of the mega corps besides Biotechnica.In Cyberpunk Red, Trauma Team North America is the diminished version of International, wrecked by the 4th Corporate War and rebuilding. They still provide the same services from Trauma Team Tower in Watson.
Trauma Team is in a rivalry with REO Meatwagon, a "budget" ambulance service that preys on the poor. Tends to rack up medical bills and then harvest organs when their customers can't pay. They try to "beat" Trauma Team to the scene to provide help to people in panic. They do not have the same firepower as Trauma Team.Major lore points include Edgerunners; David’s mother works for REO Meatwagon and Maine demolishes a Trauma Team when he goes cyberpsycho. 2077 has a prequel comic about a Trauma Team and in 2077 itself they feature in the tutorial mission where you rescue Sandra Dorset from scavvers by clearing them out and unblocking her Biomonitor so it can contact Trauma.
(M.T.): Ok.....was that off your head or a copy paste?
(Prof.): I was writing when you were. lol
(Prof.): I am extremely efficient.
(M.T.): Fuck, it read like a copy paste from a wiki
(Prof.): But yeah, all off the top otherwise. lol I love me some Cyberpunk.
(M.T.): I see, a critical difference in information, collation.
(Prof.): They also have cameos throughout Night City when you're exploring and they briefly appear when the heist at Konpeki Plaza goes south.
(M.T.): I wanted your from the heart off the cuff lore dump, and I got a wiki. Lmao
(M.T.): It just means our teaching methods will be different.
(M.T.): I teach a fluid course on my current hyper fixation like a professor who's had tenured for years, your teaching method will be college professor seeking tenure.
(M.T.): I feel your a black coffee, whiskey straight, kinda guy.
(Prof.): And you wouldn't be wrong!
(Prof.): If we were both the same, it would hardly be engaging.
(M.T.): But that was very informative, thank you for the lesson. As I lean back in my overstuffed desk chair, wearing grease stained sweats.
(Prof.): And my best is pressed with a tie bought yesterday.
(M.T.): Ready to return to my lesson, or would you prefer some more enlightening banter?
(Prof.): Slaanesh, was it? I got the god bod background.
(M.T.): My best is a three piece suit.
Use to have a tailored one.
But oh I got fat.
(Prof.): Isn't that always the case?
(M.T.): Slaanesh, the goddess and prince of exxcess.
(Prof.): Ah yes! It sounds this god has... both parts?
(M.T.): Yes.
Consider me eager. Go on.
(M.T.): I will most likely refer to them as them, but any identity is conceivable.
(Prof.): Gender is fluid. I don't concern myself with constructs!
(M.T.): Agreed.
(M.T.): Slaanesh was created millions of years ago, when the Eldari, space elves, reached such exces of existence Slaanesh was birthed as punishment, and their old gods eaten and dispersed among the other big 4.
Slaanesh eats the souls of the Eldari, there are many splinter factions.But any excess grants the power.
(M.T.): The warp is a pure energy mirror of our universe, and all universe. So any thought strong enough to show up in the warp gives energy to the warp.
So for Slaanesh it's any excess. Gluttony, sex, drugs, depravity.They revel in and seek to devoure all Eldari souls.
(Prof.): Sounds just like desserts.
(M.T.): To be blessed by Slaanesh, would grant anything from a second tounge to taste food so much better, to it feels like eternal ejaculations every time you fart.
(M.T.): I will have to call the lesson for the night. I am a little high and having difficulty remembering alot about slaanesh.
(M.T.): Not my Chaos god, so not well versed.
(Prof.): That's a-ok! Did I answer enough about Trauma Team?
(M.T.): For now.
(M.T.): I am interested in more cool lore stuff, so let's start with all the cool lore you have on Adam smasher.
(M.T.): But not now, tomorrow.
(M.T.): Good night Professor.
(Prof.): Done deal! Good night, Mr Tenure!
(M.T.): Would you mind if I posted this last conversation on Tumblr, i want to ask and see if we can get some fun art of Professor and Mr. Tenure.
(Prof.): I'm all for it!
(M.T.): Cool
(A conversation between myself and a life long friend. Hoping for art of the two. If I could draw what I see in my head I would)
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The Biden-Harris administration today released numbers revealing that over the past four years, their policies have kick-started a boom in the creation of small businesses across the country. Since the administration took office, entrepreneurs have filed more than 20 million applications for new businesses, the most of any presidential term in history. This averages to more than 440,000 applications a month, a rate more than 90% faster than averages before the pandemic. Black business ownership has doubled, and Hispanic business ownership is up by 40% since before the pandemic.
The administration encouraged that growth with targeted loans, tax credits, federal contracts, and support services. Small businesses are major job creators and employ about 47% of all private sector employees. President Joe Biden rejected the “neoliberalism” of the previous 40 years that had moved about $50 trillion dollars from the bottom 90% of Americans to the top 1%. Those embracing that theory maintain that the government should let markets operate without regulation, concentrating wealth among a few people who will invest it more efficiently than they can if the government intervenes with regulations or taxes that hamper the ability of investors to amass wealth.
. . .
If the record of the extraordinary growth of small businesses in the past four years is one snapshot, the other is a social media post from yesterday, in which former pharmaceutical executive Vivek Ramaswamy noted that the government spends $516 billion a year on “programs which Congress has allowed to expire.” “We can & should save hundreds of billions each year by defunding government programs that Congress no longer authorizes,” he wrote.
Bobby Kogan, who worked in President Joe Biden’s Office of Management and Budget and on the Senate Budget Committee, explained that Congress often authorizes spending as “temporary” in order “to encourage Congress to revisit it to update various parts of the bill, such as eligibility, benefits, etc.” But Congress can still fund the programs in appropriations bills. Kogan noted that the largest program currently operating under expired authorization is veterans’ medical care.
Trump and his advisors embrace the neoliberalism Biden rejected. Rather than invest in the economy to create opportunities for middle-class Americans and those just starting out, they want to slash the existing government to free up more capital for investors.
. . .
Such cuts would be enormously unpopular, and in the Washington Post yesterday, Stein, Dwoskin, Zakrzewski, and Bogage reported that Trump’s aides are exploring ways to enact dramatic cuts to the government without congressional approval. Key among those is simply refusing to release the money Congress appropriates for programs Musk and Trump want to cut. This is known as “impoundment,” and Congress made it illegal in 1974 after President Richard Nixon tried to shape the government to his wishes by refusing to fund congressional programs he opposed.
. . .
Now Trump’s team apparently hopes that a pliant Supreme Court will declare the 1974 Impoundment Control Act unconstitutional, permitting Trump—or Vice President J.D. Vance, should Trump not be able to fulfill his term—to shape the government without consulting Congress.
. . .
At the same time, a new study out today from Data for Progress showed that people who paid “a great deal” of attention to political news voted for Vice President Kamala Harris +6, while those who paid “none at all” went +19 for Trump.
More at the link.
------
He controls congress, the military, the police, and the courts. He can and will do whatever he wants.
Three years ago today, President Joe Biden signed into law the Infrastructure Investment and Jobs Act, more popularly known as the Bipartisan Infrastructure Act. That law called for approximately $1.2 trillion in spending, about $550 billion newly authorized spending on top of regular expenditures. As Biden noted today, it was “the largest investment in our nation’s infrastructure in a generation.”
In the past three years, the Biden administration launched more than 66,000 projects across the country, repairing 196,000 miles of roads and 11,400 bridges, as well as replacing 367,000 lead pipes and modernizing ports and airports. Today the administration announced an additional $1.5 billion in funding for railroads along the Northeast Corridor, which carries five times more passengers a day than all the flights between Washington, D.C., and New York City.
In his first term, Trump had promised a bill to address the country’s long-neglected infrastructure, but his inability to get that done made “infrastructure week” a joke.
Biden got a major bill passed, but while the administration nicknamed the law the “Big Deal,” Biden got very little credit for it politically. Republicans who had voted against the measure took credit for the projects it funded, and voters seemed not to factor in the jobs and improvements it brought when they went to the polls last week
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Why Amruta Gold is Your Trusted Partner for Selling Old Gold
Introduction
When it comes to selling old gold, the decision can feel overwhelming. After all, you're dealing with something valuable—both sentimentally and monetarily. Choosing the right partner is critical to ensure a smooth, secure, and profitable experience.
That’s where Amruta Gold steps in as your trusted ally in converting unused gold into instant cash. For more information, visit Amruta Gold.
Understanding the Process of Selling Old Gold
What Does 'Old Gold' Mean?
Old gold refers to jewelry, coins, or other gold items you no longer use or need. These could be outdated designs, that hold monetary value despite their condition.
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Life is full of unexpected moments. Whether it's an emergency, a major life event, or simply a desire to declutter, selling old gold Hyderabad offers a practical solution. It turns idle assets into tangible cash while creating room for something new.
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Common Scenarios Where Selling Gold Makes Sense
Emergencies
From medical bills to unexpected expenses, selling old gold Hyderabad can provide quick financial relief.
Major Life Events
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Selling old gold doesn’t have to be complicated or stressful. With Amruta Gold, you’re guaranteed transparency, competitive pricing, and a customer-centric approach. Trust Amruta Gold to turn your unused gold into cash while offering a seamless and secure experience. For any inquiries or to start your selling process, visit Contact Us.
FAQs
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#amrutagold#1 gold buyers#gold buyers hyderabad#best place to sell gold in vijayawada#business#best gold buyers hyderabad
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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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Why You Need to Outsource Medical Billing Services to a Third-Party Medical Billing Company
In today's complex healthcare landscape, managing medical billing can be a daunting task for healthcare providers. From coding and claims submission to payment posting and denial management, the intricacies of medical billing can significantly impact a practice's revenue cycle. Outsource medical billing services to a third-party medical billing company can streamline operations, improve efficiency, and ultimately boost your bottom line.
Benefits of Outsourcing Medical Billing Services
Enhanced Efficiency: A dedicated medical billing company has the expertise and resources to streamline your billing processes. They can automate tasks, reduce errors, and accelerate claim processing, leading to faster payments.
Increased Revenue: By outsourcing, you can ensure accurate and timely claims submission, minimizing denials and maximizing reimbursement. A specialized billing company can identify and recover lost revenue, optimizing your revenue cycle.
Reduced Administrative Burden: Offloading medical billing tasks to a third-party company allows your staff to focus on patient care and other core competencies. This frees up valuable time and resources, improving overall productivity.
Compliance Adherence: Staying up-to-date with ever-changing healthcare regulations can be challenging. A reputable medical billing company has the knowledge and experience to ensure compliance with HIPAA, ICD-10, and other relevant regulations, mitigating legal and financial risks.
Improved Cash Flow: Timely claim processing and efficient payment collection can significantly improve your cash flow. A dedicated billing company can optimize your revenue cycle, ensuring you receive payments promptly.
Challenges of In-House Medical Billing
High Staffing Costs: Hiring and retaining qualified billing staff can be expensive, especially in competitive markets.
Complex Regulations: Keeping up with the ever-evolving healthcare regulations requires specialized knowledge and ongoing training, which can be a significant burden.
Time-Consuming Tasks: Manual data entry, claim submission, and follow-up can be time-consuming and prone to errors.
Limited Expertise: In-house staff may lack the specialized expertise to handle complex billing scenarios and appeals processes effectively.
Services Offered by a Medical Billing Company
Claims Submission: Accurate and timely submission of claims to payers.
Coding and Billing: Correct coding of medical services and procedures.
Payment Posting: Efficient posting of payments and adjustments.
Denial Management: Effective handling of denied claims, including appeals and resubmissions.
Follow-up on Claims: Timely follow-up on outstanding claims to expedite payment.
Financial Reporting: Detailed financial reports to track revenue and expenses.
Staffing Cost Savings
By outsourcing medical billing, you can significantly reduce staffing costs. You won't need to hire and train in-house billing staff, saving you money on salaries, benefits, and overhead expenses.
Overhead Cost Savings
Outsourcing can also help you save on overhead costs. You won't need to invest in billing software, hardware, and other infrastructure. Additionally, you can reduce office space requirements, further lowering your overhead expenses.
How Right Medical Billing LLC Can Save Your Money and Time
Right Medical Billing LLC is a leading medical billing company that can help you streamline your revenue cycle and improve your bottom line. Our experienced team of billing experts offers a comprehensive range of services, including:
Expert Billing Services: Our team stays up-to-date with the latest industry regulations and coding guidelines to ensure accurate and timely claims submission.
Advanced Technology: We leverage cutting-edge technology to automate tasks, reduce errors, and accelerate the billing process.
Dedicated Account Managers: You'll have a dedicated account manager to oversee your billing operations, ensuring smooth communication and timely resolution of issues.
Improved Cash Flow: Our efficient follow-up and denial management processes help you collect payments faster, improving your cash flow.
Reduced Administrative Burden: By outsourcing your medical billing, you can free up your staff to focus on patient care, leading to increased productivity and patient satisfaction.
Why Choose Right Medical Billing LLC?
By choosing Right Medical Billing LLC, you can:
Increase Revenue: Our expertise in coding, billing, and claims submission can help you maximize reimbursement.
Improve Efficiency: Our streamlined processes and advanced technology can significantly reduce turnaround time for claims.
Enhance Compliance: Our team ensures adherence to all relevant regulations, mitigating legal and financial risks.
Reduce Costs: Our cost-effective solutions can help you save money on staffing, technology, and overhead expenses.
Improve Patient Satisfaction: By freeing up your staff to focus on patient care, you can enhance patient satisfaction and loyalty.
In conclusion, outsourcing medical billing services to a reputable company like Right Medical Billing LLC can provide numerous benefits, including increased efficiency, improved revenue, reduced administrative burden, and enhanced compliance. By partnering with us, you can streamline your operations, improve your cash flow, and focus on what matters most: providing quality patient care.
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Comprehensive Pharmacy Billing Services by iMagnum Healthcare Solutions
Introduction: Pharmacy billing services are crucial for ensuring that pharmacies get reimbursed accurately and on time for the medications they dispense. With increasing complexity in billing and claims processes, pharmacies require specialized support to handle everything from insurance claims to resolving denials. iMagnum Healthcare Solutions offers tailored Pharmacy Billing Services designed to streamline the billing process, minimize errors, and enhance cash flow for pharmacies.
What Are Pharmacy Billing Services? Pharmacy billing services encompass managing claims submissions, verifying patient eligibility, and handling insurance rejections. iMagnum Healthcare Solutions specializes in providing efficient Pharmacy Billing Services that allow pharmacies to focus on patient care while we manage the financial aspects of the business.
Challenges in Pharmacy Billing: Pharmacies often face challenges such as insurance rejections, complex medication codes, and billing errors that delay payments. iMagnum Healthcare Solutions’ Pharmacy Billing Services help overcome these challenges by utilizing expert billing teams and advanced technology to ensure smooth and timely reimbursements.
The iMagnum Healthcare Solutions Approach: At iMagnum Healthcare Solutions, we handle every step of the pharmacy billing process, from submitting claims to following up on payments. Our team ensures accuracy and efficiency, reducing the chances of denials and rejections. We also offer real-time reporting so pharmacies can stay informed about their revenue cycle performance.
Key Benefits of Pharmacy Billing Services: By partnering with iMagnum Healthcare Solutions for Pharmacy Billing Services, pharmacies can reduce billing errors, improve cash flow, and ensure timely reimbursements. Our services help pharmacies maintain compliance with payer regulations and free up valuable resources for patient care.
Conclusion: Pharmacy billing can be complex, but with iMagnum Healthcare Solutions' expert Pharmacy Billing Services, pharmacies can reduce errors, ensure timely payments, and focus on what matters most—patient care. Contact us today to learn how our services can benefit your pharmacy.
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Transforming the Health Landscape: The Global Blockchain in Healthcare Market
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The integration of blockchain technology into the healthcare sector is revolutionizing the way medical data is managed, shared, and secured. As the demand for transparent, efficient, and secure healthcare services grows, blockchain offers promising solutions to longstanding challenges.
Understanding Blockchain in Healthcare
Blockchain Technology is a decentralized digital ledger that records transactions across multiple computers in a way that ensures the security and transparency of data. In healthcare, blockchain can be used to manage patient records, track pharmaceuticals, ensure the integrity of clinical trials, and streamline administrative processes. The immutable nature of blockchain helps in preventing data breaches, ensuring data accuracy, and enhancing patient privacy.
According to BIS Research, the Global Blockchain in Healthcare Market was estimated to grow to a value of $5.61 billion by 2025, and still the market is showing a steep growth till 2030 witnessing a double-digit CAGR growth rate throughout the forecast period.
Key Market Dynamics
Several factors are driving the growth of the global blockchain in healthcare market:
Data Security and Privacy:
Need for robust data security and privacy solutions.
Healthcare data breaches are a growing concern.
Blockchain's secure, immutable nature protects sensitive patient information.
Interoperability and Data Sharing:
Facilitates seamless data sharing between healthcare providers and systems.
Overcomes current interoperability issues.
Leads to better patient outcomes by providing a comprehensive view of health history.
Supply Chain Transparency:
Tracks the entire lifecycle of drugs in the pharmaceutical industry.
Ensures the authenticity of medications.
Helps combat counterfeit drugs.
Efficient Administrative Processes:
Streamlines various administrative processes, such as billing and claims management.
Reduces fraud and administrative costs.
Support from Regulatory Bodies:
Increasing support from regulatory bodies and governments.
Initiatives by FDA and EMA to explore blockchain for drug traceability and clinical trials boost market growth.
Request for an updated Research Report on Global Blockchain in Healthcare Market Research.
Global Blockchain in Healthcare Industry Segmentation
Segmentation by Application:
Data Exchange and Interoperability
Supply Chain Management
Claims Adjudication and Billing Management
Clinical Trials and Research
Others
Segmentation by End-User:
Healthcare Providers
Pharmaceutical Companies
Payers
Others
Segmentation by Region:
North America
Europe
Asia-Pacific
Latin America and Middle East & Africa
Future Market Prospects
The future of the global blockchain in healthcare market looks promising, with several trends likely to shape its trajectory:
Integration with AI and IoT: The integration of blockchain with artificial intelligence (AI) and the Internet of Things (IoT) will enhance data analytics, predictive healthcare, and real-time monitoring.
Expansion of Use Cases: New use cases for blockchain in digital healthcare will emerge, including patient-centered care models, personalized medicine, and enhanced telemedicine services.
Focus on Patient-Centric Solutions: Blockchain will enable more patient-centric healthcare solutions, empowering patients with greater control over their health data and enhancing patient engagement.
Development of Regulatory Frameworks: The establishment of clear regulatory frameworks and industry standards will facilitate the widespread adoption of blockchain in healthcare.
Conclusion
The Global Blockchain in Healthcare Industry is poised for significant growth, driven by the need for enhanced data security, interoperability, supply chain transparency, and efficient administrative processes. By addressing challenges related to regulatory compliance, implementation costs, standardization, and scalability, and leveraging opportunities in technological advancements, investments, partnerships, and government initiatives, the potential of blockchain in healthcare can be fully realized. This technology promises to revolutionize healthcare delivery, enhancing efficiency, transparency, and patient outcomes, and setting new standards for the future of digital health.
#Blockchain in Healthcare Market#Blockchain in Healthcare Industry#Blockchain in Healthcare Market Report#Blockchain in Healthcare Market Research#Blockchain in Healthcare Market Forecast#Blockchain in Healthcare Market Analysis#Blockchain in Healthcare Market Growth#BIS Research#Healthcare
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All right, folks, my ko-fi shop is set up and ready to go! I’m still uploading products, so if you don’t see your favorite double exposure, be sure to check back later!
You can also tip me if you like my writing, my virtual photography, or just wanna help me out in general! I’m thinking about opening commissions on my double exposures and virtual photography only, but we’ll see how the shop does first. If that’s something you’d like to see in the future, please don’t hesitate to drop me a message. In the meantime, if there’s any particular game you’d like to see, or any specific images from my virtual photography tag you’d be interested in purchasing a print of, feel free to let me know!
I’ll post a breakdown of why I price the way that I do under the cut, if that’s something you’re interested in seeing. I know a lot of folks want to see exactly what they’re paying for!
So why $20? I price all of my prints this way so that shipping is always free! I use WHCC to fulfill all of my print orders because they can do a much better job of printing and packaging a perfect product for you than I ever could. This ensures that the process is as efficient and cost effective as possible, and you get a beautiful, professional quality print delivered straight to your door in packaging that will keep it safe and protected. This also ensures the lowest possible cost of shipping internationally. They’re also just wonderful folks in general, and their customer service is second to none, not to mention the print quality is absolutely stunning, so I trust them completely with handling your orders! Of course, if there is an issue, please don’t hesitate to reach out to me, and I will take care of it for you.
Drop shipping through WHCC has a flat rate of $7.95 in the U.S., and $7.95 international shipping plus additional possible fees depending on the country, though none of the countries I entered into the USPS shipping calculator had any additional fees. USPS international shipping is actually very reasonable, and because you will be getting a flat envelope, standard postage rates typically apply. I’ve also been using USPS international shipping for years with my goat halter business, and have never seen any exorbitant rates come through on any of my orders.
Additionally, the cost of printing your 8x10 luster print (semi-gloss) is $2.75, bringing the total overhead cost to $10.70. Given that most of my double exposures take a minimum of three hours to complete, not including time spent in game capturing the images used in each edit, that brings my hourly compensation to $3.10, give or take, for a total profit of $9.30. I don’t include time spent in game because, well, I’m playing a video game! I enter photomode as the spirit moves me, often with no real idea in mind for a potential double exposure. Usually I just stop and say something like, “Oh wow, that’s neat,” and then spend half an hour taking pictures. It’s fun for me, and I enjoy it immensely, and that’s payment enough for that part of the process.
By and large, I consider each of my double exposures a labor of love, and I do them because I enjoy them and I want them to exist. But, to be perfectly frank, I could use the extra income for my medical bills, so I decided maybe a print shop wouldn’t be such a bad idea, since so many folks were interested in them on Twitter. Admittedly, I haven’t had much luck with selling my prints with my other shop, so even though I will be making less in terms of profit with ko-fi, it does seem to be a more user friendly option. The other shop is still open if you’d prefer to purchase from there, though the shipping is not free (which I think might be some folks’ issue with it).
Either way, thanks so much for reading and for supporting me!
#she speaks#virtual photography#ghost of tsushima#yakuza#death stranding#god of war#red dead redemtion#double exposure#my art#my screenshots
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Contact us for Best Service
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Agima's solutions don't come in a box that can just be plugged in and used. We take pleasure in being able to swiftly recognise your problems and provide solutions while always keeping in mind how little disturbance you require in your practise. For more than 35 years, both locally in Florida and throughout the country, we have assisted companies. We are familiar with the healthcare system, the Florida market, and the unique possibilities and difficulties posed by interventional pain management. Every member of our team has at least a doctorate in their discipline and at least ten years of experience working in the medical industry. To effectively implement our strategy, theory and practise must be combined. Our experts have a combined total of more than 70 years of practical experience in issue solutions. That is a lot of issues, and there are even more answers.
Fran has over 30 years of experience Management Health Office and providing healthcare. Fran has established national plans for hospital chains and medical practises while working in the marketing and operations sectors of the healthcare industry. In addition to having previously ran her own billing business, Loida has over 28 years of management expertise in multispecialty clinics with several locations. The Medical Billing Coding Near Me - Team at Agima is now completely under her management. Prior to focusing on medical billing and management, Andrew was a physical therapist by training. He has that uncommon blend of 'know how' in both billing and medicine as a consequence.
As a physician, you undoubtedly already understand how crucial it is to have a capable "behind-the-scenes" crew to keep your practise running smoothly. A well-run practise may often make the difference between a happy and unhappy patient. The Agima management team has more than 50 years of combined experience managing doctor's offices, including in all of the following fields: Human Resource Management, Operations Management, Physician and Staff Recruitment, Practice Review, Scheduling Efficiencies, Scheduling Medical Records, and Vendor management. It's crucial that your practise get every dollar it is due to given that payers are progressively tightening their purse strings. It is one of a practice's most crucial elements since every practise requires a consistent and dependable cashflow in order to exist. Visit us online at http://www.agimamed.com/
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Short Term Loans UK Direct Lender can help you obtain a perfect Loan
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Looking for a great loan arrangement that is quickly and efficiently granted to you? Here, your search is over. Simply fill out an application for a short term loans UK to be eligible to get funds in the range of £100 to £2,500 with a 4-week repayment period commencing on the date of approval.
Following is a list of several short-term financial needs for which this loan has been approved: such as: child's tuition or school fees, unforeseen automobile or vehicle repairs, unplanned trip expenses, credit card payments, past-due hotel rents, light bills, medical bills, etc.
Ashort term loans UK direct lender help people with poor credit characteristics like defaults, arrears, county court judgements, skipping installments, or bankruptcy to get the greatest financial assistance. You must meet a few requirements, including being an 18-year-old citizen of the UK, employed by a reputable company, and having a legitimate, active checking account with no debit card need.
If you meet the aforementioned requirements, you can quickly and hassle-free obtain the short term loans UK accepted. You must fill out a straightforward application form with the necessary information before submitting it on the website for confirmation. If all the information is accurate, the lender will approve your loan, and it will be sanctioned quickly and immediately into your bank account.
When Should UK Short Term Loans With Instant Payout Be Used?
Short term loans are intended to provide customers with Payday Quid to help them get through an emergency or unforeseen expense in the UK. If you work for yourself, for instance, and your computer or car breaks down, you might need to get a loan to fix or replace it. You cannot make any money without those necessary instruments, after all. For those who have no other options, including savings or credit card availability, an immediate loan online provides a crucial service. In a similar vein, short term loans direct lenders may be the best option for borrowers who need quick access to more cheap forms of credit and who need financial independence to get themselves out of difficult circumstances.
For those who have access to other, more affordable types of credit, short term loans UK direct lender might not be the best option. Some folks might already have access to credit cards with low interest rates or cards that they can use to make monthly payments in full. In that scenario, our advice is to continue using these more affordable credit options. An immediate loan is also not the best choice for folks who have a low-interest overdraft. Our rapid loans are made to be quick and convenient, but there are less expensive options available.
So, who makes a good candidate for a same day loans UK? For those of you who cannot get credit that is more inexpensive or who want our fast, convenient, and customized services. A short term loan may even help to build credit if it is repaid in full and on schedule. Using them and repaying them can raise your credit score as long as you don't 'rollover' the loan or apply for a new one each month. You might even be able to get credit in the future at a lower cost thanks to this.
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How can redesigning the medical billing process improve healthcare services?
From Frustration to Innovation: The Power of Redesigning Medical Billing in Healthcare!
Table of content
1. Introduction
2. Streamlining of Billing Process
3. Improving transparency
4. Enhancing precision and minimizing mistakes
5. Expedited reimbursement cycles
6. Cost saving
7. Enhance patient-centric care
8. Conclusion
1. Introduction
The process of medical billing is complicated and causes frustration and confusion for patients and healthcare providers. It has a negative impact on the financial stability of healthcare organizations due to billing mistakes, long reimbursement periods, and administrative challenges. These issues ultimately affect the quality of patient care. By redesigning the medical billing process, we can greatly improve healthcare services. In this article, we will discuss the benefits of revamping the medical billing system and how it can enhance the delivery of healthcare.
2. Streamlining of Medical Billing Process
The medical billing process, as it stands now, is characterized by intricate procedures, a plethora of paperwork, and numerous intermediaries involved in the process. This complexity leads to inefficiencies and creates challenges for both patients and healthcare providers. Recognizing the need for improvement, there is a call to streamline this process.
Through process redesign, healthcare organizations can enhance and rationalize their billing procedures. One approach is the adoption of electronic health records (EHRs), which enable the digitization of patient information and facilitate more efficient billing practices. By integrating billing systems with other healthcare software, such as appointment scheduling or patient management systems, the overall workflow can be optimized.
Optimizing the medical billing process brings about several advantages. Firstly, it reduces errors in billing, ensuring that accurate information is recorded and transmitted. This helps prevent issues like overcharging or undercharging patients or insurance companies. Secondly, it improves the speed of payment cycles. By reducing delays caused by paperwork or manual processing, healthcare providers can receive payment for their services in a timelier manner, enhancing their financial stability.
3. Improving transparency
The lack of transparency in the conventional medical billing process is a significant concern. Patients often find it challenging to understand the intricate codes and specialized terminology used in medical bills. As a result, they feel confused and dissatisfied with the billing experience.
To address this issue, there is a need to redesign the billing system in a way that promotes improved transparency. This can be achieved by developing bills that are easy for patients to comprehend. These bills would provide a breakdown of the services they received and the corresponding charges associated with each service. By presenting the information in a clear and straightforward manner, patients can better understand what they are being billed for and how much they are expected to pay.
Enhancing transparency in medical billing has several benefits. Firstly, it empowers patients to make well-informed decisions about their healthcare and financial obligations. When patients can easily understand the services they received and the costs involved, they can make more informed choices about their treatment options and budgeting.
Secondly, improved transparency reduces the likelihood of billing conflicts and disputes. When patients have a clear understanding of their bills, they are less likely to question or contest the charges. This helps to foster a positive relationship between healthcare providers and patients, minimizing potential conflicts and improving overall satisfaction.
4. Enhancing precision and minimizing mistakes
In the healthcare industry, accuracy and precision are of utmost importance. Errors in medical billing can have significant consequences, such as delayed payments and strained relationships between healthcare providers and patients. To mitigate these risks, healthcare organizations are increasingly turning to automated systems and cutting-edge technologies like artificial intelligence (AI) and machine learning.
Healthcare organizations can streamline and optimize their billing processes by implementing automated systems. These systems leverage AI and machine learning algorithms to analyze and interpret complex billing data. They can identify potential errors, inconsistencies, and discrepancies in coding, documentation, and claims submissions. This level of scrutiny helps catch mistakes that might otherwise go unnoticed, resulting in more accurate and reliable billing.
The use of AI and machine learning in medical billing brings several benefits. First and foremost, it minimizes human error. Manual data entry and processing are prone to mistakes, but automated systems can perform tasks with high accuracy and consistency. This reduces the likelihood of billing errors that can lead to payment delays or disputes with insurance companies.
5. Expedited reimbursement cycles
The billing procedure in the healthcare industry can be lengthy and complex, leading to delayed reimbursement for healthcare establishments. This delay in receiving payments puts financial pressure on the organizations, affecting their cash flow and ability to provide quality care. To alleviate this issue, it is crucial to implement measures that expedite the reimbursement cycles.
One approach to improving reimbursement cycles is to redesign the billing process by incorporating technology. By leveraging electronic systems, healthcare organizations can automate the submission and processing of claims. This means that instead of relying on manual paperwork and physical mail, claims can be submitted electronically, speeding up the entire process.
Real-time eligibility verification is another important component of expediting reimbursement cycles. By utilizing technology to verify patient insurance eligibility in real time, healthcare organizations can quickly determine coverage and avoid potential payment delays due to eligibility issues. This proactive approach helps streamline the billing process and ensures that claims are submitted for services that are covered by insurance.
Automated payment posting is also an effective strategy for accelerating reimbursement. Rather than manually processing and posting payments, automated systems can accurately and promptly record and post payments. This reduces the time and effort spent on manual reconciliation and speeds up the reimbursement process.
By implementing these technological advancements and streamlining the billing process, healthcare organizations can significantly reduce the time it takes to receive reimbursement for services provided. This has several benefits. Firstly, it improves the financial management of the organization by ensuring a more consistent and predictable cash flow. This allows healthcare establishments to better plan and allocate resources for patient care, staffing, and other operational needs.
Additionally, expediting reimbursement cycles enhances the overall efficiency and productivity of the organization. It reduces the administrative burden on staff, freeing up time and resources that can be redirected toward patient care and other value-added activities.
6. Cost saving
Healthcare organizations face a considerable financial burden due to administrative expenses related to billing. The implementation of automation and process optimization in the billing system redesign can potentially lead to a reduction in costs. By reducing manual tasks, healthcare providers can allocate their resources toward enhancing patient care. Moreover, an effective billing procedure can aid in detecting potential revenue loss and the execution of tactics to optimize reimbursements.
7. Enhance patient-centric care
The primary objective of redesigning the medical billing process is to enhance patient-centric care. Through the streamlining and enhancement of billing processes, healthcare providers can devote additional time and resources to concentrate on providing exceptional, patient-centered care. By implementing an efficient billing system, healthcare institutions can improve patient contentment, foster more robust patient-provider connections, and enhance healthcare results.
8. Conclusion
In conclusion, the conventional medical billing procedure has been a persistent cause of dissatisfaction for both healthcare providers and patients. The redesign of the process presents a range of advantages such as optimized procedures, increased transparency, heightened precision, accelerated reimbursement cycles, reduced costs, and a more robust emphasis on patient-centered care. Healthcare organizations can enhance the efficiency and effectiveness of their billing system by adopting technology, automation, and process optimization. This can result in improved healthcare services for all stakeholders.
For further details and daily updates please follow us on LinkedIn or visit www.ensurembs.com
#medical billing solutions#medical billing service companies#medical billing management#medical billing outsourcing#revenue cycle management#physician#medical billing services#medical billing florida#medicalscribing#transorzesolutions
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