Cybersecurity spending slows amid economic headwinds: report
CFO Dive
OCTOBER 3, 2023
Average security budget growth was lowest in cyber-mature sectors, such as tech, finance and healthcare, according to the research.
Union Budget can lead to more jobs, better healthcare: Saugata Gupta, CEO, Marico
CFO News Room
FEBRUARY 5, 2022
In addition to kickstarting the economy after two years of Covid-induced limbo, it also addresses some of the lingering doubts about India’s readiness and economic resilience in the face of future outbreaks. The author is MD & CEO, Marico.
Budgeting 
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Healthcare CFOs turn to more comprehensive approaches to boost profitability
Future CFO
JULY 22, 2024
The post Healthcare CFOs turn to more comprehensive approaches to boost profitability appeared first on FutureCFO. For surveyed finance leaders, while cost reduction is no longer the dominant focus for margin improvement initiatives, it is still an important part of the portfolio for both health system and health plan finance leaders.
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From Start to Scale: Driving Growth Through Seamless Payments Implementation
The New Way CPAs are Delivering Value: Aligning Automation with Client Success
Profit in the Details: Rethinking Spend for Monumental Impact
Fall In Love With the Month-End Close
Sesame Launches Direct-To-Consumer Healthcare Marketplace
PYMNTS
SEPTEMBER 9, 2020
The American healthcare system is sick — a story told in a runaway cost structure, subpar patient outcomes, frustrated physicians and what Sesame CEO David Goldhill called during a conversation with Karen Webster “315 million miserable stories about healthcare.”. How Healthcare Got Broken. How A Healthcare Marketplace Works.
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Touchless Payments Come To Healthcare (Finally)
PYMNTS
DECEMBER 3, 2020
But increased adoption by healthcare providers of such basic processes during the pandemic has marked a huge step forward for an industry that’s focused on delivering care, Rectangle Health Chief Technology Officer Mike Peluso told PYMNTS recently. Providers can't solve the $4 trillion healthcare expenditure problem,” he said.
Healthcare 85
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The Machine Learning Fix For Healthcare Disbursement Delays
PYMNTS
JUNE 2, 2020
Financial institutions (FIs), businesses and healthcare providers are adjusting their operations to suit the new reality that the COVID-19 pandemic has caused. In the latest Disbursements Tracker® , PYMNTS examines how the COVID-19 pandemic is impacting the healthcare industry and how it is exposing issues with check disbursements.
Healthcare 82
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The Economic – And Ergonomic – Value Of Commercial Card Optimization
PYMNTS
JULY 2, 2020
” The healthcare industry is one area where these conversations are happening more frequently. “It’s not only the economics that are being optimized” by accepting cards, Leavitt said. “We’re seeing a lot more of that mentality.” “It’s also the ergonomics of it. ”
Economics 104
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COVID-19’s Full Economic Impact Yet To Hit, Report Says
PYMNTS
APRIL 12, 2020
The newest update to the Brookings-Financial Times Tracking Indexes for the Global Economic Recovery (TIGER) shows that, with the coronavirus pandemic, the world is now facing the most serious challenge since World War II ended. And, the update says, the worst is likely still to come. While the U.S.
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The role of accountancy in risk cultures in healthcare
Future CFO
JANUARY 8, 2025
A collaborative risk culture is revealed to be vital in navigating the complexities surrounding the healthcare sector, and accountancy professionals has a role in facilitating this. The post The role of accountancy in risk cultures in healthcare appeared first on FutureCFO.
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How Flexible Payment Plans Are Shifting The Healthcare Payments Conversation
PYMNTS
JUNE 17, 2020
There exists an uncomfortable intersection between the public service of healthcare and the pursuit of profit. Talaga said the enhancements to its healthcare platform come as “telehealth has exploded. As Talaga noted, healthcare is “opening up” across the country, and many hospitals and providers have restarted elective procedures.
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Healthcare Payments AI, Subscription Churn, Turbo Tax Tool For Stimulus Payments Top This Week’s News
PYMNTS
APRIL 10, 2020
We have deep dives into healthcare payments artificial intelligence (AI), subscription churn, and a TurboTax tool for stimulus payments. Bringing AI To The Fight Against Healthcare Payments Fraud. TurboTax Rolls Out Free Tool For Faster Stimulus Payments. Trackers and Reports.
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UnitedHealth To Fasttrack $2B In Healthcare Payments
PYMNTS
APRIL 8, 2020
Hospitals will also see aid from the recently-passed $2 trillion Coronavirus Aid, Relief, and Economic Security (CARES) Act, which will funnel money into almost every sector of the U.S. This move is in line with American Hospital Association’s request that insurers begin to help out with speedier payments.
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Goldman Invests $40M In LeanTaaS Healthcare Software Firm
PYMNTS
DECEMBER 12, 2019
Founded in 2010 by Mohan Giridharadas, LeanTaaS is a predictive analytics company that taps data science to improve healthcare provider performance, using cloud-based solutions to solve problems like resource utilization. Spending has been growing at double-digit percentages through the past few years, far outpacing economic growth.
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The Why Behind So Many Healthcare Payment Buys
PYMNTS
JUNE 24, 2019
Healthcare spending has grown from $75 billion in 1970, as measured by Kaiser Family Foundation analysis of National Health Expenditure Data , to as much as $3.5 Spending has been growing at double-digit percentages through the past few years, far outpacing economic growth. All told, $3.5 trillion is a pretty big pie to divvy up.
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Free-Market Capitalism is the Next American Economy
CFO News Room
DECEMBER 30, 2022
I had the opportunity to discuss this phenomenon with Dr. Samuel Gregg , author of the book The Next American Economy and distinguished fellow at the American Institute for Economic Research, who said this country’s founding values are based on “liberty and personal responsibility.” . is founder and president of Ginn Economic Consulting, LLC.
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WhatsApp Plans To Offer Healthcare Insurance, Pension Products In India
PYMNTS
DECEMBER 16, 2020
WhatsApp will debut options for health insurance and micro-pension products in India by utilizing new partnerships, according to a report from The Economic Times.
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Keeping Hospital Billing Systems Healthy In A Pandemic
PYMNTS
APRIL 10, 2020
On a good day, healthcare providers do a difficult job. And the front lines aren’t the only areas of the provider system stepping up above and beyond the call of duty these days, Flywire Executive Vice President and General Manager of Healthcare John Talaga told Karen Webster in a recent conversation. Rewriting Revenue Collection.
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Mastercard: New Stride Partnership Is Just ‘First Step’ In Helping Gig Workers
PYMNTS
OCTOBER 16, 2020
Mastercard has teamed with portable-benefits platform Stride to make it easier for gig workers to buy healthcare coverage. healthcare costs soaring, anything that can reduce the burden of medical expenses on the often-overlooked freelancers who are driving the digital economy would be a big win.
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Is There A Doctor In The House? Why Heal’s CEO Thinks There Should Be
PYMNTS
AUGUST 3, 2020
What we found was that entering the healthcare space was like peeling an onion,” Desai said. “We They decided that healthcare needed a new idea — sort of. Until the 20th century, the most common way Americans received healthcare was for the doctor to come to the patient as opposed to the other way around. There Should Be.
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SBA: EIDL Emergency Grant Program Runs Out Of Money
PYMNTS
JULY 13, 2020
Small Business Administration (SBA) announced in a press release the end of the Economic Injury Disaster Loan (EIDL) Advance program. The EIDL was crafted to provide economic relief from $1,000 to $10,000 to businesses and nonprofits that experienced a temporary loss of revenue during the pandemic.
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Digital Payments Easing Pains For Hurting Medical And Dental Practices
PYMNTS
DECEMBER 29, 2020
In a time of mass illness and economic contraction, are doctors and hospitals feeling OK about payments? Demystifying the matter is PYMNTS December 2020 Digitizing B2B Payments Tracker® done in collaboration with Deluxe , examining the hurdles now set out before healthcare providers. Curing What Ails Healthcare Payments.
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Jobless Americans Can’t Afford Doctor Visits
PYMNTS
JUNE 17, 2020
While many patients are avoiding office visits over fears they could catch COVID-19, doctors say the primary reason jobless Americans are staying away from healthcare providers is because they can’t afford to seek medical care, The New York Times reported. is in the midst of a major economic recession. This is a real worry.”.
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ATMs For Medicine? That’s One Way Pharmacies Are Going Digital
PYMNTS
MARCH 4, 2019
A recent report from the Financial Times offers one of the better descriptions of the project, meant to ease certain pressures on the South African healthcare system and provide more options for consumers to get the medication they need without having to take too much time off work or waste time traveling to, and waiting inside, doctors’ offices.
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Omicron Absences Fail to Dent Job Growth
CFO News Room
FEBRUARY 4, 2022
Real Time Economics. The latest economic news, analysis and data curated weekdays by WSJ’s Jeffrey Sparshott. The healthcare sector also saw a steep drop of 4.5% That comes even though 3.6 million people weren’t working due to illness, up from 1.7 million in December, when Omicron caseloads began to grow exponentially.
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US Jobless Claims Remain Historically High At 840,000
PYMNTS
OCTOBER 8, 2020
“New claims appear to have settled into a still historically high pattern, numbering in the 800,000 range since late August,” said Mark Hamrick, senior economic analyst with Bankrate.com, in a statement. One of the factors putting a damper on near-term economic improvement is the rising numbers of COVID-19 cases in the U.S.
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Study: Economic Damage Would Be Worse Without Lockdowns, Social Distancing
PYMNTS
APRIL 29, 2020
A new study reveals that government-imposed shutdowns and social distancing could cut the economic impact of COVID-19 in half. Federal Reserve Board found the economic price of the coronavirus would be worse without social distancing and the lockdown, CNBC reported on Wednesday (April 29). Researchers, using a combination of U.S.
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Blockchain Tracker: Economic Revolution, Editing Controversy & Health Care
PYMNTS
OCTOBER 5, 2016
The billionaire and Virgin Group founder said blockchain will create an “ economic revolution ,” especially in developing countries. Each week it seems blockchain just gets another endorsement. Richard Branson. His reasoning revolves around the issue of proving ownership of certain assets and access to capital.
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Payroll Gains Beat Expectations, but the Pace Is Slowing
CFO News Room
DECEMBER 2, 2022
Furthermore, the results among the various industries were mixed in November, with just two industry groups, healthcare and leisure, accounting for 70 percent of the net gain for the month. Finally, the AIER Leading Indicators Index remains well below the neutral 50 threshold, suggesting an elevated level of risk for the economic outlook.
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Budget 2022: Key loan scheme for MSMEs fortified, limit hiked to Rs 5L cr
CFO News Room
FEBRUARY 5, 2022
The additional credit limit of Rs 50,000 crore of the stepped-up Emergency Credit Line Guarantee Scheme (ECLGS), however, has to be used to bolster healthcare infrastructure by lending only to hospitality and related enterprises, finance minister Nirmala Sitharaman declared. Against the current limit of Rs 4.5
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How COVID-19 Has Changed The Residential Cleaning Business
PYMNTS
MARCH 27, 2020
In an interview with Karen Webster, Ron Holt, founder of Two Maids and a Mop , a house cleaning franchise service operating nationwide, said the short-term headwinds of economic and healthcare crises are considerable, but the long-term picture is bright.
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GE On Why The Road To Growth Runs Through Cross-Border Payments
PYMNTS
OCTOBER 22, 2020
The 142-year-old company touches nearly every aspect of today’s economy, from healthcare and aviation to energy production and finance. The company is hardly alone in facing headwinds in the current economic climate, either, which can pose additional challenges for multinational companies.
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What’s the 2022 economic confidence level?
CFO Strategic Partners
NOVEMBER 17, 2021
This survey was answered by people from a wide range of industries including construction, professional services, healthcare, nonprofit, manufacturing and more. Eighty percent of survey respondents shared that economic confidence or outside issues may put a cap on their revenue. The post What’s the 2022 economic confidence level?
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10 Sunday Reads
Barry Ritholtz
MAY 21, 2023
ProPublica ) • 1 in 5 Young Chinese Is Jobless, and Millions More Are About to Graduate : The youth unemployment rate, which spiked during the pandemic, reached a record high this week, showing the perils of China’s uneven economic recovery. ( ” ( Healthcare Dive ) see also Health Insurance Claim Denied? billion including debt.
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The CFO's Role in Preparing for Upcoming Economic Storms
Focus CFO
JUNE 28, 2023
Businesses that have an embedded in-house Chief Financial Officer understand the pivotal role the CFO plays in proactively preparing the business for, and guiding it through, economic and market storms. While we are now mostly through that storm, new economic storm clouds are on the horizon. But that relief will be temporary.
Economics 52
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Gearing up for 2025: How finance leaders will take the reign
Future CFO
NOVEMBER 6, 2024
For Shivam Kumar , finance director for Southeast Asia & Taiwan at pure-play consumer healthcare company Haleon , the future approach to finance leadership boils down to focusing on the fundamentals: consistent, competitive, sustainable and profitable growth for revenue, profit, and cash with equal emphasis on growth of the Finance team.
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Jumio Sees Vaccine Passports Intersecting With Digital ID
PYMNTS
JANUARY 7, 2021
He pointed to CommonPass, the healthcare-focused app developed by The Commons Project, The World Economic Forum and a broad coalition of public and private companies that lets users share lab results and vaccine information (with the individual’s consent and control).
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For Healthcare Providers, RX For Healthy Payments Processes
PYMNTS
NOVEMBER 14, 2017
Healthcare costs may be one of the largest bills consumers shoulder, and the burden is not getting any easier. In an interview with PYMNTS’ Karen Webster, Matt McCammon, general manager of integrated payments at credit card processor, merchant acquirer and bank credit card issuer TSYS , recounted that healthcare is a $4 trillion market.
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Factsheet: QIA’s Key Investments
Global Finance
OCTOBER 30, 2024
It was established in 2005 with an overarching objective to create long-term value, as well as two other objectives in support of Qatar’s wealth: providing liquidity when needed to stabilize the local economy and supporting local economic development. QIA is an investor in Chinese healthcare company, Oricell Therapeutics.
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Biden To Ask For Third Round Of Stimulus Aid Early Next Year
PYMNTS
DECEMBER 22, 2020
He also said there needed to be a range of other economic benefits. Biden called for more support for state and local governments, which have been in serious need as the pandemic has gone on. However, Biden didn't specify a dollar amount for future relief bills or say what he thought would be the outcome, Bloomberg said.
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Insurers Test Blockchain To Manage Provider Data
PYMNTS
APRIL 6, 2018
The blockchain is making inroads into healthcare. Earlier this week, five healthcare firms operating across the U.S. insurance landscape said they’re launching a pilot program that will help boost the management of healthcare provider data. Optum and UnitedHealthcare are part of UnitedHealth Group).
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Proposed New York state minimum wage legislation would boost wages for nearly 2.9 million workers: Minimum wages would range by region from $20 to $21.25 per hour by 2026
CFO News Room
DECEMBER 14, 2022
The proposed Raise Up New York legislation—which would index annual statewide increases to inflation and labor productivity—would help protect workers’ economic security as prices rise, and prevent inequality from widening as the economy grows. an hour and $62,400 at $15 an hour), but still short of real economic security. 479,396,000.
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Fed To Offer Huge Credit Help To Stem Economic Losses
PYMNTS
MARCH 23, 2020
But that does not and cannot address the healthcare aspect of this, nor can it address the economic impact of social distancing and stay-at-home directives. “The Fed wants to unclog the credit spigot and eliminate illiquidity as a contributing factor to the coming slowdown.
Economics 52
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Strong rebound in Asia Pacific masks deep economic scars
Future CFO
AUGUST 4, 2021
The economic rebound, fuelled in large part by China (A1 stable), masks a range of output losses across the region, the credit rating agency noted. These economies mainly have high incomes, mature institutions, strong healthcare infrastructure and dynamic labour markets, the firm pointed out.
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Today In Payments: Jobless Americans Can’t Afford Doctor Visits; Powell Says US Faces Long-Term Economic Damage
PYMNTS
JUNE 17, 2020
While many patients are avoiding office visits for fear they could catch COVID-19, doctors say the primary reason jobless Americans are staying away from healthcare providers is because they can’t afford to seek medical care. Jobless Americans Can’t Afford Doctor Visits. Powell: US Faces Long-Term Damage As Downturn Persists.
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