Conduent

Conduent Repurchases Shares From Carl Icahn and Affiliates

Retrieved on: 
Lunedì, Giugno 10, 2024
Technology, Other Professional Services, Business, Human Resources, Finance, Professional Services, Artificial Intelligence, Payments, Other Technology, Software, Data Analytics, Fintech, Data Management, Security, Conduent, Hand, Holland & Knight, Sales management, Jefferies Group

Following the purchase, the Icahn Parties no longer hold any Conduent common shares.

Key Points: 
  • Following the purchase, the Icahn Parties no longer hold any Conduent common shares.
  • In connection with the transaction, Hunter Gary, Jesse Lynn and Steven Miller, who are employed by the Icahn Parties, have resigned from the Company’s board of directors (the “Board”).
  • “Our decision to repurchase shares reflects the confidence we have in our business, our strategy and our long-term growth prospects,” said Cliff Skelton, Conduent President and Chief Executive Officer.
  • The entire Board, except for members employed by Icahn Parties, who recused themselves from the vote, voted in favor of the transaction.

Colorado Awards Business Intelligence and Data Management Services Contract to Conduent

Retrieved on: 
Giovedì, Giugno 6, 2024
Data Analytics, General Health, Health, Artificial Intelligence, Data Management, Professional Services, Technology, Business, Conduent, Pharmacy, Intelligence, Child, MES, Medicaid, Data analysis, Business intelligence, Data management, Collection

Conduent Incorporated (Nasdaq: CNDT), a global technology-led business solutions and services company, today announced the company has been selected by the Colorado Department of Health Care Policy and Financing (the Department) to provide Business Intelligence and Data Management (BIDM) technology services.

Key Points: 
  • Conduent Incorporated (Nasdaq: CNDT), a global technology-led business solutions and services company, today announced the company has been selected by the Colorado Department of Health Care Policy and Financing (the Department) to provide Business Intelligence and Data Management (BIDM) technology services.
  • Under terms of the new contract, Conduent will take over, manage and enhance a modular enterprise data warehouse solution to support advanced data analysis and reporting capabilities as part of the state’s Medicaid Enterprise System (MES).
  • Conduent will leverage its long-standing experience with Medicaid program data and technology infrastructure to strengthen the foundation of the Department’s current BIDM functionality.
  • “We are proud to be selected by the state of Colorado to take over the business intelligence data management project.

Conduent Publishes 2023 Corporate Social Responsibility Report

Retrieved on: 
Mercoledì, Giugno 5, 2024
Public Policy, Government, Other Professional Services, Natural Resources, Environment, Other Policy Issues, Environmental Issues, Professional Services, Other Natural Resources, Science, Sustainability accounting, TCFD, Conduent, Task force, Sustainability Accounting Standards Board, CSR

Conduent Incorporated (Nasdaq: CNDT), a global technology-led business solutions and services company, today published its 2023 Corporate Social Responsibility Report , outlining the company’s enterprise-wide initiatives to conduct business ethically, responsibly and sustainably to better serve its stakeholders.

Key Points: 
  • Conduent Incorporated (Nasdaq: CNDT), a global technology-led business solutions and services company, today published its 2023 Corporate Social Responsibility Report , outlining the company’s enterprise-wide initiatives to conduct business ethically, responsibly and sustainably to better serve its stakeholders.
  • “Conduent is committed to advancing our sustainability goals and transparently reporting on our progress.
  • We’re proud of the work we do to deliver critical benefits and services for our clients and the millions of consumers they serve,” said Cliff Skelton, Conduent President and Chief Executive Officer.
  • To read the complete Conduent 2023 Corporate Social Responsibility Report, visit https://www.conduent.com/corporate-social-responsibility/ .

HealthEquity Reports First Quarter Ended April 30, 2024 Financial Results

Retrieved on: 
Lunedì, Giugno 3, 2024
HealthEquity, HQY, Investment, Table, HSA, Eastern Time Zone, Depreciation, Conduent, Tax, GAAP, The Company, Acquisition, Growth, Adjustment, Hand, Nature, Bank

DRAPER, Utah, June 03, 2024 (GLOBE NEWSWIRE) -- HealthEquity, Inc. (NASDAQ: HQY) ("HealthEquity" or the "Company"), the nation's largest health savings account ("HSA") custodian, today announced financial results for its first quarter ended April 30, 2024.

Key Points: 
  • DRAPER, Utah, June 03, 2024 (GLOBE NEWSWIRE) -- HealthEquity, Inc. (NASDAQ: HQY) ("HealthEquity" or the "Company"), the nation's largest health savings account ("HSA") custodian, today announced financial results for its first quarter ended April 30, 2024.
  • Revenue for the first quarter ended April 30, 2024 was $287.6 million, an increase of 18% compared to $244.4 million for the first quarter ended April 30, 2023.
  • Adjusted EBITDA was $117.4 million for the first quarter ended April 30, 2024, an increase of 36% compared to the first quarter ended April 30, 2023.
  • HealthEquity management will host a conference call at 4:30 pm (Eastern Time) on Monday, June 3, 2024 to discuss the fiscal 2025 first quarter financial results.

Conduent Recognized as a Leader in 2024 NelsonHall Report on Multi-Process HR Transformation Services

Retrieved on: 
Venerdì, Maggio 31, 2024
Professional Services, Data Management, Technology, Data Analytics, Human Resources, Artificial Intelligence, Cloud, Partnership, Organization, NEAT, Automation, Retirement, Conduent, Human, Oracle Cloud, Investment, HCM, SAP, HRO, AI, HR, CX, Multimedia, Risk management

Conduent Incorporated (Nasdaq: CNDT), a global technology-led business solutions and services company, today announced that NelsonHall, a global analyst firm, has named the company a market leader in the 2024 NelsonHall Evaluation and Assessment Tool (NEAT) for Multi-Process HR Transformation Services for Large Enterprises.

Key Points: 
  • Conduent Incorporated (Nasdaq: CNDT), a global technology-led business solutions and services company, today announced that NelsonHall, a global analyst firm, has named the company a market leader in the 2024 NelsonHall Evaluation and Assessment Tool (NEAT) for Multi-Process HR Transformation Services for Large Enterprises.
  • View the full release here: https://www.businesswire.com/news/home/20240531397630/en/
    Conduent Recognized as a Leader in 2024 NelsonHall Report on Multi-Process HR Transformation Services (Graphic: Business Wire)
    “Conduent has proven capabilities and well-established HR operational expertise in the Large Enterprise market segment, where 80% of its business supports organizations with over 15,000 employees,” said Liz Rennie, HR Technology and Services Research Director at NelsonHall.
  • In addition to Large Enterprise Focus, Conduent was also a “Leader” in Overall, Efficiency Focus, Europe Focus, Multi-Country Focus and North America Focus in this year’s NelsonHall NEAT Report.
  • To read the custom report of Conduent’s evaluation in the 2024 NelsonHall NEAT Report, visit https://insights.conduent.com/reports/mphr-transformation-neat-report .

Conduent Named to Newsweek's Top 100 Global Most Loved Workplaces for 2024

Retrieved on: 
Giovedì, Maggio 30, 2024
Consulting, Other Professional Services, Professional Services, Human Resources, Communication, BPI, Research, Workplace, Multimedia, Conduent

Conduent Incorporated (Nasdaq: CNDT), a global technology-led business solutions and services company, today announced being named a Newsweek's Top 100 Global Most Loved Workplaces® for 2024.

Key Points: 
  • Conduent Incorporated (Nasdaq: CNDT), a global technology-led business solutions and services company, today announced being named a Newsweek's Top 100 Global Most Loved Workplaces® for 2024.
  • View the full release here: https://www.businesswire.com/news/home/20240530753348/en/
    Conduent Named to Newsweek's Top 100 Global Most Loved Workplaces for 2024 (Graphic: Business Wire)
    The recognition is Conduent’s second consecutive appearance on Newsweek’s Top 100 Global Most Loved Workplaces®.
  • The companies celebrated on the 2024 Global Most Loved Workplaces® list truly embody these principles.
  • Being named to Newsweek’s Top 100 Global Most Loved Workplaces® for 2024 is the third consecutive year earning a Newsweek Most Loved ranking for Conduent.

SEPTA Launches 3D Fare Gates Pilot Program with Conduent Transportation to Detect and Deter Fare Evasion

Retrieved on: 
Giovedì, Maggio 16, 2024
Rail, Technology, Transport, Other Technology, Public Transport, Hardware, Conduent, Transilien, Multimedia, 69th Street station, Airline

The pilot aims to track and curb incidents of fare evasion, which costs SEPTA an estimated $30 million to $40 million annually.

Key Points: 
  • The pilot aims to track and curb incidents of fare evasion, which costs SEPTA an estimated $30 million to $40 million annually.
  • View the full release here: https://www.businesswire.com/news/home/20240516087148/en/
    SEPTA's pilot program uses Conduent's 3D Fare Gate Solution at the 69th Street station.
  • Following the three-month pilot program, the agency plans to expand the fare gates’ availability to other stations, including those with high reported incidents of fare evasion.
  • “We’re excited to be part of this important pilot for SEPTA to help detect, deter and quantify fare evasion, while simultaneously offering both the agency and riders increased security and convenience,” said Adam Appleby, President, Transportation Solutions at Conduent.

Conduent Completes Transfer of BenefitWallet HSA Portfolio to HealthEquity

Retrieved on: 
Martedì, Maggio 14, 2024
Technology, Insurance, Payments, Finance, Security, Fintech, Professional Services, Data Analytics, Data Management, Artificial Intelligence, HealthEquity, HSA, HQY, Sale, Health, Conduent

Conduent Incorporated (Nasdaq: CNDT), a global technology-led business solutions and services company, today announced it has completed the third and final transfer of its BenefitWallet Health Savings Accounts (HSA) portfolio to HealthEquity, Inc. (Nasdaq: HQY).

Key Points: 
  • Conduent Incorporated (Nasdaq: CNDT), a global technology-led business solutions and services company, today announced it has completed the third and final transfer of its BenefitWallet Health Savings Accounts (HSA) portfolio to HealthEquity, Inc. (Nasdaq: HQY).
  • As outlined during Conduent’s 2023 investor briefing , Conduent set on a course to rationalize its business portfolio to increase focus on core capabilities and become more nimble.
  • The completion of the BenefitWallet HSA portfolio transfer is part of the company’s planned portfolio rationalization transactions expected in 2024.
  • “This transaction marks another significant step in our efforts to streamline our portfolio, while continuing to offer industry-leading HSAs and consumer directed benefit accounts through our relationship with HealthEquity,” said Cliff Skelton, President and Chief Executive Officer at Conduent.

Conduent to Attend Upcoming Needham and TD Cowen Investor Conferences

Retrieved on: 
Lunedì, Maggio 13, 2024
Data Management, Technology, Professional Services, Payments, Security, Data Analytics, Software, Artificial Intelligence, Other Professional Services, Fintech, Finance, Press, Conduent, Conference

Conduent Incorporated (Nasdaq: CNDT), a global technology-led business process solutions company, today announced its participation in two major technology and media conferences in New York City.

Key Points: 
  • Conduent Incorporated (Nasdaq: CNDT), a global technology-led business process solutions company, today announced its participation in two major technology and media conferences in New York City.
  • First, the company will attend the 19th Annual Needham Technology & Media Conference on May 14 and May 15, 2024.
  • Then, Conduent is scheduled to participate in TD Cowen’s 52nd Annual Technology, Media & Telecom Conference held from May 29 – 30, 2024.
  • At both conferences, Cliff Skelton, President and Chief Executive Officer, Steve Wood, Chief Financial Officer, and Giles Goodburn, Investor Relations Vice President, will participate in one-on-one investor meetings.

MedRisk Agrees to Purchase Casualty Claims Solutions Business from Conduent

Retrieved on: 
Venerdì, Maggio 3, 2024
Technology, Mobile, Wireless, Health, Insurance, Human Resources, Finance, Professional Services, Artificial Intelligence, Physical Therapy, Software, Managed Care, General Health, Data Analytics, Health Insurance, Sreedharan, Family, Security (finance), Conduent, Acquisition, UBS

MedRisk, a leader in managed physical rehabilitation in workers’ compensation, has agreed to acquire the Casualty Claims Solutions business, including the portfolio of Strataware products, from Conduent.

Key Points: 
  • MedRisk, a leader in managed physical rehabilitation in workers’ compensation, has agreed to acquire the Casualty Claims Solutions business, including the portfolio of Strataware products, from Conduent.
  • This business encompasses workers’ compensation and auto casualty bill review solutions and services which include the processing of medical bills and clinical services.
  • This will enhance our ability to provide superior claims outcomes and exceptional service for our customers," said Sri Sridharan, MedRisk CEO.
  • “We are excited to join the MedRisk family of companies,” said Beth Fritts, General Manager of Casualty Claims Solutions.