Consumer-driven healthcare

Genpact Integrates riskCanvas with Amazon Bedrock to Transform Financial Crime Management with Advanced Generative AI Capabilities

Retrieved on: 
Thursday, September 28, 2023

Integrating Genpact's proprietary cloud-based financial crime suite, riskCanvas™ , with Amazon Bedrock, has led to accelerated efficiencies and impact for clients such as Apex Fintech Solutions.

Key Points: 
  • Integrating Genpact's proprietary cloud-based financial crime suite, riskCanvas™ , with Amazon Bedrock, has led to accelerated efficiencies and impact for clients such as Apex Fintech Solutions.
  • Building on its existing relationship with AWS, Genpact is now combining its intellectual property and deep industry expertise with AWS's generative AI capabilities.
  • Genpact engaged multiple riskCanvas clients to significantly improve the detection, investigation, and prevention of a wide range of financial crime threats.
  • "Responsible AI is a core consideration in AI implementation and its importance will continue to increase," said Atul Deo, General Manager, Amazon Bedrock at AWS.

Everest Group Recognizes Genpact as a Leader in Banking Operations for Fifth Consecutive Year

Retrieved on: 
Wednesday, August 23, 2023

NEW YORK, Aug. 23, 2023 /PRNewswire/ -- Genpact (NYSE: G) a global professional services firm focused on delivering outcomes that transform businesses, has once again been recognized by the renowned research firm Everest Group as a Leader, the highest accolade, in the Banking Operations - Service Provider PEAK Matrix® Assessment for 2023. This marks the fifth consecutive year that Genpact has received this prestigious distinction.

Key Points: 
  • The comprehensive research report released by Everest Group ranks 34 leading banking operations service providers and is based on an exhaustive evaluation process.
  • The annual assessment considers various criteria, including customer interactions with banking operations service providers and continuous analysis of the banking operations market.
  • "Genpact's comprehensive solutions, backed by a robust partnership ecosystem, span the banking operations value chain," said Sahil Chaudhary, Practice Director, Everest Group.
  • Strengthened by recent acquisitions in data and analytics, Genpact retains its position as a Leader in Everest Group's Banking Operations – Services PEAK Matrix 2023."

U.S. Middle Market Remains Resilient

Retrieved on: 
Thursday, July 13, 2023

NEW YORK, July 13, 2023 /PRNewswire/ -- Middle market private companies in the Golub Capital Altman Index experienced year-over-year earnings growth of 5% and revenue growth of 4% during the first two months of the second quarter of 2023.

Key Points: 
  • NEW YORK, July 13, 2023 /PRNewswire/ -- Middle market private companies in the Golub Capital Altman Index experienced year-over-year earnings growth of 5% and revenue growth of 4% during the first two months of the second quarter of 2023.
  • Despite much talk in recent months of an economic slowdown, our data suggests that the U.S. middle market remains resilient and companies continue to adapt to the uncertain environment.
  • In short, while our aggregate data supports an outlook of continued positive growth for the middle market, the trends are somewhat inconsistent across sectors."
  • It measures the median revenue and earnings growth of approximately 110–150 private U.S. companies in the loan portfolio of Golub Capital, a leading middle market lender.

Heidrick & Struggles Adds Four Consultants in New Latin America Office

Retrieved on: 
Tuesday, February 14, 2023

These new consultants join the firm following a December 2022 investment in Latin America, which services clients in Ecuador, Panama, and Central America.

Key Points: 
  • These new consultants join the firm following a December 2022 investment in Latin America, which services clients in Ecuador, Panama, and Central America.
  • "With the Colombia office joining those in Brazil and Mexico, our expanded presence in Latin America underscores Heidrick & Struggles' commitment to deliver diversified solutions to support our clients and their strategic growth in the region," said Paulo Mendes, Regional Leader, Latin America.
  • Willy Mayenberger joined Heidrick & Struggles as a partner in the Bogota office and is a member of the global Consumer Markets and Healthcare & Life Sciences practices.
  • Charlie Hall joined Heidrick & Struggles as a principal in the Bogota office as part of the Social Impact and Academia, and Research and Education practices.

Gimv strengthens its position in life sciences venture capital with the creation of a new dedicated platform

Retrieved on: 
Wednesday, June 15, 2022

After solid growth within Gimvs existing Healthcare platform, a dedicated Life Sciences platform will strengthen the role of Gimv in the international life science VC ecosystem.

Key Points: 
  • After solid growth within Gimvs existing Healthcare platform, a dedicated Life Sciences platform will strengthen the role of Gimv in the international life science VC ecosystem.
  • The Life Sciences platform builds on the success and excellent returns generated by portfolio companies over four decades, including companies like Ablynx, where Gimv was a founding investor and Covagen, which was acquired by Johnson & Johnson.
  • Bram Vanparys*, Managing Partner and Head of Life Sciences at Gimv, said: The launch of the new Life Sciences platform represents an exciting next step for Gimv in the sector.
  • Having a VC centered Life Sciences platform separate from a PE centered Healthcare platform allows more focus for both teams while preserving potential synergies.

New Analysis from Global Industry Analysts Reveals Heady Growth for Gamification, with the Market to Reach $59 Billion Worldwide by 2026

Retrieved on: 
Friday, October 8, 2021

SAN FRANCISCO, Oct. 8, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Gamification - Global Market Trajectory & Analytics" .

Key Points: 
  • SAN FRANCISCO, Oct. 8, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Gamification - Global Market Trajectory & Analytics" .
  • Previews provide deep insider access to business trends; competitive brands; domain expert profiles; and market data templates and much more.
  • China, the world`s second largest economy, is forecast to reach a projected market size of US$9.5 Billion by the year 2026 trailing a CAGR of 38.3% over the analysis period.
  • Global Industry Analysts, Inc., ( www.strategyr.com ) is a renowned market research publisher the world`s only influencer driven market research company.

New Consumer Survey Reveals That 25% of Health Plan Members Have Avoided Care Due to Lack of Information About Costs

Retrieved on: 
Tuesday, May 25, 2021

The findings, published in the 2021 Annual Consumer Sentiment Benchmark , reveal an urgent need for price transparency and increasing consumer demand for healthcare guidance.

Key Points: 
  • The findings, published in the 2021 Annual Consumer Sentiment Benchmark , reveal an urgent need for price transparency and increasing consumer demand for healthcare guidance.
  • Most people (83%) want to see accurate information on out-of-pocket costs before having healthcare services, while too many (25%) have avoided getting care because they did not have information about the costs.
  • And while many health plans already provide an online comparison tool or price estimator, the new research shows that theres a general lack of awareness that this information is available.
  • In fact, 38% of people dont know whether their health plan offers transparency tools.

HEALTHdrum's Digital Health Platform Challenges Sick Healthcare System

Retrieved on: 
Friday, May 21, 2021

This gross inefficiency wastes precious healthcare dollars from being used for care.\nHEALTHdrum\'s digital health marketplace improves efficiency of healthcare delivery and cuts unnecessary administrative costs that are now passed on to patients.

Key Points: 
  • This gross inefficiency wastes precious healthcare dollars from being used for care.\nHEALTHdrum\'s digital health marketplace improves efficiency of healthcare delivery and cuts unnecessary administrative costs that are now passed on to patients.
  • Patients pay only for what they need - there are no surprise bills, copays, deductibles or non-covered services.\nAlthough designed initially for the healthcare consumer without health benefits, HEALTHdrum\'s free-market healthcare platform allows anyone access to as-needed, high-quality routine care at affordable prices.
  • Said Bert Vorstman, CEO, "HEALTHdrum\'s mission is to reshape healthcare and help people connect directly with the caring community.
  • "\n"Users of the HEALTHdrum\'s consumer-directed care platform will find and compare costs for routine healthcare services so that they can budget and manage their own health needs," highlights David Hartmann, CTO.

Fidelity® Surpasses $10 Billion in Health Savings Account Assets

Retrieved on: 
Monday, March 15, 2021

(Photo: Business Wire)

Key Points: 
  • (Photo: Business Wire)
    Health Savings Account (HSA) : Fidelity has helped nearly 2 million people manage how they save and pay for their health care costs.
  • Digital Health Benefits: Fidelitys Health & Welfare benefits administrative services help employers offer health care decision support and guidance.
  • The Fidelity Health App will allow employees to plan, track, and pay for health care expenses and view HSA and health Flexible Spending Account balances, recent transactions, and contributions.
  • Viewpoints articles on planning for health care: 3 healthy habits for health care savings accounts ; How to plan for rising health care costs ; 5 ways HSAs can fortify your retirement .

Insure.com Survey Finds Most People Don't Think High Deductible Health Plans Save Money

Retrieved on: 
Tuesday, January 5, 2021

FOSTER CITY, Calif., Jan. 5, 2021 /PRNewswire/ --High deductible health plans (HDHPs), which have lower premiums but higher deductibles and out-of-pocket costs, aren't saving members as much money as hoped.

Key Points: 
  • FOSTER CITY, Calif., Jan. 5, 2021 /PRNewswire/ --High deductible health plans (HDHPs), which have lower premiums but higher deductibles and out-of-pocket costs, aren't saving members as much money as hoped.
  • In the study, High deductible health plan -- What's an HDHP , Insure finds that:
    Respondents also comment on their deductibles and health savings accounts.
  • "Employers and health insurers are increasingly turning to high deductible health plans to reduce premium costs, believing that they also make people more engaged with their health care," explains Les Masterson, managing editor for Insure.
  • Consumers have access to free car insurance quotes and guidance on finding the right insurance policy, saving money and solving claims problems.