Rule

Edifecs Solution Addresses New CMS Prior Authorization and Interoperability Mandate

Retrieved on: 
Wednesday, February 21, 2024

The two-time Best in KLAS award winning Edifecs interoperability solution includes its EDI and FHIR Gateways, which have been enhanced to address the provisions in the new Rule, including Prior Authorization and Provider Access APIs.

Key Points: 
  • The two-time Best in KLAS award winning Edifecs interoperability solution includes its EDI and FHIR Gateways, which have been enhanced to address the provisions in the new Rule, including Prior Authorization and Provider Access APIs.
  • In anticipation of the final rule, Edifecs has worked with customers, including a large regional Blues organization, to build a robust interoperability solution that expedites prior authorization, alleviating much of the manual effort and administrative burden.
  • The rule mandates the adoption of electronic prior authorization processes using a Prior Authorization API.
  • “The potential benefits of the Prior Authorization and Interoperability mandate extend beyond what CMS projects – increased efficiency, burden reduction, and patient empowerment,” stated Chris Lance, chief product officer, Edifecs.

ANDREA LA'VERNE EDNEY SWORN IN AS FIRST AFRICAN-AMERICAN WOMAN NATIONAL PRESIDENT OF THE AMERICAN BOARD OF TRIAL ADVOCATES

Retrieved on: 
Monday, February 26, 2024

DALLAS, Feb. 26, 2024 /PRNewswire/ -- Andrea La'Verne Edney was installed as National President of the American Board of Trial Advocates at the organization's annual National Board Meeting in Biloxi, Mississippi, on Jan. 27.

Key Points: 
  • DALLAS, Feb. 26, 2024 /PRNewswire/ -- Andrea La'Verne Edney was installed as National President of the American Board of Trial Advocates at the organization's annual National Board Meeting in Biloxi, Mississippi, on Jan. 27.
  • At her law firm, she is the Chair, Diversity and Inclusivity Committee of Butler Snow in the Ridgeland, Mississippi office.
  • In her remarks to the National Board, Ms. Edney borrowed from Amanda Gorman, who was the youngest person to deliver a poem at a U.S. presidential inauguration.
  • Ms. Edney is a Fellow of the International Academy of Trial Lawyers, the American College of Trial Lawyers, and the International Society of Barristers.

Wix Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Wednesday, February 21, 2024

NEW YORK, Feb. 21, 2024 /PRNewswire/ -- Wix.com Ltd. (Nasdaq: WIX), the leading SaaS website builder platform globally,3 today reported financial results for the fourth quarter and full year of 2023. In addition, the Company provided its initial outlook for the first quarter and full year 2024. Please visit the Wix Investor Relations website at https://investors.wix.com/ to view the Q4'23 Shareholder Update and other materials.

Key Points: 
  • In addition, the Company provided its initial outlook for the first quarter and full year 2024.
  • Please visit the Wix Investor Relations website at https://investors.wix.com/ to view the Q4'23 Shareholder Update and other materials.
  • AI was another major focus of innovation in 2023, building on nearly a decade of leading AI research and development at Wix.
  • "Q4 capped off an incredibly strong year of sustained profitable growth with revenue in the fourth quarter increasing 14% y/y, driven by incredible Partners revenue growth of 38% y/y," added Lior Shemesh, CFO at Wix.

The American Board of Trial Advocates pays tribute to Alexei A. Navalny

Retrieved on: 
Monday, February 19, 2024

DALLAS, Feb. 18, 2024 /PRNewswire/ -- As an organization rooted in the Rule of Law, the American Board of Trial Advocates extols the life work of attorney Alexei A. Navalny, who died in a Russian prison on February 16, 2024.

Key Points: 
  • DALLAS, Feb. 18, 2024 /PRNewswire/ -- As an organization rooted in the Rule of Law, the American Board of Trial Advocates extols the life work of attorney Alexei A. Navalny, who died in a Russian prison on February 16, 2024.
  • Mr. Navalny completed his law degree in 1998, and soon thereafter, used his training to expose corporate corruption tied to the highest echelon of the Russian government.
  • In the government's effort to silence him, Mr. Navalny was wrongfully prosecuted, imprisoned, and poisoned.
  • ABOTA and its members are dedicated to preserving and promoting the civil jury trial right provided by the Seventh Amendment to the U.S. Constitution.

Mitek Announces Receipt of Notice from Nasdaq

Retrieved on: 
Wednesday, February 14, 2024

The Company remains delinquent in filing its Form 10-K for the year ended September 30, 2023 (the “Form 10-K”).

Key Points: 
  • The Company remains delinquent in filing its Form 10-K for the year ended September 30, 2023 (the “Form 10-K”).
  • The Rule requires listed companies to timely file all required periodic reports with the Securities and Exchange Commission (the “SEC”).
  • The hearing is scheduled for March 19, 2024 and the request for the automatic stay of suspension was granted.
  • In response to the Staff Determination, the Company intends to file the Form 10-K and Form 10-Q as promptly as possible in order to regain compliance with the Rule.

Ault Alliance Anticipates Utilizing Previously Authorized Common Stock Repurchase Plan

Retrieved on: 
Tuesday, February 13, 2024

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), today announced that it currently anticipates utilizing the stock repurchase program (the “Repurchase Program”) that was previously authorized by its Board of Directors (the “Board”) in December 2021.

Key Points: 
  • Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), today announced that it currently anticipates utilizing the stock repurchase program (the “Repurchase Program”) that was previously authorized by its Board of Directors (the “Board”) in December 2021.
  • Under the Repurchase Program, the Board authorized the Company to repurchase up to $50 million of common stock, which repurchases may be made on a discretionary basis from time to time through a variety of methods, including open market repurchases.
  • Any shares repurchased under the Repurchase Program will be returned to treasury and will reduce the public float of common stock.
  • Milton “Todd” Ault III, Founder and Executive Chairman of Ault Alliance, commented on the Repurchase Program, saying, “While the Company has explored methods previously to buy back common stock from stockholders, including the exchange offers announced in March 2023, and November 2023, the Company ultimately determined that the most efficient way to execute a buyback program was to work through its existing and approved share repurchase program of up to $50 million worth of common stock.

First Trust Advisors L.P. Announces Distribution for First Trust Income Opportunities ETF

Retrieved on: 
Monday, February 12, 2024

FTA and its affiliate First Trust Portfolios L.P. ("FTP"), a FINRA registered broker-dealer, are privately-held companies that provide a variety of investment services.

Key Points: 
  • FTA and its affiliate First Trust Portfolios L.P. ("FTP"), a FINRA registered broker-dealer, are privately-held companies that provide a variety of investment services.
  • An investment in a Fund involves risks similar to those of investing in any portfolio of equity securities traded on exchanges.
  • The risks of investing in each Fund are spelled out in its prospectus, shareholder report, and other regulatory filings.
  • However, unlike mutual funds, shares may only be redeemed directly from a fund by authorized participants in very large creation/redemption units.

Kubota North America’s false claims for farm equipment replacement parts yield record-setting FTC Made in USA civil penalty

Retrieved on: 
Thursday, February 8, 2024

Kubota North America’s false claims for farm equipment replacement parts yield record-setting FTC Made in USA civil penalty

Key Points: 

Kubota North America’s false claims for farm equipment replacement parts yield record-setting FTC Made in USA civil penalty

Streamline Health® Improves Liquidity Position and Appoints New Directors

Retrieved on: 
Wednesday, February 7, 2024

Atlanta, GA, Feb. 07, 2024 (GLOBE NEWSWIRE) -- Streamline Health Solutions, Inc. (NASDAQ: STRM) (“Streamline” or “the Company”), a leading provider of solutions that enable healthcare providers to improve financial performance, announced today that it has entered into a securities purchase agreement with accredited investors in a private placement of unsecured subordinated notes and warrants and issued common stock to a single accredited investor in a private placement, for aggregate gross proceeds of approximately $4.5 million. The Company also announced the appointment of two new members to serve on the board of directors of the Company.

Key Points: 
  • The Company also announced the appointment of two new members to serve on the board of directors of the Company.
  • Mr. Stilwill has been an employee of Streamline since 2013 and has served as the Company’s CEO since October 2024.
  • Prior to joining Streamline Health, Mr. Stilwill was a financial analyst in BMO Capital Markets’ M&A Practice.
  • “Our improved liquidity position will allow the business to continue supporting our healthcare system clients through our unique pre-bill revenue cycle solutions.”

Press release - Parliament concerned about very serious threats to EU values in Greece

Retrieved on: 
Wednesday, February 7, 2024

Media freedom

Key Points: 
  • Media freedom
    Regarding media pluralism and the safety of journalists, MEPs complain about the lack of progress in the investigation into the murder of George Karaivaz in April 2021.
  • They denounce that journalists are subject to physical threats and verbal attacks (also from high-ranking politicians), violations of their privacy with spyware, and abusive lawsuits –including from the Prime Minister’s entourage.
  • Parliament also has concerns over the independence of the national audiovisual regulatory authority, the concentration of media in the hands of oligarchs, and the distribution of state subsidies.
  • Spyware
    Parliament condemns the instrumentalisation of ‘national security threats’ to wiretap political opponents, including MEPs.