COB

Performant Financial Corporation Acquires Artificial Intelligence Technology in Support of Its Scale Initatives

Retrieved on: 
Tuesday, April 9, 2024

“This acquisition supports our strategic initiatives to increase scale and efficiency by leveraging technology to further automate historically labor-intensive activities.

Key Points: 
  • “This acquisition supports our strategic initiatives to increase scale and efficiency by leveraging technology to further automate historically labor-intensive activities.
  • RecordsOne AI technology provides a unique approach to the claims intake process, which boosts audit accuracy and efficiency.
  • Performant supports healthcare payers in identifying, preventing, and recovering waste and improper payments by leveraging advanced technology, analytics and proprietary data assets.
  • Performant also provides advanced reporting capabilities, support services, customer care, and stakeholder training programs designed to mitigate future instances of improper payments.

Ault Alliance Announces a Final Distribution of TOG Securities Valued at Approximately $0.019 for Each Share of Ault Alliance Common Stock

Retrieved on: 
Friday, March 22, 2024

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company, (“Ault Alliance” or the “Company”), hereby announces an update on its final distribution (the “Final Distribution”) related to securities of TurnOnGreen, Inc., formerly Imperalis Holding Corp. (OTC: IMHC) (“TurnOnGreen”).

Key Points: 
  • Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company, (“Ault Alliance” or the “Company”), hereby announces an update on its final distribution (the “Final Distribution”) related to securities of TurnOnGreen, Inc., formerly Imperalis Holding Corp. (OTC: IMHC) (“TurnOnGreen”).
  • In the initial distribution, Ault Alliance stockholders received forty (40) shares of TurnOnGreen common stock and warrants to purchase forty (40) shares of TurnOnGreen common stock (the “TOG Securities”) and in the second distribution, stockholders of the Company received fifteen (15) TOG Securities for each share of common stock of the Company that they owned on the record date.
  • The Company distributed 58,686,480 TOG Securities in the initial distribution and another 56,405,175 TOG Securities in the second distribution, for an aggregate of 115,091,655 TOG Securities distributed, leaving another 24,908,345 TOG Securities to be distributed in the Final Distribution.
  • Based on the estimated number of shares of common stock of the Company (the “AAI Common Stock”) to be issued and outstanding on the Record Date, each stockholder of the Company will receive approximately 0.71 TOG Securities for each share of AAI Common Stock owned on the Record Date.

Performant to Participate in the 36th Annual Roth Conference

Retrieved on: 
Monday, March 11, 2024

Performant Financial Corporation (Nasdaq: PFMT) (the “Company”), primarily operating as Performant Healthcare Solutions, a leading provider of technology-enabled payment integrity, eligibility, and related analytics services, announced today that it will participate in the 36th Annual Roth Conference that is being held in Laguna Niguel, CA on Monday March 18th.

Key Points: 
  • Performant Financial Corporation (Nasdaq: PFMT) (the “Company”), primarily operating as Performant Healthcare Solutions, a leading provider of technology-enabled payment integrity, eligibility, and related analytics services, announced today that it will participate in the 36th Annual Roth Conference that is being held in Laguna Niguel, CA on Monday March 18th.
  • Rohit Ramchandani, CFO, will be meeting with investors to share insights into the Company’s recent results, achievements, and strategies.
  • If you are interested in scheduling a meeting, please reach out to your Roth representative.
  • Performant supports healthcare payers in identifying, preventing, and recovering waste and improper payments by leveraging advanced technology, analytics and proprietary data assets.

KFC Surpasses 30,000 Restaurants Worldwide

Retrieved on: 
Tuesday, March 12, 2024

PLANO, Texas, March 12, 2024 /PRNewswire/ -- KFC today announced the opening of its 30,000th location globally with a new restaurant in Rome, Italy, cementing its steady, continued expansion. After the brand opened its very first restaurant in 1952, a new KFC location now opens somewhere in the world every 3.5 hours on average. With plans to enter its 150th country later this year, KFC serves billions of people while also creating nearly one million jobs worldwide. The global brand held the title of fastest growing retail brand in 2021 and 2022.

Key Points: 
  • After the brand opened its very first restaurant in 1952, a new KFC location now opens somewhere in the world every 3.5 hours on average.
  • With plans to enter its 150th country later this year, KFC serves billions of people while also creating nearly one million jobs worldwide.
  • In 2023, KFC opened nearly 2,700 new restaurants across 96 countries including impressive net-new unit growth throughout India and Latin America.
  • and its franchise partners plan to open 25+ new KFCs across Italy and will collectively surpass 100 KFC restaurants later this year.

FOMO WORLDWIDE PROVIDES INVESTOR UPDATE; CALLS OUT FINRA; WILL CANCEL REVERSE SPLIT IF FINRA RULE 6490 REVIEW NOT CONCLUDED BY 02/26

Retrieved on: 
Tuesday, February 20, 2024

Our CUSIP has been changed to Wyoming and is on its sixth reminder for activation by CUSIP Global Services.

Key Points: 
  • Our CUSIP has been changed to Wyoming and is on its sixth reminder for activation by CUSIP Global Services.
  • Further, we have requested that FINRA complete its Rule 6490 reviews of our ticker change, name change, and redomicile immediately.
  • Management believes FINRA is unreasonably withholding completion of its Rule 6490 reviews of FOMO’s corporate actions.
  • The Company will host an investor meeting next Wednesday February 28th at 5:00pm to update investors on its acquisitive growth strategy.

Lyric to Offer Innovative, Real-time Medicare Coordination of Benefits Capabilities as part of its Pre-Pay Payment Accuracy Solutions

Retrieved on: 
Tuesday, March 5, 2024

PHILADELPHIA, March 5, 2024 /PRNewswire/ -- Lyric, a leader in technology-first payment accuracy solutions, today announced a new, real-time Medicare Coordination of Benefits (COB) solution as a result of a strategic partnership with Strout (formerly The Strout Company), the market leaders in Medicare COB. The strategic partnership—powered by a customized connection by DatumSure—enables Lyric customers to access Strout's Medicare COB capabilities as pre-pay claim edits within the Lyric payment accuracy environment.

Key Points: 
  • PHILADELPHIA, March 5, 2024 /PRNewswire/ -- Lyric, a leader in technology-first payment accuracy solutions, today announced a new, real-time Medicare Coordination of Benefits (COB) solution as a result of a strategic partnership with Strout (formerly The Strout Company), the market leaders in Medicare COB.
  • The strategic partnership—powered by a customized connection by DatumSure —enables Lyric customers to access Strout's Medicare COB capabilities as pre-pay claim edits within the Lyric payment accuracy environment.
  • "Our partnership with Strout is another example of Lyric's vision to simplify the business of care," explained Lyric CEO, Rajeev Ronanki.
  • "Strout has transformed coordination of benefits, delivering real-time, AI-powered payment accuracy to solve a problem that is generally otherwise managed through inefficient claim auditing after the fact.

Vision beyond imagination: Hikvision showcases innovative display technologies and products at ISE 2024

Retrieved on: 
Monday, March 4, 2024

HANGZHOU, China, March 4, 2024 /PRNewswire/ -- Hikvision unveiled a captivating array of innovative display technologies and products at Integrated Systems Europe (ISE) 2024 in Barcelona, Spain.

Key Points: 
  • HANGZHOU, China, March 4, 2024 /PRNewswire/ -- Hikvision unveiled a captivating array of innovative display technologies and products at Integrated Systems Europe (ISE) 2024 in Barcelona, Spain.
  • Hikvision is at the forefront of LED display technology and used ISE to showcase the latest and most impressive of these.
  • At ISE 2024, Hikvision showcased its second generation 'Flip-Chip' COB LED display.
  • In addition, energy efficiency was a key focus of Hikvision, evident in its showcased products and booth design at ISE 2024.

Vision beyond imagination: Hikvision showcases innovative display technologies and products at ISE 2024

Retrieved on: 
Monday, March 4, 2024

HANGZHOU, China, March 4, 2024 /PRNewswire/ -- Hikvision unveiled a captivating array of innovative display technologies and products at Integrated Systems Europe (ISE) 2024 in Barcelona, Spain.

Key Points: 
  • HANGZHOU, China, March 4, 2024 /PRNewswire/ -- Hikvision unveiled a captivating array of innovative display technologies and products at Integrated Systems Europe (ISE) 2024 in Barcelona, Spain.
  • Hikvision is at the forefront of LED display technology and used ISE to showcase the latest and most impressive of these.
  • At ISE 2024, Hikvision showcased its second generation 'Flip-Chip' COB LED display.
  • In addition, energy efficiency was a key focus of Hikvision, evident in its showcased products and booth design at ISE 2024.

Strout Announces New Name, Real-Time Medicare Coordination of Benefits Solution

Retrieved on: 
Wednesday, February 28, 2024

DALLAS, Feb. 28, 2024 /PRNewswire-PRWeb/ -- The Strout Company has rebranded as Strout and released a payment accuracy and eligibility solution that delivers the collective expertise of 30 years providing Medicare coordination of benefits (COB) in the form of real-time, pre-payment claim editing, the company announced today.

Key Points: 
  • DALLAS, Feb. 28, 2024 /PRNewswire-PRWeb/ -- The Strout Company has rebranded as Strout and released a payment accuracy and eligibility solution that delivers the collective expertise of 30 years providing Medicare coordination of benefits (COB) in the form of real-time, pre-payment claim editing, the company announced today.
  • Strout has transformed the Medicare COB process by providing a technology solution that ensures accuracy up front in real time.
  • When benefits are applied in the correct order, commercial and Medicare work in harmony and the patient often pays nothing."
  • "Correcting COB errors before they happen is a critical piece of stewarding our nation's healthcare dollars and ensuring Medicare beneficiaries receive benefits they deserve."

Bridgetown, Barbados Credit Union Selects BIO-key’s PortalGuard to Enhance Access to Shared Workstations Including Biometrics

Retrieved on: 
Tuesday, February 6, 2024

By implementing BIO-key’s PortalGuard platform with Identity-Bound Biometric authentication, COB ensures a more robust and reliable defense against unauthorized access to the credit union’s systems.

Key Points: 
  • By implementing BIO-key’s PortalGuard platform with Identity-Bound Biometric authentication, COB ensures a more robust and reliable defense against unauthorized access to the credit union’s systems.
  • COB also desired a complete solution that could support multiple authentication factors including one-time passwords, biometrics or tokens.
  • These security and productivity requirements were especially important for shared workstation environments utilized by credit union tellers.
  • "BIO-key’s PortalGuard and IBB security solutions provide robust security and best-in-class support for shared workstations where other vendor solutions are limited and costly," said Mark Cochran, President of BIO-key’s PortalGuard division.