In a March 29th New York Times article, author Elizabeth Rosenthal chronicles America’s dystopian system for coding and billing medical treatments. Rosenthal concludes that the medical-billing system itself is a primal cause of the nation’s sky-high medical costs,
Chicago FinTech executives and developers celebrate, examine, and help create the future of money and finance through a series of events April 24 – 30. As the week approaches, Chicago takes the fifth spot in a new list of global financial technology hubs, based on FinTech innovation research by Deloitte.
Donald Trump vowed as candidate and newly elected president to “do a number” on Dodd Frank, the sweeping 2010 financial services and consumer regulatory reforms and Dodd Frank’s sidekick, the Volcker Rule. While directives by presidential fiat to Trump’s Treasury Secretary, Steven Mnuchin, and regulators to take initial steps, the congressional action needed to overturn Dodd Frank is far less certain.
Co-authored with Kristin Carey.
Competitive markets drive innovations in business efficiency and strategy. Twenty-five years ago, Big Pharma companies did little outsourcing. Fortified by robust cash flows and high profit margins, they exercised near-total control over drug discovery, testing, approvals, manufacturing and distribution.
In the great whirl of FinTech news, with daily reports on the potential of artificial intellitence, machine learning, bots, and blockchain, the power of present practices can be forgotten.
Most small and midsize businesses pay with paper checks: 62% according to a recent Javelin Strategy and Research survey. Because it's easier.
The “Border Adjustment Tax” (BAT) endorsed recently by President Trump is his administration’s first foray into international economics. It is an inauspicious start.
Last Friday was supposed to be the shootout at the healthcare corral where Republican gunslingers were going to take the first major step toward repealing Obamacare. Instead legislators retreated to their offices with no shots fired.
Speaker Paul Ryan pulled the vote on the controversial American Health Care Act (AHCA) as moderate and conservative Republican Representatives pulled their support in droves.