Share to Twitter Share to Linkedin One of the most profound problems in American healthcare (and perhaps globally) is the fragmented and siloed nature of healthcare data. This narrative is largely driven by the vast number of electronic health record (EHR) systems that are currently in use. These are the systems that contain a person’s medical data, history, and past treatment records. When a patient has a healthcare encounter, their information is accessed through an EHR system, so physicians can provide curated treatment per the patient’s history and background. The problem, however, arises from the fact that there are many different EHR and health IT systems, meaning that a patient’s records may not be accessible across different organizations. This poses a massive issue: if John Doe ends up in a hospital that is different from his native institution for any reason, unless that hospital happens to use the same exact record and information system, it would be … [Read more...] about Larry Ellison’s Latest Ambition: Create A National Healthcare Database
Northwest healthcare properties reit
Bursa ends broadly higher
- A + A KUALA LUMPUR (June 27): Bursa Malaysia closed broadly higher on Monday (June 27) on persistent buying interest mainly in technology and energy stocks, said an analyst. At 5pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) rose 1.42 points to 1,438.12 from Friday's close of 1,436.7. The benchmark index, which opened 2.12 points higher at 1,438.82, fluctuated between 1,431.65 and 1,441.03 throughout the trading session. On the broader market, gainers beat losers 546 to 365, while 393 counters were unchanged, 1,004 untraded, and 55 others suspended. Total turnover expanded to 2.65 billion units worth RM1.43 billion from 2.46 billion units worth RM1.47 billion on Friday. Key regional markets also continued to trend higher following positive cues on Wall Street including the upbeat performance of the tech-heavy Nasdaq Composite last Friday. Rakuten Trade Sdn Bhd vice president of equity research Thong Pak Leng said the FBM KLCI, which ended 0.1% … [Read more...] about Bursa ends broadly higher
Staffing Marketplace Nomad Health Raises $105 Million As It Expands Beyond Travel Nurses
Share to Twitter Share to Linkedin W hen Alexi Nazem was a hospital doctor, he faced a mountain of paperwork and bureaucratic hurdles anytime he wanted to moonlight outside his hospital. For healthcare professionals side gigs like these are common, so why should the process be so burdensome? Inspired by the possibility of applying the concept of other online marketplaces like AirBnB to healthcare temping, he and four cofounders (including AlleyCorp founder Kevin Ryan) launched Nomad Health in 2015. During the Covid-19 pandemic, Nomad saw explosive growth as hospitals, already facing nursing shortages, raced to fill roles in overburdened ICUs around the country. While the pandemic has (hopefully) peaked and travel nursing pay rates are receding from all-time highs, the underlying shift of much more of the healthcare workforce engaged in temporary rather than full-time roles is expected to continue. “One of the most important lessons that we've learned … [Read more...] about Staffing Marketplace Nomad Health Raises $105 Million As It Expands Beyond Travel Nurses
Chinese builder Sunac may miss local bond payment in a first
- A + A HONG KONG (June 27): China's fourth-biggest developer may miss a local bond payment for its first time ever, pressuring an onshore credit market that has remained resilient amid a property debt crisis and record offshore defaults. Sunac Real Estate Group Co said in an exchange filing on Friday it likely would not be able to raise enough funds to make a 400 million yuan (US$60 million) payment due June 30 for a portion of the note principal along with related interest. The deadline is part of an instalment plan Sunac got approval for several months ago that extended full repayment of the four billion yuan security by 18 months. A separate note maturing next year fell 15% on Monday while some due in 2025 closed at record lows, according to data compiled by Bloomberg. China's US$12.3 trillion local bond market has so far held up relatively well despite a cash crunch in the property sector sparked by a government crackdown on excessive leverage and housing … [Read more...] about Chinese builder Sunac may miss local bond payment in a first
Stock With Momentum: Permaju Industries
This article first appeared in The Edge Financial Daily, on March 31, 2020 . - A + A Permaju Industries Bhd (-ve) Permaju Industries Bhd (fundamental: 0.75/3, valuation: 0.3/3) made it into our Stocks with Momentum list yesterday for the sixth time in March. The counter settled four sen or 4.02% lower at 95.5 sen, with 13.02 million shares traded, over three times its 200-day average volume of 3.65 million shares. For the second quarter ended June 30, 2019, Permaju reported a net loss of RM762,000 on a revenue of RM18.55 million. The revenue was mainly derived from its automotive division. There were no comparison numbers for the previous year’s corresponding period, due to a change in its financial year end from Dec 31 to June 30. For the cumulative six-month period, Permaju posted a net loss of RM1.36 million on a revenue of RM37.36 million. The loss was because of losses recorded for its automotive, timber and property divisions, which … [Read more...] about Stock With Momentum: Permaju Industries
Stock With Momentum: Euro Holdings
This article first appeared in The Edge Financial Daily, on March 31, 2020 . - A + A Euro Holdings Bhd (-ve) TRADING of shares in Euro Holdings Bhd (fundamental: 0.35/3, valuation: 0.3/3) triggered our momentum algorithm yesterday for the fourth time this year. The counter closed eight sen or 25.4% higher at 39.5 sen, with 11.04 million shares traded, over six times its 200-day average volume of 1.77 million shares. The group is principally engaged in the design, manufacturing and trading of its own brand of chairs, system furniture, storage and accessories. For the fourth quarter ended Dec 31, 2019, the group’s net loss almost doubled to RM4.18 million from RM2.18 million for the corresponding period last year, mainly due to higher cost incurred and a provision for late delivery by the property division. Quarterly revenue fell 32% to RM18.16 million from RM26.6 million, due to lower property completion rates and lower sales owing to … [Read more...] about Stock With Momentum: Euro Holdings
Stock With Momentum: Sanichi Technology
This article first appeared in The Edge Financial Daily, on April 1, 2020 . - A + A Sanichi Technology Bhd (+ve) TRADING of shares in Sanichi Technology Bhd (fundamental: 1.2/3, valuation: 0.9/3) triggered our momentum algorithm yesterday for the first time this year. The counter closed half a sen or 10% lower at 4.5 sen, with 76.4 million shares traded, over six times its 200-day average volume of 12.24 million shares. The loss-making company continued to bleed in its fourth quarter ended Dec 31, 2019 with a net loss of RM1.34 million — its fifth straight quarterly loss — albeit at a smaller volume compared with RM11.04 million a year ago, due to lower operating costs from cost-controlling measures implemented. Revenue for the quarter also jumped more than three times to RM12.53 million from RM3.53 million a year ago, as revenue recognition in its property development segment picked up. For the full year ended Dec 31, 2019, the company’s net … [Read more...] about Stock With Momentum: Sanichi Technology
‘Dummy’ documents used to facilitate bribe payments to Guan Eng, says former company exec
Lim is accused of using his position as Penang chief minister to aid CZCSB secure the undersea tunnel project in return for 10% in the profits of the project from Zarul, which resulted in an alleged RM3.3 million in kickbacks to be received by the former. (Photo by Shahrin Yahya/The Edge) - A + A KUALA LUMPUR (June 27): “Dummy” documents were used to withdraw company money to make bribe payments to former Penang chief minister Lim Guan Eng, a former executive testified on Monday (June 27). Azli Adam, the former senior vice-president of finance and corporate services at of Consortium Zenith Construction Sdn Bhd (CZCSB), said falsified invoices and payment vouchers (PVs) were used to obfuscate the withdrawal of the company cash. Testifying in Lim’s undersea tunnel project graft trial at the Sessions Court, Azli said CZCSB director Datuk Zarul Ahmad Mohd Zulkifli "confessed" this to him after Zarul was arrested by the Malaysian Anti-Corruption Commission (MACC) in … [Read more...] about ‘Dummy’ documents used to facilitate bribe payments to Guan Eng, says former company exec
AME Development to launch RM1.5 bil industrial park by end-June
This article first appeared in City & Country, The Edge Malaysia Weekly, on June 20, 2022 - June 26, 2022. i-TechValley will be a modern, gated-and-guarded industrial park with properties that have contemporary façades and features (Photo by AME Development) - A + A AME Development Sdn Bhd is looking to launch i-TechValley, a RM1.5 billion, 170-acre industrial park at Southern Industrial and Logistics Clusters (SiLC) in Johor, by end-June. According to director of property development division Cheryl Lim, this will be the company’s third industrial project in SiLC. Lim says the previous industrial schemes there were smaller projects and not gated and guarded. In contrast, i-TechValley will be a modern, gated-and-guarded industrial park with properties that have contemporary façades and features. “i-TechValley is envisioned to set a new benchmark for the industrial sector. Being in SiLC, we are surrounded by mature townships. The industrial park will … [Read more...] about AME Development to launch RM1.5 bil industrial park by end-June
Enrile contracts COVID-19: ‘To my critics and enemies, I am not going to die yet’
FILE PHOTO: Juan Ponce Enrile. INQUIRER FILES MANILA, Philippines — Former Senate president Juan Ponce Enrile, 98, is confined in a hospital due to COVID-19. In a post on his personal Facebook account, the incoming legal adviser of President-elect Ferdinand “Bongbong” Marcos made an appeal “(t)o all my FB friends, critics, and enemies” to “(p)lease bear with me. I am in the hospital.” But it appears that the nonagenarian is asymptomatic, as he noted not feeling any discomfort and that his body temperature has been normal, except for a dry cough. “To my critics and enemies: Do not clap with glee. I am not going to die yet. Far from it,” Enrile also wrote on Facebook. “Since three (3) days ago after I entered Makati Med. when I was diagnosed ‘positive’ for COVID virus. I never had any discomfort. No chills. No fever. No headache. No malaise. My body temperature ranges from 36* to 36.8*. My body oxygen ranges from 96 to 99. All my physical vital signs and blood chemistry … [Read more...] about Enrile contracts COVID-19: ‘To my critics and enemies, I am not going to die yet’