Australia’s two biggest insurers will exceed their annual budget for natural hazards by hundreds of millions of dollars, as floods ravaging the country’s east coast add to a string of catastrophic weather events and worries about climate change. Two years after the worst bushfires on record tore through the country, Sydney was on high alert…
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Here is our pick of the 3 most important Stablecoin news stories during the week. Will the horrors of Ukraine speed up the transition of Crypto and Stablecoins from a niche to the future of money? In a horrific week, when we witnessed a full scale invasion of Ukraine and scenes many of us thought would…
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Palantir, the controversial data analytics group best known for its ties to the defence and security industries, is rolling out software across the UK’s NHS to help reduce the backlog of 6mn patients waiting for elective care. The US company’s data processing technology will be spread across 30 hospital trusts — bodies that organise healthcare…
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Success for GlaxoSmithKline’s consumer health spin-off has to start with talking the new business down. The UK drugmaker spent five hours on Monday trying to win analysts round to Haleon, as the spun-off entity is to be called. But for as long as Unilever’s failed bid sets the bar for valuation, it will be hard…
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Britain’s NHS risks taking longer to recover from the coronavirus crisis than health services in many comparable countries, reflecting years of underfunding, a high Covid-19 death toll and a lack of investment in care outside hospitals, a new report suggests. The findings from the Nuffield Trust, a London-based think-tank, shared with the Financial Times, offer…
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Apple has suspended sales of its products in Russia, as the world’s most valuable company led a number of other US brands in boycotting the country following its invasion of Ukraine. Apple said it would pause all product sales and block access to state media outlets Russia Today and Sputnik from the iPhone’s App Store…
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Consumer credit reports contained $88 billion in medical debt as of June, a problem the federal agency that enforces financial protection rules vows to crack down on. Medical debt is far and away the most common type of liability on credit reports. On Tuesday, Consumer Financial Protection Bureau officials questioned whether it belongs there at…
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The U.S. healthcare industry annually spends $979 million on turnover among primary care physicians, a new study by the American Medical Association found. Of that, $260 million, or 27%, is tied to burnout-related turnover. Of the 11,339 primary care physicians included in the study, 3,006 left because of burnout, the study found. “Turnover of primary…
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The Centers for Medicare and Medicaid Services is giving physician groups participating in its Merit-based Incentive Payment System more time to apply for an extreme and uncontrollable circumstance waiver so that 2021 quality data has less of a chance of negatively impacting their payments. Physician groups, virtual groups and alternative payment model entities can apply…
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Apple has suspended sales of its products in Russia, as the world’s most valuable company joins other multinationals boycotting the country following its invasion of Ukraine. The iPhone maker has also followed Silicon Valley companies including Google and Facebook owner Meta in blocking access to Russian state media outlets Russia Today and Sputnik. The RT…
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