September 26, 2023
Advocate Health, Mount Sinai, among 10 big health systems in Transcarent provider network
The goal of the new nationwide ecosystem is to simplify patient access through virtual care pathways that work in tandem with local delivery, enabling higher quality and cost efficiencies for providers, says CEO Glen Tullman.
By Andrea Fox September 26, 2023
10:04 AM
Photo courtesy of Transcarent
The Transcarent platform integrates directly through the care pathway of each health system, including scheduling and pre- and post-care, support services and same-day payment for providers.
WHY IT MATTERS
Transcarent says the ecosystem will provide the employees of national self-insured employers with faster access to verified high-quality digital or in-person care, higher-quality care and affordable and predictable costs with full transparency.
"Our close collaboration with these 10 leading health systems will allow us to better design care pathways, provide higher-quality care and faster access," Glen Tullman, CEO of Transcarent, said in a statement.
The former founder and executive chairman of Livongo Health and CEO of Allscripts, now Veradigm , said that digital experiences must be combined with hands-on care.
"It’s not an either/or, it’s both."
According to the company's announcement Tuesday, the partnerships enable more coordinated and personalized patient experiences and simplifies healthcare for employers, providers and patients.
"To be clear, we’re not talking about the lowest costs, we’re talking about the highest quality of care enabled by better processes," added Dr. Randy Hawkins, Transcarent's chief medical officer.
Hawkins called the benefits of cost-effective coordination and value-based care incentives the platform aims to provide a "win-win" for employers and health systems.
"High-quality care drives down the overall cost of care. Through early intervention, process design and second opinions, we identify what care is necessary and then ensure it is performed by quality organizations at the appropriate site of care."
Transcarent's first 10 health system partners are:
Advocate Health
Atrium Health
Baylor Scott & White Health
Corewell Health
Hackensack Meridian Health
Intermountain Healthcare
Mass General Brigham
Memorial Hermann Health System
Mount Sinai Health System
Virginia Mason Franciscan Health
THE LARGER TREND
Transcarent emerged in 2021, announced investments of $200 million for its healthcare IT technology in 2022 and earlier this year, partnered with ViewFi , cofounded by U.S. tennis champion Andy Roddick, on virtual orthopedic rehabilitation and musculoskeletal care.
Transcarent's Orthopedic Consult Solution provides virtual diagnostic exams by orthopedic physicians and surgeons in less than two days via the Transcarent app.
The company has expended its services, including oncology services, behavioral healthcare navigation and pharmacy benefit tools.
Before a HIMSS23 conversation with Hal Wolf, CEO of HIMSS, Tullman said virtual care and artificial intelligence are the opportunities that will help move healthcare into an era of consumerization .
"At a high level, we're moving into an era of consumers in charge," he told Healthcare IT News in April.
ON THE RECORD
"By aligning with health systems who can guarantee both quality of care and competitive pricing, we can reduce administrative burden, and just as important, demonstrate true measurable value for the people who pay for care – employers and their employees," Tullman said in a prepared statement.
Andrea Fox is senior editor of Healthcare IT News.
Email: afox@himss.org
Healthcare IT News is a HIMSS Media publication.
September 26, 2023
Cost of a Data Breach Report 2023
Get the report
Register for the webinar
Fight back against data breaches
Be better prepared for breaches by understanding their causes and the factors that increase or reduce costs. Explore the comprehensive findings from the Cost of a Data Breach Report 2023. Learn from the experiences of more than 550 organizations that were hit by a data breach.
This report provides valuable insights into the threats that you face, along with practical recommendations to upgrade your cybersecurity and minimize losses. Take a deep dive into the report and find out what your organization is up against and how to mitigate the risks.
Note: All monetary values mentioned on this site are presented in US dollars (USD).
Investing now can save millions
USD 4.45 million
The global average cost of a data breach in 2023 was USD 4.45 million, a 15% increase over 3 years.
51%
51% of organizations are planning to increase security investments as a result of a breach, including incident response (IR) planning and testing, employee training, and threat detection and response tools.
USD 1.76 million
The average savings for organizations that use security AI and automation extensively is USD 1.76 million compared to organizations that don’t.
Gain insights from IBM Security® X-Force® experts
Get the most up-to-date information on the financial implications of data breaches. Learn how to safeguard your organization’s reputation and bottom line.
Register for the webinar
Webinar: 1 August 2023, 11 AM Eastern Time
The Cost of a Data Breach: Insights, Mitigators and Best Practices
Register for the webinar
Take action to help prevent breaches
Check out the recommendations based on the findings of the Cost of a Data Breach Report and learn how to better secure your organization.
Save money and time with AI and automation
Only 28% of organizations used security AI extensively, which reduces costs and speeds up containment.
Innovative technologies such as IBM Security® QRadar® SIEM use AI to rapidly investigate and prioritize high-fidelity alerts based on credibility, relevance and severity of the risk. IBM Security® Guardium® features built-in AI outlier detection that enables organizations to quickly identify abnormalities in data access.
If you need to strengthen your defenses, IBM Security® Managed Detection and Response (MDR) services use automated and human-initiated actions to provide visibility and stop threats across networks and endpoints. With a unified, AI-powered approach, threat hunters can take decisive actions and respond to threats faster.
Explore QRadar SIEM
Explore managed detection and response services
Protect data in the hybrid cloud
82% of breaches involved data stored in the cloud. Organizations must look for solutions that provide visibility across hybrid environments and protect data as it moves across clouds, databases, apps and services.
IBM Security Guardium helps you uncover, encrypt, monitor and protect sensitive data across more than 19 hybrid cloud environments to give you a better security posture.
IBM data security services provide you with advisory, planning and execution capabilities to secure your data, whether you’re migrating to the cloud or need to secure data already in the cloud. Services include data discovery and classification, data loss prevention, data-centric threat monitoring, encryption services and more.
Explore the Guardium data security portfolio
Learn about data security services
Uncover risky vulnerabilities
Build security into every stage of software and hardware development. Employing a DevSecOps approach and conducting penetration and application testing are top cost-saving factors in the report.
X-Force® Red is a global team of hackers hired to break into organizations and uncover risky vulnerabilities that attackers may use for personal gain. The team's offensive security services—including penetration testing, application testing, vulnerability management and adversary simulation—can help identify, prioritize and remediate security flaws covering your digital and physical ecosystem.
Learn about X-Force Red offensive security services
Know your attack surface and how to protect it
Knowing your attack surface isn’t enough. You also need an incident response (IR) plan to protect it.
The IBM Security® Randori platform uses a continuous, accurate discovery process to uncover known and unknown IT assets, getting you on target quickly with correlated, factual findings based on adversarial temptation.
With X-Force® IR emergency support and proactive services, teams can test your cyberattack readiness plan and minimize the impact of a breach by preparing your IR teams, processes and controls.
Explore IBM Security Randori
Explore X-Force for incident response
Learn about security products and services
IBM Security helps protect enterprises with an integrated portfolio of products and services, infused with security AI and automation capabilities. The portfolio enables organizations to predict threats, protect data as it moves, and respond with speed and precision while allowing for innovation.
Download the report
Sign up for the webinar
Need more details?
Explore IBM Security products
Learn about IBM Security services
Schedule a consultation with an expert
Top products & platforms
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September 26, 2023
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Entertainment News
Spotify using AI to clone and translate podcasters’ voices
By
Trevor Mogg
September 25, 2023 6:40PM
Spotify has unveiled a remarkable new feature powered by artificial intelligence (AI) that translates a podcast into multiple languages using the same voices of those in the show.
It’s been made possible partly by OpenAI’s just-released voice generation technology that needs only a few seconds of listening to replicate a voice.
Recommended Videos
Spotify said the feature makes for “a more authentic listening experience that sounds more personal and natural than traditional dubbing,” adding: “A podcast episode originally recorded in English can now be available in other languages while keeping the speaker’s distinctive speech characteristics.”
Advertisement
Continue Reading ˅
Advertisement
Continue Reading ˅
Starting today, Spotify is making available voice-translated episodes from select creators, with shows translated from English to Spanish. In the coming days, French and German episodes will also be made available.
Available episodes in Spanish include:
Lex Fridman Podcast – Interview with Yuval Noah Harari
Armchair Expert – Kristen Bell, by the grace of god, returns
The Diary of a CEO with Steven Bartlett – Interview with Dr. Mindy Pelz
Alternatively, head to the Voice Translation hub in Spotify’s app to view all of the translated shows that are currently available, with new shows arriving in the weeks and months to come.
Spotify said that around 100 million people “regularly” listen to podcasts on its platform, and its new AI-powered voice translation offering could notch up millions of more listens for shows that suddenly find themselves in new, enormous markets.
One of the tests of Spotify’s new feature will be whether the translation element manages to accurately capture the nuances of the original dialogue.
Advertisement
Continue Reading ˅
Advertisement
Continue Reading ˅
Either way, it looks like another setback for voice actors , as the technology could easily be transferred to movies and TV shows, replicating the voices of an entire cast for international versions of the content.
Voice cloning technology has been around for some time and is getting better all the time due to advances in AI. Not surprisingly, it’s already being used for nefarious purposes, too, with a growing number of related scams coming to the attention of law enforcement agencies. It’s feared that the technology could also fuel a rise in more convincing misinformation as bad actors use it to create audio of politicians or leading figures appearing to say things that they didn’t.
Editors' Recommendations
Coca-Cola apparently used AI to create a soda ‘from the future’
AI-powered commentary is coming to next month’s Wimbledon
AI turned Breaking Bad into an anime — and it’s terrifying
Spotify looks to lure podcasters, listeners away from Apple with polls, Q&As
Nvidia is renting out its AI Superpod platform for $90K a month
Topics
News
Artificial Intelligence
Music Streaming Services
Podcasts
Spotify
Tech News
Trevor Mogg
Contributing Editor
Not so many moons ago, Trevor moved from one tea-loving island nation that drives on the left (Britain) to another (Japan)…
Computing
How the USPS uses Nvidia GPUs and A.I. to track missing mail
The United States Postal Service, or USPS, is relying on artificial intelligence-powered by Nvidia's EGX systems to track more than 100 million pieces of mail a day that goes through its network. The world's busiest postal service system is relying on GPU-accelerated A.I. systems to help solve the challenges of locating lost or missing packages and mail. Essentially, the USPS turned to A.I. to help it locate a "needle in a haystack."
To solve that challenge, USPS engineers created an edge A.I. system of servers that can scan and locate mail. They created algorithms for the system that were trained on 13 Nvidia DGX systems located at USPS data centers. Nvidia's DGX A100 systems, for reference, pack in five petaflops of compute power and cost just under $200,000. It is based on the same Ampere architecture found on Nvidia's consumer GeForce RTX 3000 series GPUs.
Read more
Entertainment
Spotify wants to turn its popular podcasts into movies and TV shows
It looks like Spotify wants to expand its original podcasts beyond just listening to them -- it wants to turn them into TV shows and movies, too.
The music streaming app announced a first-look partnership with Chernin Entertainment on Thursday with the hopes of turning some of its more than 250 original podcast shows into viewable entertainment.
Read more
News
Spotify launches new video feature for select podcasts
Spotify just added video podcasts as a new way to listen to your favorite podcast hosts.
The feature is available starting Tuesday to select podcasts that include The Morning Toast, The Misfits Podcast, Fantasy Footballers, Higher Learning with Van Lathan and Rachel Lindsay, and others.
Read more
Upgrade your lifestyle Digital Trends helps readers keep tabs on the fast-paced world of tech with all the latest news, fun product reviews, insightful editorials, and one-of-a-kind sneak peeks.
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September 26, 2023
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Register today : Connect with key thought leaders at the Fierce Health Payer Summit
Payers
Women get less value out of their benefits than men do: Deloitte study
By Paige Minemyer Sep 26, 2023 05:00am
Deloitte Women's health Employer-Sponsored Health Plan Healthcare Costs
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Women are more likely to need services that surpass the deductible, leading to higher spending out-of-pocket, according to the report. ((Getty/everydayplus))
Women face greater medical costs than men and, as such, are getting significantly less value out of their benefits, according to a new analysis from Deloitte.
Researchers at Deloitte dug into data from the Komodo Healthcare Map and found that employed women face as much as $15.4 billion more each year in out-of-pocket costs compared to men. Across all ages between 19 and 64, women's out-of-pocket expenses were higher on average, according to the report.
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Among people with commercial insurance, the value of benefits to women is more than $1.3 billion less then men, the study found.
"We know about the wage gap and other products that are in market, like the 'pink tax,'" said Andy Davis, a principal at Deloitte's healthcare practice and one of the study's authors, in an interview with Fierce Healthcare. "It's another area where we continue to put more financial burden on women than we do men."
Related
How sustainability initiatives can mitigate climate risks and advance health equity: Deloitte
Women also use more healthcare services, according to the report, but that doesn't necessary explain why the gap in expenses is so yawning. On average in 2021, women spent 20% more on out-of-pocket expenses compared to men and, excluding maternity costs, only slimmed the difference to 18%.
Women are more likely to need services that surpass the deductible, leading to higher spending out-of-pocket, according to the report. The analysts also found that women are more likely to reach their out-of-pocket maximum.
Some of the factors identified include early-age recommendations for annual checkups, more frequent gynecological care and higher cost for cancer screenings like mammograms.
For instance, it's common that women have coverage for one mammogram per year at no cost, Davis said. However, the follow-up diagnostics for mammograms can be costly, which will lead to higher expenses.
Routine cancer screenings for men, such as prostate exams and colorectal cancer tests, also tend to start later in life than tests for women do, Davis said.
So, what can insurers and employers be doing to address these issues? It starts with reexamining their benefits and thinking about ways they can address the highest-cost services that impact women most.
The researchers recommend that plans and plan sponsors conduct a comprehensive review on their benefits focusing on the effects on men, women and people of any gender. Covering this actuarial value gap, according to the report, shouldn't come at a massive cost to employers, either.
The analysts said it will cost less than $12 per employee, or less than $1 each month.
In addition, Davis said insurers and plan sponsors can be looking at the services that women use most often and finding ways to address spend in those areas to reduce the burden on them.
For example, women are more likely to seek out mental health care than men and tend to use more services on average. So addressing the coinsurance around behavioral health or offering coverage with no or low cost-sharing could make a huge difference, he said.
"These are small changes that can have a really large impact on the overall financial burden on women," he said.
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September 26, 2023
Advocate Health, Mount Sinai, among 10 big health systems in Transcarent provider network
The goal of the new nationwide ecosystem is to simplify patient access through virtual care pathways that work in tandem with local delivery, enabling higher quality and cost efficiencies for providers, says CEO Glen Tullman.
By Andrea Fox September 26, 2023
10:04 AM
Photo courtesy of Transcarent
The Transcarent platform integrates directly through the care pathway of each health system, including scheduling and pre- and post-care, support services and same-day payment for providers.
WHY IT MATTERS
Transcarent says the ecosystem will provide the employees of national self-insured employers with faster access to verified high-quality digital or in-person care, higher-quality care and affordable and predictable costs with full transparency.
"Our close collaboration with these 10 leading health systems will allow us to better design care pathways, provide higher-quality care and faster access," Glen Tullman, CEO of Transcarent, said in a statement.
The former founder and executive chairman of Livongo Health and CEO of Allscripts, now Veradigm , said that digital experiences must be combined with hands-on care.
"It’s not an either/or, it’s both."
According to the company's announcement Tuesday, the partnerships enable more coordinated and personalized patient experiences and simplifies healthcare for employers, providers and patients.
"To be clear, we’re not talking about the lowest costs, we’re talking about the highest quality of care enabled by better processes," added Dr. Randy Hawkins, Transcarent's chief medical officer.
Hawkins called the benefits of cost-effective coordination and value-based care incentives the platform aims to provide a "win-win" for employers and health systems.
"High-quality care drives down the overall cost of care. Through early intervention, process design and second opinions, we identify what care is necessary and then ensure it is performed by quality organizations at the appropriate site of care."
Transcarent's first 10 health system partners are:
Advocate Health
Atrium Health
Baylor Scott & White Health
Corewell Health
Hackensack Meridian Health
Intermountain Healthcare
Mass General Brigham
Memorial Hermann Health System
Mount Sinai Health System
Virginia Mason Franciscan Health
THE LARGER TREND
Transcarent emerged in 2021, announced investments of $200 million for its healthcare IT technology in 2022 and earlier this year, partnered with ViewFi , cofounded by U.S. tennis champion Andy Roddick, on virtual orthopedic rehabilitation and musculoskeletal care.
Transcarent's Orthopedic Consult Solution provides virtual diagnostic exams by orthopedic physicians and surgeons in less than two days via the Transcarent app.
The company has expended its services, including oncology services, behavioral healthcare navigation and pharmacy benefit tools.
Before a HIMSS23 conversation with Hal Wolf, CEO of HIMSS, Tullman said virtual care and artificial intelligence are the opportunities that will help move healthcare into an era of consumerization .
"At a high level, we're moving into an era of consumers in charge," he told Healthcare IT News in April.
ON THE RECORD
"By aligning with health systems who can guarantee both quality of care and competitive pricing, we can reduce administrative burden, and just as important, demonstrate true measurable value for the people who pay for care – employers and their employees," Tullman said in a prepared statement.
Andrea Fox is senior editor of Healthcare IT News.
Email: afox@himss.org
Healthcare IT News is a HIMSS Media publication.
September 26, 2023
Cost of a Data Breach Report 2023
Get the report
Register for the webinar
Fight back against data breaches
Be better prepared for breaches by understanding their causes and the factors that increase or reduce costs. Explore the comprehensive findings from the Cost of a Data Breach Report 2023. Learn from the experiences of more than 550 organizations that were hit by a data breach.
This report provides valuable insights into the threats that you face, along with practical recommendations to upgrade your cybersecurity and minimize losses. Take a deep dive into the report and find out what your organization is up against and how to mitigate the risks.
Note: All monetary values mentioned on this site are presented in US dollars (USD).
Investing now can save millions
USD 4.45 million
The global average cost of a data breach in 2023 was USD 4.45 million, a 15% increase over 3 years.
51%
51% of organizations are planning to increase security investments as a result of a breach, including incident response (IR) planning and testing, employee training, and threat detection and response tools.
USD 1.76 million
The average savings for organizations that use security AI and automation extensively is USD 1.76 million compared to organizations that don’t.
Gain insights from IBM Security® X-Force® experts
Get the most up-to-date information on the financial implications of data breaches. Learn how to safeguard your organization’s reputation and bottom line.
Register for the webinar
Webinar: 1 August 2023, 11 AM Eastern Time
The Cost of a Data Breach: Insights, Mitigators and Best Practices
Register for the webinar
Take action to help prevent breaches
Check out the recommendations based on the findings of the Cost of a Data Breach Report and learn how to better secure your organization.
Save money and time with AI and automation
Only 28% of organizations used security AI extensively, which reduces costs and speeds up containment.
Innovative technologies such as IBM Security® QRadar® SIEM use AI to rapidly investigate and prioritize high-fidelity alerts based on credibility, relevance and severity of the risk. IBM Security® Guardium® features built-in AI outlier detection that enables organizations to quickly identify abnormalities in data access.
If you need to strengthen your defenses, IBM Security® Managed Detection and Response (MDR) services use automated and human-initiated actions to provide visibility and stop threats across networks and endpoints. With a unified, AI-powered approach, threat hunters can take decisive actions and respond to threats faster.
Explore QRadar SIEM
Explore managed detection and response services
Protect data in the hybrid cloud
82% of breaches involved data stored in the cloud. Organizations must look for solutions that provide visibility across hybrid environments and protect data as it moves across clouds, databases, apps and services.
IBM Security Guardium helps you uncover, encrypt, monitor and protect sensitive data across more than 19 hybrid cloud environments to give you a better security posture.
IBM data security services provide you with advisory, planning and execution capabilities to secure your data, whether you’re migrating to the cloud or need to secure data already in the cloud. Services include data discovery and classification, data loss prevention, data-centric threat monitoring, encryption services and more.
Explore the Guardium data security portfolio
Learn about data security services
Uncover risky vulnerabilities
Build security into every stage of software and hardware development. Employing a DevSecOps approach and conducting penetration and application testing are top cost-saving factors in the report.
X-Force® Red is a global team of hackers hired to break into organizations and uncover risky vulnerabilities that attackers may use for personal gain. The team's offensive security services—including penetration testing, application testing, vulnerability management and adversary simulation—can help identify, prioritize and remediate security flaws covering your digital and physical ecosystem.
Learn about X-Force Red offensive security services
Know your attack surface and how to protect it
Knowing your attack surface isn’t enough. You also need an incident response (IR) plan to protect it.
The IBM Security® Randori platform uses a continuous, accurate discovery process to uncover known and unknown IT assets, getting you on target quickly with correlated, factual findings based on adversarial temptation.
With X-Force® IR emergency support and proactive services, teams can test your cyberattack readiness plan and minimize the impact of a breach by preparing your IR teams, processes and controls.
Explore IBM Security Randori
Explore X-Force for incident response
Learn about security products and services
IBM Security helps protect enterprises with an integrated portfolio of products and services, infused with security AI and automation capabilities. The portfolio enables organizations to predict threats, protect data as it moves, and respond with speed and precision while allowing for innovation.
Download the report
Sign up for the webinar
Need more details?
Explore IBM Security products
Learn about IBM Security services
Schedule a consultation with an expert
Top products & platforms
Industries
Artificial intelligence
Blockchain
Business operations
Cloud computing
Data & Analytics
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IT infrastructure
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September 26, 2023
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How Much is Spotify Premium? Download Songs from Spotify Share a Spotify Playlist How to Cancel Spotify Premium Apple Music vs Spotify Spotify Free Trial Delete Spotify Account
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Home
Entertainment News
Spotify using AI to clone and translate podcasters’ voices
By
Trevor Mogg
September 25, 2023 6:40PM
Spotify has unveiled a remarkable new feature powered by artificial intelligence (AI) that translates a podcast into multiple languages using the same voices of those in the show.
It’s been made possible partly by OpenAI’s just-released voice generation technology that needs only a few seconds of listening to replicate a voice.
Recommended Videos
Spotify said the feature makes for “a more authentic listening experience that sounds more personal and natural than traditional dubbing,” adding: “A podcast episode originally recorded in English can now be available in other languages while keeping the speaker’s distinctive speech characteristics.”
Advertisement
Continue Reading ˅
Advertisement
Continue Reading ˅
Starting today, Spotify is making available voice-translated episodes from select creators, with shows translated from English to Spanish. In the coming days, French and German episodes will also be made available.
Available episodes in Spanish include:
Lex Fridman Podcast – Interview with Yuval Noah Harari
Armchair Expert – Kristen Bell, by the grace of god, returns
The Diary of a CEO with Steven Bartlett – Interview with Dr. Mindy Pelz
Alternatively, head to the Voice Translation hub in Spotify’s app to view all of the translated shows that are currently available, with new shows arriving in the weeks and months to come.
Spotify said that around 100 million people “regularly” listen to podcasts on its platform, and its new AI-powered voice translation offering could notch up millions of more listens for shows that suddenly find themselves in new, enormous markets.
One of the tests of Spotify’s new feature will be whether the translation element manages to accurately capture the nuances of the original dialogue.
Advertisement
Continue Reading ˅
Advertisement
Continue Reading ˅
Either way, it looks like another setback for voice actors , as the technology could easily be transferred to movies and TV shows, replicating the voices of an entire cast for international versions of the content.
Voice cloning technology has been around for some time and is getting better all the time due to advances in AI. Not surprisingly, it’s already being used for nefarious purposes, too, with a growing number of related scams coming to the attention of law enforcement agencies. It’s feared that the technology could also fuel a rise in more convincing misinformation as bad actors use it to create audio of politicians or leading figures appearing to say things that they didn’t.
Editors' Recommendations
Coca-Cola apparently used AI to create a soda ‘from the future’
AI-powered commentary is coming to next month’s Wimbledon
AI turned Breaking Bad into an anime — and it’s terrifying
Spotify looks to lure podcasters, listeners away from Apple with polls, Q&As
Nvidia is renting out its AI Superpod platform for $90K a month
Topics
News
Artificial Intelligence
Music Streaming Services
Podcasts
Spotify
Tech News
Trevor Mogg
Contributing Editor
Not so many moons ago, Trevor moved from one tea-loving island nation that drives on the left (Britain) to another (Japan)…
Computing
How the USPS uses Nvidia GPUs and A.I. to track missing mail
The United States Postal Service, or USPS, is relying on artificial intelligence-powered by Nvidia's EGX systems to track more than 100 million pieces of mail a day that goes through its network. The world's busiest postal service system is relying on GPU-accelerated A.I. systems to help solve the challenges of locating lost or missing packages and mail. Essentially, the USPS turned to A.I. to help it locate a "needle in a haystack."
To solve that challenge, USPS engineers created an edge A.I. system of servers that can scan and locate mail. They created algorithms for the system that were trained on 13 Nvidia DGX systems located at USPS data centers. Nvidia's DGX A100 systems, for reference, pack in five petaflops of compute power and cost just under $200,000. It is based on the same Ampere architecture found on Nvidia's consumer GeForce RTX 3000 series GPUs.
Read more
Entertainment
Spotify wants to turn its popular podcasts into movies and TV shows
It looks like Spotify wants to expand its original podcasts beyond just listening to them -- it wants to turn them into TV shows and movies, too.
The music streaming app announced a first-look partnership with Chernin Entertainment on Thursday with the hopes of turning some of its more than 250 original podcast shows into viewable entertainment.
Read more
News
Spotify launches new video feature for select podcasts
Spotify just added video podcasts as a new way to listen to your favorite podcast hosts.
The feature is available starting Tuesday to select podcasts that include The Morning Toast, The Misfits Podcast, Fantasy Footballers, Higher Learning with Van Lathan and Rachel Lindsay, and others.
Read more
Upgrade your lifestyle Digital Trends helps readers keep tabs on the fast-paced world of tech with all the latest news, fun product reviews, insightful editorials, and one-of-a-kind sneak peeks.
YouTube
TikTok
Mobile
Computing
Gaming
Audio / Video
Smart Home
Entertainment
Automotive
Space
Streaming Guides
Original Shows
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September 26, 2023
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Payers
Women get less value out of their benefits than men do: Deloitte study
By Paige Minemyer Sep 26, 2023 05:00am
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Women are more likely to need services that surpass the deductible, leading to higher spending out-of-pocket, according to the report. ((Getty/everydayplus))
Women face greater medical costs than men and, as such, are getting significantly less value out of their benefits, according to a new analysis from Deloitte.
Researchers at Deloitte dug into data from the Komodo Healthcare Map and found that employed women face as much as $15.4 billion more each year in out-of-pocket costs compared to men. Across all ages between 19 and 64, women's out-of-pocket expenses were higher on average, according to the report.
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Among people with commercial insurance, the value of benefits to women is more than $1.3 billion less then men, the study found.
"We know about the wage gap and other products that are in market, like the 'pink tax,'" said Andy Davis, a principal at Deloitte's healthcare practice and one of the study's authors, in an interview with Fierce Healthcare. "It's another area where we continue to put more financial burden on women than we do men."
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Women also use more healthcare services, according to the report, but that doesn't necessary explain why the gap in expenses is so yawning. On average in 2021, women spent 20% more on out-of-pocket expenses compared to men and, excluding maternity costs, only slimmed the difference to 18%.
Women are more likely to need services that surpass the deductible, leading to higher spending out-of-pocket, according to the report. The analysts also found that women are more likely to reach their out-of-pocket maximum.
Some of the factors identified include early-age recommendations for annual checkups, more frequent gynecological care and higher cost for cancer screenings like mammograms.
For instance, it's common that women have coverage for one mammogram per year at no cost, Davis said. However, the follow-up diagnostics for mammograms can be costly, which will lead to higher expenses.
Routine cancer screenings for men, such as prostate exams and colorectal cancer tests, also tend to start later in life than tests for women do, Davis said.
So, what can insurers and employers be doing to address these issues? It starts with reexamining their benefits and thinking about ways they can address the highest-cost services that impact women most.
The researchers recommend that plans and plan sponsors conduct a comprehensive review on their benefits focusing on the effects on men, women and people of any gender. Covering this actuarial value gap, according to the report, shouldn't come at a massive cost to employers, either.
The analysts said it will cost less than $12 per employee, or less than $1 each month.
In addition, Davis said insurers and plan sponsors can be looking at the services that women use most often and finding ways to address spend in those areas to reduce the burden on them.
For example, women are more likely to seek out mental health care than men and tend to use more services on average. So addressing the coinsurance around behavioral health or offering coverage with no or low cost-sharing could make a huge difference, he said.
"These are small changes that can have a really large impact on the overall financial burden on women," he said.
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