Author: Brian Wallace

Whether you needed to cover your car or wanted to get help paying for medical costs, you’ve likely had a need for insurance at some point. However, when it comes to being a business, business functions a bit differently. When a business gets commercial insurance such as general liability or worker’s compensation, the premium is based on the best estimate of how your business will perform in the following year. Since estimations are scarcely perfectly accurate, this means that at the expiration of the policy there is usually a policy audit. When you overpay based on an estimate, you receive…

If you’re an IT professional, it’s safe to say artificial intelligence or AI has influenced at least 1 aspect of your job in the past few years. As the influence of AI continues to spread, so too does the demand for people who know how to effectively utilize it. In fact, as many as 66% of IT leaders simply would not hire someone if they didn’t have any AI skills. However, supply cannot keep up with demand in this case. In fact, there’s a wide 50% hiring gap in AI jobs and AI job roles. The Rise of AI Prompt…

Many industries are experiencing a rising reliance on technology, including automotive, banking, healthcare, and architecture. As a result, one of the fastest-growing occupations in the world is software development. Software developer jobs are in high demand in the United States, especially in Texas, New York, Virginia, Illinois, and Florida. The number of software development jobs in New York alone has increased by 20% annually. The Rise of Software Development Jobs The growing demand of these jobs, paired with the rising availability of various educational pathways has made it easier than ever to enter into the software development industry. Many prospective…

If you’ve been a recurring patient at hospitals or someone who works for a healthcare provider, chances are you’re familiar with the term ‘prior authorization’ (PA). Prior authorizations are just the process of asking a health insurance payer for consent to perform a specific healthcare service so that the provider may bill the insurance company. Unfortunately, these prior authorizations can usually be a very time-consuming process. The Rise of Prior Authorization Systems For every PA request, it’s estimated that $11 and 20 minutes are wasted by healthcare providers. For this reason, 93% of physicians say that prior authorizations cause a…

A growing number of human resources (HR) professionals are using HR technology to efficiently streamline recruitment processes and business development, and the reasons are clear. HR tech is used by businesses to simplify the process of recruiting, hiring, and training employees. Businesses and HR professionals have acknowledged that HR tech positively impacts their overall experience, business success, and recruitment processes. A wide range of HR tech currently exists and continues to improve, although you can outsource the HR processes. Further, these include employee referral software, performance management software, applicant tracking systems, workflow automation systems, candidate relationship management software, and talent marketplace…

The world around us is continuously evolving at a rapid pace. The speed of evolution cannot be slowed, forcing modern industries to keep up. To remain successful in this environment, the modern workforce must learn to adapt to today’s demands. To make this happen, many businesses are turning to learning and development initiatives. The Rise of Skills Based Training Implementing custom skills based training learning and development programs in the workplace can be key to remaining relevant. These trainings offer several benefits, from expanding employee skills and knowledge bases, to improving bottom-line profits. In fact, studies show that 76% of…

People are buying and using appliances everyday that make our lives easier. However, most people seldom think about or consider the components in the things we buy. This ecosystem of moving parts is everything to engineers, designers, and those who work to understand and enhance these modern day conveniences. Designing the Things People Use A simple household coffee machine has about 45 parts, while a typical dryer has over 120 parts. Even a car, which is one of the most commonly owned family items, has around 30,000 components that are needed to make it operate. Industrial designers and engineers spend…

Improving the insurance card capture and verification procedures is essential for both cost efficiency and efficacy in the field of healthcare administration. Today, the high error rates and inefficiencies make traditional approaches, such paper forms and human data entry, increasingly inappropriate. The choice of whether to create automated systems internally or buy them from specialist vendors is crucial for healthcare providers looking for contemporary solutions. Building Your Solution: Costs, Risks, and Rewards Full customization and ownership are two possible advantages of choosing to develop an AI-enabled insurance capture and verification system. However, it needs significant infrastructure spending, highly qualified personnel,…

Direct sourcing is a method that many companies big and small are using to enhance the hiring process within their companies. To date, 60% of large companies are already using or are planning to implement a direct sourcing program. Direct sourcing optimizes the talent acquisition process through the creation of a private talent community that can cater to a company’s specific needs. This takes the importance off of relying on inbound applications, and better ensures that new hires are prepared and qualified to take on available roles. Direct Sourcing Benefits Whether this talent pool is made from interns, referrals, general…

Sears Credit Card