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CoverSelf appoints Ashish Singh, Advisory Partner at Bain & Company, as Board Director

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–News Direct–

CoverSelf, a unified platform for healthcare claims and payment integrity, is today announcing the appointment of Ashish Singh, Advisory Partner at Bain & Company, as Board Director. This development comes on the heels of the companys recent close of a $8.2 million seed round.

Ashish is a well-known and deeply respected Bain & Company leader. He led Bains global Healthcare and Life Sciences (HLS) practice from 2012 to 2018 and served two terms on Bains global Board of Directors in the same time period. Ashish also founded Bain & Companys India office and was at its helm as Managing Director (2005-2011) and Chairman (2011-2014). Over the years, he also co-founded Bains Enterprise Software, Media & Entertainment, Pharmaceutical and Payer practices.

Ashish Singh, Advisory Partner at Bain & Company, joins CoverSelf as a Board Director
Ashish Singh, Advisory Partner at Bain & Company, joins CoverSelf as a Board Director

Ashishs expertise lies in corporate and BU strategies, market entry strategies, operational improvement, organisational effectiveness, M&A, healthcare IT, and large-scale corporate transformation programs.

We are thrilled to welcome Ashish onboard as our Board Director. He is a veteran in this space and brings invaluable experience in formulating overall strategy and US GTM strategy, as well as in-depth knowledge of the US healthcare system and health plans. Not to mention, his broad network of relationships across the industry will benefit us in the long term, said Rajasekhar Maddireddy, Co-founder of CoverSelf.

Weve been busy since our funding announcement. We are already live as the secondary editor in three health plans, with an expansion to another four over the next six months in the works. We are in full-scale implementation with a top 10 health plan, and executing a PoC with a Top 5 health plan. These are showing remarkable results, wherein the platform is processing 25 times more claims in the same time window than was done earlier. We will soon start initial moves into markets adjacent to the payment integrity (PI) space via collaboration with a focused set of partners to bring broader integrated solutions to our clients.

CoverSelf was founded in 2021 by US healthcare domain experts Rajasekhar Maddireddy and Raghavendra Pawar to tackle the ever-increasing claims inaccuracies and waste. The company aims to democratize the healthcare claims and payment integrity industry by creating a first-of-its-kind, fully open and transparent solution that empowers payment integrity teams in health insurance companies (payers) to transparently resolve health claims with hospitals and medical practices (providers).

CoverSelfs purpose-built platform utilizes multiple approaches, including the smart use of GenAI, to reduce waste while identifying new savings opportunities. The platform empowers payers to adapt to claims and payment inaccuracies by enabling them to configure their policies and logic in simple English-like language or use simple policy-specific templates, overcoming the fear of losing IP and fostering innovation and new concept releases without technical dependencies.

According to recent reports, the $9 billion PI industry has grown at around 7% CAGR in recent years. This just shows the inherent complexity of the billing processes. The truth is, over the years, there has been a perceptible negative impact on providers' experience with payments, and trust in payers has taken a significant hit. This has resulted in ballooning waste and improper payments. Given this scenario, Im glad to lend a helping hand to CoverSelfs mission, said Ashish Singh, Board Director of CoverSelf.

I will work closely with the co-founders and top management to increase Coverself's visibility amongst healthcare payers and technology partners and also bring my expertise to assist them in corporate and market strategy. What we are doing in CoverSelf is not just building a product that is looking to solve a few pain points; we are on a once-in-a-lifetime mission to truly democratize healthcare claims and payment integrity and restore faith in the USs healthcare ecosystem!

About CoverSelf

CoverSelf is a generational leap forward in healthcare claims and Payment Integrity architecture, built from the ground up for healthcare-specific use by passionate domain experts and strong technology professionals with decades of experience in addressing the pain points faced by Providers and Payers when dealing with the latest technological advancements.

Founded in 2021, CoverSelfs Payment Integrity Platform engages modern technologies to address payment leakage & claims inaccuracies while remaining transparent & accessible to Payers. The platform empowers payers to prevent and adapt to the ever-evolving claims & payment inaccuracies. We also help you reduce complexity and administrative costs with our unified healthcare dedicated platform.

Contact Details

CoverSelf

Bilal Mahmood

+44 7714 007257

[email protected]

Company Website

https://www.coverself.com/

View source version on newsdirect.com: https://newsdirect.com/news/coverself-appoints-ashish-singh-advisory-partner-at-bain-and-company-as-board-director-849622080

CoverSelf

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Alkane Resources boosts confidence in gold-copper property following Kaiser resource update

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Alkane Resources Ltd (ASX:ALK, OTC:ALKEF) managing director Nic Earner is back with Proactives Elisha Newell after the company posted a resource update for the Northern Molong Porphyry Projects (NMPP) Kaiser deposit in Central West New South Wales.The revised figures now indicate an overall resource of 213 million tonnes at a grade of 0.55 g/t gold equivalent, totalling 3.74 million ounces. The update follows an extensive infill drill program, which amalgamated results from 217 holes and nearly 95,000 metres of drilling activity.The resource update is part of Alkanes broader revision for the NMPP, including the complementary Boda deposit, which now boasts a global resource of 796 million tonnes at 0.58 g/t gold equivalent for 14.7 million ounces. Of this, 537 million tonnes are categorised as indicated resources and 258 million tonnes as inferred, highlighting substantial deposits of both gold and copper in both camps.Notably, the metallurgical results from these deposits have supported the development of a viable flowsheet, showing promising recoveries of 81% for copper and 71% for gold at Kaiser, with results slightly higher at Boda.Earner emphasised the heightened confidence in the Kaiser deposits potential, noting the transition of some resources from inferred to indicated categories and improvements in metal grades. Consequently, an upcoming scoping study expected later this quarter will further detail the potential economic outcomes and development plans for the Boda and Kaiser districts.

Contact Details

Proactive Investors

Jonathan Jackson

+61 413 713 744

[email protected]

View source version on newsdirect.com: https://newsdirect.com/news/alkane-resources-boosts-confidence-in-gold-copper-property-following-kaiser-resource-update-199136254

Alkane Resources Limited

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Online Traffic Safety Elevates Driver Education with Comprehensive Courses and Specialized CDL ELDT Training

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Larchmont, NY, United States, 29th Apr 2024 – Online Traffic Safety is redefining the landscape of driver education through its innovative online platform, offering a wide array of courses that cater to both new drivers and those seeking advanced qualifications like the Commercial Driver’s License (CDL). This expansion into CDL Entry-Level Driver Training (ELDT) signifies the company’s commitment to providing a full spectrum of driving education, encompassing Class A CDL, Class B CDL, upgrades from Class B to Class A, and specialized endorsements for hazmat, school bus, and passenger vehicles.

The foundation of Online Traffic Safety’s success lies in its interactive and comprehensive courses designed for a modern audience. The platform facilitates learning through a blend of audio, video, and quizzes, ensuring that students not only absorb but retain the critical information necessary for safe driving. Praised for its user-friendly interface and clear, informative content, the platform tailors its courses to be engaging, affordable, and, most importantly, state-approved.

Central to the platform’s curriculum development are expert driving instructors with years of experience. These professionals are dedicated to creating high-quality learning modules that reflect the latest in road safety and driving techniques. Their expertise is particularly evident in the specialized CDL ELDT Training courses, which are meticulously designed to meet the specific needs and regulations of commercial driving.

Online Traffic Safety’s commitment to accessibility and affordability extends to its CDL ELDT Training. Recognizing the growing demand for qualified commercial drivers, the company has positioned its courses to be competitively priced, ensuring that more individuals have the opportunity to pursue a career in commercial driving without financial barriers.

For those looking to enhance their driving credentials, Online Traffic Safety offers specialized endorsements that are crucial for drivers in specific fields. Hazmat endorsements prepare drivers to safely transport hazardous materials, while school bus endorsements ensure the safety of drivers, students, and school personnel. Additionally, passenger endorsements are available for those transporting passengers in vehicles like buses and vans, emphasizing safety and customer service.

To explore the comprehensive driver education and specialized CDL ELDT Training offered by Online Traffic Safety, interested individuals are encouraged to visit Online Traffic Safety.

Online Traffic Safety is not just preparing individuals to pass their driving tests; it’s equipping them with the skills and knowledge necessary for a lifetime of safe and responsible driving. With the addition of specialized CDL ELDT Training, the company is ensuring that commercial drivers are also receiving the highest quality education, contributing to safer roads and a more skilled driving workforce.

Media Contact

Organization: Online Traffic Safety Inc.

Contact Person: Joseph Hanson

Website: https://onlinetrafficsafety.com/

Email: Send Email

Contact Number: +18882226216

City: Larchmont

State: NY

Country: United States

Release Id: 29042411510

The post Online Traffic Safety Elevates Driver Education with Comprehensive Courses and Specialized CDL ELDT Training appeared first on King NewsWire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

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Press Release

Strategic Financial Management for Nonprofits – Fragasso’s Customized Approach

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Pittsburgh, PA – Fragasso Financial Advisors, a premier investment management and financial planning firm, is proud to announce its continued commitment to providing specialized strategic financial management services tailored specifically for nonprofit organizations. Recognizing the unique challenges and responsibilities faced by the nonprofit sector, Fragasso offers a focused, fiduciary approach designed to enhance financial sustainability and mission fulfillment.

Nonprofit organizations operate under complex financial conditions that require not only careful management of funds but also a strategic approach that aligns with their long-term goals. Fragasso Financial Advisors understands that each nonprofit has distinct objectives and constraints, which is why their service model is built around customization and flexibility.

“Our team is dedicated to serving the nonprofit community, providing the expertise and personalized attention that these organizations need to thrive,” said T.J. Drost, Institutional Assets Manager at Fragasso Financial Advisors. “We believe in building partnerships that are rooted in trust and transparency, ensuring that our clients can focus on their important work with peace of mind about their organization’s financial stability.”

Fragasso’s nonprofit clients benefit from a comprehensive suite of services, including focused investment management tailored to the specific needs of each organization. These services are underscored by a commitment to fiduciary responsibility, where Fragasso’s nonprofit financial advisors act solely in the best interests of their clients.

Key aspects of Fragasso’s nonprofit services include:

  • Development of Investment Policy Statements: These critical documents outline the investment goals and strategies that are tailored to each nonprofit’s specific needs, providing a clear framework for decision-making.
  • Strategic Asset Allocation: By aligning investment strategies with the organization’s financial goals, Fragasso helps nonprofits manage their resources more effectively.
  • Ongoing Monitoring and Rebalancing: Regular reviews ensure that investment strategies continue to meet the evolving needs of the organization and respond to changes in the financial markets.
  • Education and Support for Boards and Trustees: Fragasso provides ongoing education and strategic advice to help board members make informed decisions that align with both regulatory requirements and the organization’s mission.

The impact of Fragasso’s tailored approach can be profound. By focusing on creating harmony between an organization’s priorities and its investment funds, Fragasso helps ensure that nonprofits can maintain and grow their financial resources over the long term. This approach not only supports day-to-day operations but also fortifies the organization’s ability to serve its community effectively.

“Fragasso Financial Advisors is not just a service provider, but a partner to the nonprofit organizations we serve,” said Daniel Dingus, Executive Director of Portfolio Management at Fragasso. “Our goal is to empower these organizations through strategic financial management that respects their unique challenges and supports their vital missions.”

For nonprofits looking to enhance their financial strategies or to learn more about Fragasso’s services, the firm offers complimentary consultations. These sessions provide an opportunity for nonprofit leaders to discuss their financial concerns and explore potential solutions without commitment. Here is a link to their Financial Advisors contact form.

Investment advice offered by investment advisor representatives through Fragasso Financial Advisors, a registered investment advisor.

About Fragasso Financial Advisors, Inc.

Fragasso Financial Advisors, Inc. operates as an independent, primarily fee-based, employee-owned financial advisory establishment. Since its inception in 1972, the firm has been providing personalized financial planning and investment management services to individuals, non-profit organizations, and businesses. With a focus on long-term relationships and a commitment to providing the highest level of service, Fragasso Financial Advisors is a fiduciary, acting in their clients’ best interests with every decision.

Media Contact

Name
Fragasso Financial Advisors
Contact name
Marsha Posset
Contact phone
412-227-3206
Contact address
3402 Washington Road, Suite 301
City
McMurray
State
PA
Zip
15317
Country
United States
Url
https://www.fragassoadvisors.com/

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